Turkey must contribute to the solution of the Cyprus problem based on the relevant UN resolutions and the EU principles and values, House President Marios Garoyian has stressed. Garoyian noted that Cyprus
Greek Cypriots, living in Britain, have condemned the illegal declaration of independence (UDI) by the Turkish Cypriots in the northern Turkish-occupied part of Cyprus. A picket to condemn the UDI was organised
Advantage Capital Holdings Plc (former Aspis Holdings) announced that its subsidiary, Commercial Value SA has reached a preliminary agreement to sell its stake in Aspis Bank to the Restis Group, of Victor
The U.S. trade deficit widened in September by an unexpectedly large 18.2 percent, the largest increase in more than 10 years, as oil prices rose for the seventh straight month and imports
U.S. crude oil rose above $77 a barrel on Friday, buoyed by renewed weakness in the U.S. dollar, but bulging fuel inventories in the United States kept price gains in check. By
OPEC should keep oil production unchanged at its last meeting of the year in December due to high oil stocks and weak fundamentals in the global economy, the group's president said on
Tourism arrivals in Cyprus continued to fall steeply in October, falling by 14% 230,431 in October 2009 compared with 267,866 in October 2008. Arrivals from the United Kingdom, which sources more than
Cyprus moved deep into recession in the third quarter according to the latest “flash” estimates of gross domestic product (GDP) produced by the Statistical Service. GDP is estimated to have declined by
Europe's recovery from recession gained traction as Germany and France reported further growth in the third quarter on Friday and Italy's economy started to expand for the first time in more than
The International Monetary Fund's managing director, Dominique Strauss-Kahn, said on Friday the pace of the recovery in the U.S. economy remains sluggish but he does not believe there will be a double-dip
