The Cyprus Tourism Organisation and the Cyprus Hoteliers’ Association are making every effort to limit any negative fallout on the island’s main industry, tourism, which has been affected by the world financial
British manufacturers' orders fell at their sharpest pace since July 1992 in January despite sterling's weakness as the global economic slowdown is taking a heavy toll on demand, a survey showed on
Bank of Cyprus said it is surprised for the inaccuracies and the arbitrary way with which the various assumptions and admissions regarding the results and the prospects of the Group were made
Turkey must not link the channeling of natural gas with political issues, Czech Foreign Minister Karel Schwarzenberg has said, responding to a question by Cypriot member of the European Parliament Kyriakos Triantaphyllides
Finance Minister Charilaos Stavrakis has reiterated he remains cautiously optimistic that growth rate will reach 2% during 2009. Stavrakis was speaking on Wednesday after a meeting with former Finance Ministers of the
China's economic growth slumped to 6.8 percent last quarter, dragging down the pace of expansion for all of 2008 to a seven-year low of 9.0 percent as the full force of the
U.S. President Barack Obama is expected to issue an order on Thursday to close Guantanamo prison after a busy first full day in office that saw him meet his economic advisers and
Cypriot President Demetris Christofias stepped down as leader of the ruling Communist AKEL party on Wednesday after 20 years at the helm. Moderate Andros Kyprianou succeeded Christofias, who became Cyprus's first communist
Russian billionaire Alexander Lebedev is buying a majority interest in London's Evening Standard newspaper for a nominal sum, current owner Daily Mail & General Trust said. Lebedev — who owns stakes in
Director of the Department of Overseas Cypriots at the Ministry of Foreign Affairs, Ambassador Stavros A. Epaminondas, has died on Monday in London at the age of 56, it was announced on
