WASHINGTON, Oct 22 (Reuters) – U.S. President George W. Bush will host a summit on Nov. 15 in the Washington, D.C., area to discuss the global financial crisis and ways to prevent
Cyprus recorded a fiscal surplus of EUR537 mln or 3.5% as a percentage of its GDP in 2007, according to Eurostat. This positive development is attributed to increased public revenue. The analysis
Andrew Cahn, Chief Executive of UK Trade and Investment (UKTI), is confident that there are many ways to deepen and further promote economic and commercial relations between Britain and Cyprus. Here for
The Cyprus real estate market, based on its sturdy economy, has so far resisted the negative consequences of the global credit crunch. According to a recent survey by the Royal Institution of
Value of permits up for third straight month The number of building permits authorised in Cyprus fell for the 11th straight month in August, but the value of permits authorised was up.
After a year of rapid price increases, construction materials prices fell in September by 0.56% compared with the previous month, with the index reaching 162.54. The main fall was recorded in industrial
All nine Bank of England Monetary Policy Committee members voted for this month's globally co-ordinated 50 basis point emergency cut in interest rates, minutes of their Oct. 8 meeting showed on Wednesday.
Fears of global recession and a flight from emerging markets overshadowed signs on Wednesday that government attempts to end the gravest financial crisis in 80 years may be bearing fruit. Stocks from
Oil fell below $70 a barrel on Wednesday, pressured by a gloomy outlook for the global economy that could limit the impact of any supply cuts OPEC might agree at a meeting
PHC Franchised Restaurants Public Ltd (PHC.CY) announced that it has established a subsidiary under the name Colonell Ltd., which in turn has established a subsidiary in Greece, named Positive Eating SA (with
