Air traffic at the Larnaca airport fell by 2.3% during March 2009 in comparison to March last year, according to data released by the Department of Civil Aviation of the Ministry of
Applications for company registrations in Cyprus fell by 46.6% year-on-year in the first four months of 2009 to 4.907 from 9.189 in the same period a year ago, according to Registrar of
Four big U.S. banks on Monday announced large common stock offerings and said they would use proceeds to repay funds received under the government's bank bailout program. U.S. Bancorp (USB.N) plans to
The European Democratic Party (EDP) has issued a Declaration on Cyprus in which it states that the solution of the Cyprus problem should be compatible with the European acquis communautaire and based
The Consumer Price Index for April 2009 has increased by 0,71 units or 0,65% to 110,07 units compared to 109,36 in March 2009, an official press release said here Monday. The reason
The global economy is about to turn the corner, leading central bankers said on Monday, and their cautious optimism was backed by data showing growing signs the economic and financial crisis is
Both indicators of inflation in Cyprus show that there was a sharp deceleration in the pace of price increases in April. The EU-harmonised inflation rate for April showed that prices rose by
Motor vehicle registrations fell for a fourth straight month in April, decreasing by 13.9% over April 2008 to 4,671. Registrations of private saloon cars fell in the same period by 13.6% to
The deficit on trade in goods shrank by more than a fifth in the first two months of 2009 as oil prices tumbled, compared with the same period of the previous year.
Oil fell $1 a barrel to below $58 on Monday, reversing some of the previous session's gain, pressured by falling European equities and caution over the pace of any global recovery. The
