The unemployment rate in Cyprus climbed to 5.2% in the second quarter, from 3.1% in the same quarter of 2008, according to the results of the EU-compatible quarterly Labour Force Survey. The
U.S. President Barack Obama vowed on Wednesday to work for "balanced and sustained" growth at a G20 summit in Pittsburgh this week, saying financial regulation needed strengthening to put an end to
Aspis Holdings Public Co. (ASP) and Aspis Liberty Life Insurance Public Company (LIB) announced that Pavlos Psomiades has resigned from his position as Chairman of the Board. Vasilis Adamopoulos also resigned from
Greek Cypriot and Turkish Cypriot political parties have reiterated their support for the efforts of the leaders of the two communities to reach an agreed solution to the Cyprus problem. The leaders
Turkey must undertake its responsibilities on the issue of illegal immigration to Cyprus, Interior Minister Neoclis Silikiotis has said, adding that during the EU Council of Justice and Home Affairs Ministers in
The fees of many banks in the European Union are often opaque, while there are problems with the way banks inform and advise their customers, according to a European Commission report on
China responded on Wednesday to a United States proposal for closer cooperation among Group of 20 countries to tackle global imbalances by saying it supported international economic policy coordination. In a statement
British housebuilders Barratt and Redrow turned to investors for fresh funds on Wednesday, hoping to repair weak balance sheets and have some money left over to exploit subdued property prices by snapping
Bank of England policymakers voted unanimously to keep their asset purchase programme at 175 billion pounds in September, but those who had wanted more in August still felt they had a case,
U.S. single-family home prices rose by a seasonally adjusted 0.3 percent in July from June but were 4.2 percent lower than a year earlier and 10.5 percent below their April 2007 peak,
