Hellenic Bank’s online NetBankiong service has won Global Finance magazine’s award for “Best Integrated Consumer Bank Site” in the regional category for Best Consumer Internet Banks. The prize was announced in New
Work will begin at the end of summer to transform the old Aqua Marina hotel into a brand new commercial project in the heart of Limassol, the multi-storey Marina Tower office complex
The Employers and Industrialists’ Federation (OEV) has said it is “most concerned” about the low rate of productivity of Cypriot enterprises, which has already been hurt by the limited amount of lending
Georgia’s newly-appointed resident ambassador in Cyprus, Vladimer Konstantinidi, met with Christodoulos Angastiniotis, the president of the Nicosia Chamber of Commerce and Industry (EVEL) and other officials, with whom he discussed ways to
Cyprus government signed on Friday a contract for the construction of the island's fist wind park, expected to be completed in mid 2010. The park, one of the biggest in the Eastern
The sharp fall in U.S. economic output "seems to be ending" but a recovery is likely to be slow and gradual due to uncertainty over weak jobs and housing markets, the International
The U.S. economy contracted at a slower-than-expected pace in the second quarter, government data showed on Friday, but a sharp drop in consumer spending fanned fears that recovery would be sluggish. Gross
Euro zone unemployment rose to a 10-year high of 9.4 percent in June, though the level was less than expected, while July inflation moved much further into negative territory than forecast, data
Oil slipped below $67 on Friday as investors turned their attention back to weak fundamentals after the previous day's sharp equities-led gains. Oil analysts said the dip in prices also reflected caution
The U.S. economy probably contracted again in the second quarter, pressured by a huge inventory liquidation, but the pace of decline likely slowed from previous periods, according to a Reuters survey. While
