Cyprus - Page 1705

The U.S. economy grew a touch faster than initially thought in the fourth quarter as businesses drew down inventories at a much slower pace and boosted investment, a government report showed on

Prime Minister George Papandreou on Friday vowed to ignore the political costs and take drastic measures to pull Greece out of a debt crisis threatening the stability of the euro zone. Speaking

Oil held around $78 a barrel on Friday after sliding more than 2 percent the day before as traders mulled recovery prospects for the United States, the world's top energy consumer, ahead

Britain's economic growth in the fourth quarter was revised up more than expected after new figures showed the service sector grew five times faster than initially estimated. The Office for National Statistics

Greek Prime Minister George Papandreou told parliament on Friday, after a visit by EU economic inspectors, that the worst fears about Greece's economy had been confirmed. Greece is desperate to restore investor

Cypriot tennis player Marcos Baghdatis has secured a place in the semi-finals of the Dubai Tennis Championships, after beating Germany’s Michael Berrer with 2-0 (7-6 6-1). On Friday at 5 o’ clock

Retail sales in Cyprus dropped in volume terms by 3.3% over the year earlier in December 2009, according to provisional figures from the Statistical Service. This was a milder drop than the

Oil fell by around $2 per barrel on Thursday to below $78, dragged lower by concerns over the outlook for the European economy and about the pace of U.S. recovery after a

The Malta Stock Exchange and the Cyprus Stock Exchange signed a Memorandum of Understanding at the Malta Stock Exchange premises in Valletta. The Memorandum of Understanding was signed by Dr Arthur Galea

EU inspectors visiting Athens expect declining gross domestic product and high borrowing costs will make it hard for Greece to meet its deficit-cutting targets this year, a senior Greek finance ministry official