Revenue from tourism in Cyprus fell by 3.7% year on year in October, even steeper than arrivals which dropped by 2.6% in the same month. On the basis of the results of
The production of cows’ milk for August decreased to 11,710 tonnes from 11,960 tonnes in the previous month. Compared to the same month of the previous year, however, it increased by 4.18%.
Euro zone inflation plunged in November and unemployment jumped more than expected, boosting the chances that the European Central Bank will make its largest ever interest rate cut next week to help
It is virtually certain that the ECB will cut rates again at its December 4 meeting after the Governing Council Meeting, predict analysts at Citigroup. Compared to the November meeting, the ECB
Logicom Public Ltd (LOG.CY) reported sharply higher sales, mostly arising from abroad but higher finance costs and exchange losses forced profits lower by 6% to EUR5.0 mln in 9M 2008. Group revenue
Costas Michaelides Constructions Ltd (KMC.CY) announced that majority owner and founder of the company Costas Michaelides has decided to submit a Public Offer for the acquisition of minimum 90% and up to
The European Commission has awarded grants to 11 enterprises, career counselling and training institutions in the northern part of Cyprus to promote equal opportunities for access to the labour market for all,
Eurobank EFG plans to expand its network of “wholesale” banking units in Cyprus to six from the current three, offering the full range of corporate, private and investment banking as well as
Indian commandos traded fire with Islamist militants as the endgame neared at a luxury hotel and a Jewish centre in Mumbai on Friday, but the gunmen were thought to be still holding
The significant deterioration observed in the conditions prevailing in the international financial environment had a negative impact on the results of the Hellenic Bank Group and as a result net after tax
