Greece's debt-laden economy cannot count on tourism to dig it out of recession this year, with the industry forecasting at best minimal growth and at worst a further decline after a deep
Russian President Dmitry Medvedev on Tuesday said he had told Greek Prime Minister George Papandreou to turn to the International Monetary Fund and the World Bank for help. "I have just met
British inflation shot further above its 2 percent target in January, though the Bank of England will almost certainly say the jump is temporary when it is forced to explain itself to
European shares gained on Tuesday after UK bank Barclays beat profit forecasts, and the euro rose against the dollar as European finance ministers put more pressure on Greece to resolve its fiscal
European shares rose in early trading on Tuesday, buoyed by stronger banks after Barclays posted forecast-beating results, while oil majors drew strength from rallying crude prices. By 0808 GMT, the pan-European FTSEurofirst
President Demetris Christofias presented the Employers and Industrialists Federation (OEV) annual Financial and Business Excellence awards on Monday. The Bank of Cyprus, a leading financial institution, was presented with the award for
Members of the young shipping community in Cyprus as well as guests from Greece, Germany and the United Kingdom, gathered in Limassol recently for the first BIMCO39 day held at the Columbia
Celebrity chef Ettore Botrini, known from his show ‘Nightmare in the Kitchen’, was recently in Nicosia to help launch the revised new menu at the La Pasteria. The popular TV host “added
Etihad Airways has launched a special fare package for travellers from Cyprus to the Chinese cities of Beijing, Hong Kong, Guangzhou and Shanghai, starting from €425 (including all taxes) on Coral Economy
Sales at U.S. retailers rose more than expected in January, suggesting consumers were feeling a bit more comfortable to spend and sustain the economic recovery. The Commerce Department said on Friday total
