Two rating agencies have reaffirmed their positions on Hellenic Bank due to the Group’s stable fundamentals and favorable prospects. Fitch has reaffirmed the C/D financial strength ratings for Hellenic Bank, as well
Cyprus has moved closer to reaching the European Union's renewable energy target by 2020, with the birth of the first wind park on the island, as the state-owned Electricity Authority of Cyprus
Company registrations in the first nine months of 2009 are down 42% year-on-year at 11,342 compared to 19,563 registrations in the same period in 2008, but the pace of decline in September
The Statistical Service of Cyprus has announced the publication of the monthly report “Intra-Extra E.U Trade Statistics (Summarised Data)” for July 2009, showing that the trade deficit shrank by nearly one billion
The Cyprus turnover value index of wholesale trade excluding motor vehicles and motorcycles for June 2009 increased by 6.4 % to 128.6 compared with 120.9 in May 2009. However, for the period
The Armenian community of Cyprus has expressed grave concern over two protocols agreed on 31 August between Armenia and Turkey. In an open letter to the President and the government of Armenia,
Following are the last 10 winners of the Nobel Peace Prize: 2009 – U.S. President Barack Obama for efforts to strengthen international diplomacy and cooperation between peoples. 2008 – Former Finnish President
U.S. President Barack Obama won the Nobel Peace Prize on Friday for giving the world "hope for a better future" and striving for nuclear disarmament, in a surprise award that drew criticism
World oil demand will recover at a faster pace than previously expected next year due to a more optimistic economic outlook, the International Energy Agency said on Friday. In a monthly report,
China's economic recovery is not yet on a solid footing so the country will carry on with its fiscal stimulus for now, Chinese Vice President Xi Jinping said on Friday. Speaking at
