The Cyprus construction sector was worth EUR 3.1 bln in 2008 according to the latest figures from the Statistical Service, published in its annual report, “Construction and Housing Statistics. 2008”. The report
The drop of tourism arrivals in the quiet month of January was the mildest it has been in over eight months, as tourism arrivals fell by 2.4% over the year earlier to
The decline in car sales showed no let up in January, as the total number of motor vehicles registered declined by 22.6% over the year earlier to 3,448, from 4,456 in January
The Cyprus economy appears to have started clambering out of recession in the fourth quarter, according to the latest flash estimate figures from the Statistical Service. In the fourth quarter GDP fell
Oil fell below $75 a barrel on Friday, pressured by a stronger dollar on growing disappointment among investors over the lack of details emerging from the European Union summit to help debt-laden
Europe's post-recession recovery hit a roadblock on Friday as German economic growth unexpectedly ground to a halt in the final quarter of 2009, though France made up for some of the damage.
Euro zone economic recovery stumbled in last year's final quarter as gross domestic product barely expanded, dragged down by a poor German performance despite healthy figures from France, data showed on Friday.
Next week's European Union finance minister meeting is unlikely to decide an aid package for Greece, but adverse market reactions could trigger a decision at any time, an EU government source told
The number of U.S. workers filing new applications for jobless benefits tumbled last week, a government report showed on Thursday, reversing a recent spike that had raised concerns about renewed labor market
European leaders have reached a deal to provide aid to Greece, EU president Herman Van Rompuy said on Thursday, in an unprecedented move to stave off a broader crisis in the 16-nation
