Cyprus business confidence declines sharply

Business confidence in Cyprus recorded a significant decline in the retail trade sector, while further deterioration is expected in the services and construction sectors according to a survey performed by the Economics

Cyprus industrial turnover booms in September

Industrial turnover in Cyprus boomed in September, with the industrial turnover index rising by 17.4% compared with September 2007 to reach 173.8 (base 2000=100). The industrial turnover index comprises mining and quarrying,

Cyprus building permits on the rise again

Building permits in Cyprus defied expectations again in October, rising in number, value and area terms for the second straight month, despite reports of a slowdown in demand. The Statistical Service announced

Cyprus probes suspect package at US embassy

A suspect package was sent to the U.S. embassy in Cyprus on Monday and authorities were carrying out tests to determine what it contained, officials said. The sealed package roused embassy staff

New Maronite Archbishop of Cyprus enthroned

The enthronement of the new Maronite Archbishop of Cyprus, Joseph Soueif, took place Sunday in the Maronite Church in Nicosia. The ceremony was attended among others by President of the Republic of