OECD says UK economy to shrink 1.1 pct in 2009

Britain's economy will shrink 1.1 percent next year and unemployment is likely to rise to 6.8 percent of the workforce, the Organisation for Economic Cooperation and Development forecast on Tuesday. The Paris-based

Cyprus National Council codifies working mode

The members of the National Council, the top advisory body to the President on the handling of the Cyprus question, comprising parliamentary parties, have codified their working method. Speaking after a Council

Cyprus protests air violations by Turkey

Cyprus Permanent Representative to the UN Minas Hadjimichael has protested to the UN Secretary General Ban Ki Moon new violations of the international air traffic regulations and of Cyprus' national airspace by

Cyprus petroleum stocks up 4.9% in September

The Statistical Service reports that total sales of petroleum products in September 2008 recorded an increase of 9.4% compared to the previous month. A significant rise was recorded in the sales of