A number of deals designed to cure the global financial crisis were in danger of unravelling on Wednesday, with losses mounting at banks and economies showing further signs of serious deterioration. Economies
The world is not about to run out of oil, but there is a risk its reserves may not be exploited fast enough to meet global demand growth in the years ahead,
The Republic of Cyprus and the Russian Federation have signed a Protocol on Economic Cooperation to further existing ties of friendship between the two countries and to enhance cooperation in the finance,
President of the House of Representatives Marios Karoyian arrived this morning in Yerevan for a two-day official visit to Armenia, at the invitation of the President of the National Assembly of the
Cyprus Minister of Commerce, Industry and Tourism Antonis Paschalides, the Cyprus Tourism Organisation, the Cyprus Hoteliers Association and other tourist organisations believe that the impact on the tourist industry from the world
Marfin Popular Bank announced that it is delaying the planned increase in its Base rate until end of December 2008. Furthermore, the bank announced that effective November 12, 2008, it will reduce
The annual consumer price inflation rate in Cyprus fell for the third consecutive month in October, as the price of petroleum products continued to fall. The consumer price inflation rate reached 5.24%
The Statistical Service reports that on the basis of the results of the Passengers Survey, 110,199 residents of Cyprus returned from a trip abroad in September 2008 compared to 105,173 in the
Registrations of motor vehicles increased by 3.8% over the same month of the previous year in October, to 5,546, compared with 5,344 in October 2007. Registrations have been somewhat erratic this year,
The nominally communist government that was elected at the end of February 2008 held in the third quarter to the budget surplus accumulated by the previous administration. On the basis of the
