Total loans given to non monetary financial institutions in Cyprus by end of June 2008 surged by 31.6% year-on-year to EUR 46.7 bln and 3% month-on-month from May 2008, according to the
At home, the mood on the Cyprus stock exchange continued to be affected by negative market sentiments and preparations for the summer holidays, despite the end-of-month colossal convertible bond issue by the
In the wake of Tuesday's court decision to block the closure of Turkey's ruling party, the primary question is whether policymakers will quickly go back to work, especially on the economic reform
Sanofi Pasteur, the vaccines division of sanofi-aventis Group, began shipping the influenza virus vaccine, Fluzone, in the United States for the 2008-2009 season. The first 1.3 mln doses of the vaccine began
An emergency dose of government stimulus helped the economy grow at a 1.9% annual rate in the second quarter, a soft pace but enough to take it off a path perilously close
Oil prices headed lower on Thursday, after a strong rally in the previous session ran out of steam. U.S. light crude for September was down 87 cents at $125.90 a barrel by
The citizens of Kyrenia district municipalities reiterated their wish to return to their homes, which have been under Turkish occupation since 1974, during an event held at the Kyrenia Town Hall in
US Congressman, Chairman of the Subcommittee on Europe and senior member of the House Committee on Foreign Affairs Robert Wexler has expressed his support for the decision of President of the Republic
US Ambassador to Cyprus Ronald Schlicker has said that his country’s message to both Cyprus President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat is that it supports the efforts that
Euro zone inflation jumped to another record high of 4.1% year-on-year in July as forecast, data showed on Thursday, but a bleak economic outlook may discourage a further interest rate increase this
