Investor confidence in Dubai took a fresh knock on Tuesday as its leaders dithered over a rescue for debt-laden company Dubai World and ratings agency Moody's slapped a downgrade on government-related debt.
Cyprus building permits bounced in September, as the number of building permits authorised by the municipal authorities and the district administration offices during September 2009 rose by 53.8% over the year earlier
British industrial output failed to grow in October, disappointing expectations for a further expansion and raising doubts over the strength of any recovery in the fourth quarter. The Office for National Statistics
Security of energy supply and energy-saving measures were the main issues discussed during the EU Energy Council, at which Cyprus was represented by Minister of Commerce, Industry and Tourism Antonis Paschalidis. The
President of the Republic of Cyprus, Demetris Christofias, has expressed optimism that the economic crisis will be dealt with successfully, noting that the government will always consult with all social partners before
Generic medicinal product manufacturing is a vibrant sector contributing significantly to the industrial output of Cyprus, stressed on Monday Minister of Health Christos Patsalides. Speaking during a workshop of Cyprus Employers and
Cyprus is ready to make a big step in modernising electronic communications, with the introduction of digital terrestrial television (DTT) in 2010. Ministers of Communications and Works Nikos Nicolaides and Interior Minister
Minister of Health Christos Patsalides has said he was satisfied with the free vaccination programme launched late November by the government of Cyprus against the H1N1 virus. “The Ministry is satisfied with
The EU-harmonised consumer price inflation rate (HICP) in November confirmed that the period of deflation in Cyprus is over as prices rose by 1.0% over the year earlier, having fallen for four
The projected long-term cost of the U.S. government's bailout of the nation's big banks is going to be at least $200 billion less than previously thought, a Treasury Department official said on
