Motor vehicle registrations in Cyprus have taken an erratic path this year, making it difficult to assess the overall trend. Registrations have fallen in some months have risen at double digits rates
Retail trade in Cyprus remained buoyant in July, according to provisional figures for that month. The turnover volume index of retail trade for July 2008 rose by a provisional 10.1% compared with
Tourist arrivals in Cyprus fell for the third straight month in September. On the basis of the results of the Passengers Survey, arrivals of tourists fell by 3.2% year on year to
Minister of Finance Charilaos Stavrakis has slashed the GDP growth estimate for 2009 from 3.7% to 3.0% as a result of the global economic crisis and the financial meltdown. The previous 3.7%
Turkey's election as a non permanent member of the UN Security Council is an absurd decision, Cyprus House President Marios Garoyian had said here Saturday. Expressing his disappointment, Garoyian added that “
The German government has set strict conditions for banks planning to tap into its 500 billion euro rescue package, including limits on manager salaries, according to a draft of the law seen
China's economic growth rate slipped into single digits in the third quarter for the first time in at least four years under the impact of the global credit crisis and weakness in
The International Monetary Fund is prepared to give Ukraine up to $14 billion to help stabilise the country's financial system, a senior Ukrainian official said on Friday, as it sought to cool
The financial crisis is a defining moment for the world economy and there must be global solutions to end it, British Prime Minister Gordon Brown wrote in The Washington Post on Friday.
The Inland Revenue Department announced that total revenue during the period January – September 2008 advanced by 4.1% yoy to EUR 1.5 bln. The marginal improvement is primarily attributed to higher revenue
