Cyprus - Page 1978

Outbound tourism is still booming in Cyprus according to the latest results of the Passengers Survey. The survey reported that 74,080 residents of Cyprus returned from a trip abroad in November 2008,

Output in the construction sector slowed to its slowest pace of growth for two years in the third quarter of 2008, with the production index for construction rising by 1.7% over the

Outgoing U.S. Treasury Secretary Henry Paulson said the U.S. government had to battle the financial crisis without the tools needed to do the job effectively, the Financial Times newspaper reported. Paulson also

German Chancellor Angela Merkel said on Wednesday she would press for stronger international financial regulations, saying the global economic crisis created an opportunity for more controls and greater transparency. In a speech

The number of property sale contracts transacted during the period January – November 2008 showed a 27.9% year-on-year reduction while contract sales in November showed 60.5% YoY decline according to data issued

''SS Dignity was creased along with the dignity of Europe, which did not react,'' Cypriot MP Eleni Theocharous said on Tuesday on her return home, after SS Dignity, which tried to break

 Prices of U.S. single-family homes in October plunged a record 18.0 percent from a year earlier, according to the Standard & Poor's/Case-Shiller Home Price Indices released on Tuesday that indicated a U.S.

Gulf Arab rulers were poised on Tuesday to announce a pact that paves the way for a unified currency for the world's biggest oil-exporting region. The summit, billed as an economic forum

 Iran's president presented an economic reform bill on Tuesday expected to include hiking fuel prices and directing subsidies to the needy, but some in parliament said it was ill-planned and would stoke

A baby died and nine other newborns were seriously ill on Tuesday after a suspected outbreak of the rare Legionnaires' disease at a hospital in Cyprus, medics said. The newborn died on