Minister of Finance Charilaos Stavrakis has expressed satisfaction with the increase of Russian deposits in Cypriot banks. In statements on the sidelines of the Cyprus Export Award Ceremony for 2007, Stavrakis noted
The European Commission and EU Member States have decided to lower further the fees payable to the Community agency responsible for granting EU-wide trade mark rights, OHIM (Office for the Harmonization in
A Cypriot court on Tuesday postponed the extradition of a suspected international jewel thief thought to be part of a Balkan criminal gang known as the "Pink Panthers". Global police agency Interpol
Oil rose towards $50 a barrel on Tuesday, heading for its largest monthly and quarterly gain since June 2008, gaining a lift from rising stock markets and a weaker dollar. European stocks
Bank of Cyprus International Banking Services (IBS), the Division providing banking and other financial services to the international clientele of the Bank, announced that Cyprus Certification Company, an official accreditation body for
World Bank President Robert Zoellick announced a $50 billion global trade liquidity program on Tuesday and urged G20 leaders to support the effort to reverse a sharp drop in trade due to
Britain's economy will shrink by 3.7 percent this year, its fastest pace of decline since World War Two, and the government has little room for more fiscal support, top international researchers said
Cyprus Minister of Communications and Works Nicos Nicolaides discussed during the EU Transport Council the issue of Turkey’s refusal to allow Cypriot aircrafts to use its air space. Nicolaides met on the
President Barack Obama heads to Europe on Tuesday with a hefty agenda for tackling the economic crisis and seeking support for his new Afghanistan strategy on a trip that will test his
The monthly Eurostat index on the economy reflects the pessimism, which prevails among businesspeople and consumers in the European Union member states. According to Eurostat data, the basic index reflecting the confidence
