Cyprus petroleum stocks up 8.4% in May

The total sales of petroleum products in May 2009 recorded an increase of 8.4% compared with the previous month according to the Statistical Service. Α considerable rise was recorded in the sales

Cyprus unemployment rise tops 6,200

The number of registered unemployed in Cyprus continued to climb in June, reaching 1,674. This was number was 6,231 or 59.3% higher than in June 2008. Unemployment began to rise rapidly in

Oil brokerage PVM names rogue trader

London-based brokerage PVM Oil Futures Limited said on Friday that Steve Perkins, a senior broker based at the firm's London office, was responsible for unauthorised trades earlier this week. Philip Wiper of

Bomb damages tax office in Athens, no injuries

A homemade bomb exploded outside a Greek government taxation office in Athens on Friday, damaging nearby buildings but causing no injuries, police said. "The explosive device went off around 0230 GMT, shattering

UN General Assembly adopts UNFICYP budget

The plenary of the UN General Assembly adopted on June 30 the budgets of 14 peacekeeping forces, including the UN Peacekeeping Force in Cyprus (UNFICYP). The General Assembly adopted the report of