Tourism arrivals fell over the year-earlier period less steeply in April than in February and March but the main reason could have been the timing of western Easter. On the basis of
British industrial output fell less than expected in March though still posting its biggest annual decline on record, while the country's trade deficit narrowed to its smallest in almost 2 years, data
Oil prices edged above $59 a barrel on Tuesday to set a new six-month high, mainly in response to firmer equities and a weaker dollar. U.S. crude rose 65 cents to $59.15 a
China disappointed markets on Tuesday with a sharp drop in exports in April that overshadowed strength in capital spending and dampened optimism that a global economic recovery might be around the corner.
A powerful bomb damaged a bank in Athens early on Tuesday but caused no injuries, police said. The bomb, placed outside the Greek bank Eurobank in the southeastern Argyroupoli district, was the
A just solution of the Cyprus problem depends to a great extent on Turkey, President of the Republic of Cyprus Demetris Christofias stressed here Monday. “A just solution is not something which
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
