The European Central Bank cut interest rates to an all-time low of 1.5 percent on Thursday, keeping up a record pace of reductions as the euro zone economy slides deeper into recession.
The Bank of England cut interest rates by 50 basis points on Thursday to a record low of 0.5 percent, and said it would buy assets worth 75 billion pounds to help
Cypriot industry spent 0.3% of gross domestic product (GDP) on environmental expenditure in 2007 according to the results of a survey carried out by the Statistical Service, compared with an EU average
A collapse in exports and a fall in private demand and investment produced the deepest ever quarterly euro zone economic drop in the fourth quarter of 2008, data showed, as the ECB
The index of industrial production for December 2008 reached 122.0 (base 2000=100) in Cyprus. For December 2008, the index recorded an increase of 1.9% compared to December 2007. For manufacturing, the index
Cypriot architects had a rough ride in the fourth quarter of 2008 according to figures on turnover for the fourth quarter of 2008 but accountants and lawyers were still recording a strong
Oil fell more than a dollar towards $44 on Thursday, after surging nearly 9 percent in the previous session on a surprise drop in U.S. crude stocks that could signal recovering demand
British house prices fell 2.3 percent in February and by a record 17.7 percent year-on-year, taking average prices back to levels last seen in August 2004, mortgage lender Halifax said in its
Cyprus Foreign Minister Marcos Kyprianou has expressed the belief that 2009 will be a year of decisive developments with regard to efforts to solve the Cyprus question. According to the Athens News
There are significant differences with regard to the views of the two communities concerning the question of properties and we shall come back to it, Cyprus President Demetris Christofias has said. In
