The Statistical Service has announced the publication of the annual report “Industrial Statistics, 2008”. The report provides detailed data on the broad industrial sector, covering manufacturing. mining and quarrying and electricity and
A united Cyprus, with a unified economy and a common currency, would lead very quickly to economic growth on the island, even though there is now economic discrepancy between the Greek Cypriot
A cooperation agreement between the Republic of Cyprus and the European Space Agency (ESA) was signed in Nicosia. The agreement was signed on behalf of the Republic of Cyprus by Permanent Secretary
Cyprus Government's fiscal policy for the year 2010 will be aimed at maintaining the deficits on reasonable levels and supporting the real economy to the greatest possible extent. Minister of Finance Charilaos
Marfin Popular said first-half net profit fell 59% to EUR 90.3 mln during the first half of 2009 compared to EUR 220 mln profits a year ago in the same period, but
SFS Group Public Company Ltd (SFS) issued its H1 09 results with profitability declining by 94% to EUR871.000 compared to EUR 14.6mln in H1 08. Group revenue decreased by 28.2% to EUR
Cyprus is facing a decline in all sources of government revenue as the economic downturn bites, hitting the island's public finances, the finance minister said on Thursday. Cyprus, which had posted surpluses
Cypriot Hellenic Bank posted a 96% drop in first-half net profit to EUR 2.06 mln compared to profits of EUR 50.89 mln a year ago in the same period but well above
Hedge fund manager John Paulson, who bet against financial companies after foreseeing the credit crisis, has been buying Citigroup Inc (C.N) shares over the past few weeks, the New York Post reported,
Business investment in Britain fell 10.4 percent in the second quarter of this year compared with the first, the steepest drop since 1985, preliminary official data showed on Thursday. Compared with a
