Inflation in Cyprus fell rapidly in November mainly as a result of falling international oil and food prices. The consumer price index in November 2008 decreased by 1.0% compared with the previous
Central banks in Europe were poised to cut interest rates on Thursday to try to contain a global economic slump that appears to be spreading faster than policymakers had anticipated. Asia-Pacific nations
Cyprus attracted 1,.6 bln euros in direct foreign investment in 2007, compared to 1,46 bln in 2006 and 940 mln the year before that. Direct investments from EU member states reached 969.4
European Union regulators have banned imports of Chinese soy-based food products for infants and young children after an industrial chemical was found in Chinese soybean meal, the EU executive said on Wednesday.
The European Commission proposed on Wednesday an overhaul of European Union asylum rules, saying it was necessary to fix a system that did not take enough care of refugees' needs. The 27-nation
Cypriot Foreign Minister Markos Kyprianou said on Wednesday a dispute over offshore oil exploration was damaging Turkey's efforts to join the European Union and showed Ankara was becoming unpredictable. Cyprus, an EU
The UK economy will hit a trough in the second quarter of next year and bump along the bottom before recovering in the second quarter of 2010, New Star Asset Management's economist
Britain is to strengthen the regulation of its banking system by giving the Bank of England (BoE) powers to step in as soon as a bank begins to show signs of financial
President of the Republic of Cyprus Demetris Christofias has sent a second letter to UN Secretary General Ban Ki-moon in which he protests the continuation of Turkish harassments against research vessels within
Cyprus Telecommunications Authority (Cyta) and the Syrian Telecommunication Establishment (STE) have signed a package of bilateral agreements, within the framework of their strategic cooperation. According to a press release, issued by Cyta,
