Industrial production dropped by 7.6% over the year earlier in July, according to the latest figures from the Statistical Service. The fall was larger than the 7.2% drop recorded in June but
The Economic Sentiment Index in Cyprus in September 2009 recorded the largest improvement among Eurozone countries, reaching 66.7 points, from 56.1% in August. According to a monthly European Commission report, in Cyprus
House President Marios Garoyian has warned those who still advocate a return to a failed UN solution plan – the Annan plan – that they will fail in their effort to help
Italy staked its claim on Tuesday to the European Central Bank presidency after Jean-Claude Trichet's mandate expires in October 2011, setting the stage for a fight with EU powerhouse Germany. Italian Foreign
U.S. home prices in July rose for the third straight month, surpassing forecasts and suggesting that the housing market is stabilizing after a three-year plunge. The S&P/Case-Shiller composite index of house prices
Greek Prime Minister Costas Karamanlis on Tuesday promised tough economic measures to deal with Greece's ballooning debt, saying he was confident voters would opt for his difficult path in Oct. 4 elections.
The Bank of England does not plan any imminent change to its monetary framework by altering the interest rate it pays on commercial banks' reserves, say economists who attended a meeting with
Italy staked its claim on Tuesday to the European Central Bank presidency after Jean-Claude Trichet's mandate expires in October 2011, setting the stage for a fight with EU powerhouse Germany. Italian Foreign
Unravelling high public debt and fiscal shortfalls will slow recovery for the European Union's eastern economies and present laggard Hungary is poised to shine in 2011 after being the first to tackle
Commonwealth Secretary-General Kamalesh Sharma will visit Cyprus from 30 September to 2 October 2009 on the occasion of a Commonwealth Finance Ministers Meeting to be held in Limassol on 1-2 October. According
