The number of building permits authorized by the municipal authorities and the district administration offices, during the period January – September 2008, marked a decrease of 10% compared to the corresponding period
Tourist arrivals in Cyprus recorded a decrease of 0.6% in the period January – October 2008 compared with the corresponding period of 2007. According to the latest data published here today by
A broad economic stimulus bill, which President-elect Barack Obama wants the U.S. Congress to pass promptly, is not likely to be approved by the Senate during its short legislative session this week,
Oil fell towards $56 a barrel on Monday after a meeting of the Group of 20 major economies ended with few concrete proposals on dealing with global recession. News that the Organization
The Cyprus cabinet, meeting under the auspices of President Demetris Christofias announced an “aid package” amounting to EUR 52 mln support the construction and tourism industries, so that they are not affected
Alliance International Reinsurance Public Company Ltd (ALL.CY) announced that following the acquisition by Flagstone Re., the international insurance rating agency A.M. Best has upgraded the financial strength rating (FSR) of the Company
Aspis Holdings Public Company Ltd (ASP.CY) announced that the Company’s Board of Directors will convene on Wednesday, November 26, 2008 at 4.00 pm to examine the consolidated financial statements for the 9-month
Cyprus President Demetris Christofias will sign a total of seven agreements with Russia during his visit to Moscow in what the government has described as “a very important visit” to Russia that
President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat are meeting in Nicosia on Monday, in the framework of direct negotiations held since early September under
The U.S. economy is in recession and will contract at a faster pace in the fourth quarter, extending the decline into early 2009 as high unemployment crimps consumer spending, a survey showed.
