Oil falls to $112 after storm moves on

Oil prices fell to around $112 on Tuesday after a tropical storm in the Gulf of Mexico avoided oil and gas installations. U.S. crude was 54 cents lower at $112.33 a barrel

Greek Deputy Foreign Minister visits Cyprus

Greece’s Deputy Foreign Minister Theodoros Kassimis will attend a meeting of overseas Cypriots, who gather annually on the island to discuss various issues that concern them, in particular the question of Cyprus.

Cyprus tourism revenue rebounds in June

After three months of decline, revenue from tourism in June 2008 rebounded by 10.7% over June the previous year to reach EUR 229.6 mln. Tourism arrivals in the same month also rebounded,