Avis Rent A Car (Cyprus) won an award based on the high level of customer satisfaction during the annual conference of Traveljigsaw, the international car-hire services agency, held recently in Morocco. Traveljigsaw
The global recession threatens to wipe out a decade of progress in Africa, boosting poverty and political tension, although the crisis is not of the continent's making, the head of the African
European Union leaders agreed on Friday to provide 75 billion euros ($103 billion) in new loans to the International Monetary Fund as part of a G20 effort to boost the lender's firepower
The Board of Directors of Marfin Popular Bank Public Co Ltd during its meeting on March 19 approved the issue of Capital Securities up to the amount of EUR 250 mln, or
Euro zone countries have agreed a rescue plan to prevent members of the currency bloc going bankrupt and will probably use it, with Ireland and Greece the top candidates for aid, a
The government will support the Cyprus Investment Promotion Agency (CIPA) to complete a project it has undertaken and to succeed in its mission, President of the Republic Demetris Christofias said. “No economic
Industrial turnover was strong in December according to the latest figures from the Statistical Service. The industrial turnover index reached 165.7 (base 2000=100), recording an increase of 8.7% compared with December 2007.
European Union leaders will urge the G20 leading and emerging economies to double the size of the International Monetary Fund's arsenal for fighting global recession to $500 billion, a draft declaration showed
Pirates seized a Greek-owned cargo ship off the coast of Somalia late on Thursday, the third such incident in the past two months, Greece's merchant marine ministry said. "The Saint-Vincent-flagged cargo vessel
Minister of Commerce, Industry and Tourism Antonis Paschalides departs Friday for Moscow where Cyprus will participate in the 4th International Tourist Exhibition entitled “Intourmarket 2009», organised by the Russian Federation. According to
