The European Commission today proposed to establish a special "facility for rapid response to soaring food prices in developing countries". The fund would be worth €1 billion and would operate for two
Commercial Value SA, a member of Aspis Group, announced that on July 17, 2008 it lodged an appeal to the Nicosia District Court against CySEC’s decision to impose a fine of EUR100,000
The Board of Directors of Laser Investment Group Plc announced that after several presentations to organizations abroad, it has identified and is engaged in talks with two international organizations in an effort
Cyprus will face Portugal on July 18-20 for the second group of the Davis Cup. The five matches, four singles and one double, will be held in Porto. Cyprus is entering this
President of the Republic of Cyprus Demetris Christofias has said that during the meeting he will be having on July 25 with Turkish Cypriot leader Mehmet Ali Talat they will be reviewing
United Nations Secretary-General Ban Ki-moon has appointed Alexander Downer, Former Minister for Foreign Affairs of Australia, as his Special Adviser on Cyprus. Described by the UN as a “highly respected diplomat”, Downer
Construction output accelerated in the first quarter of 2008, according to provisional figures from the Statistical Service. The production index in construction rose by 7.5% over the 1st quarter 2007, compared with
After two months of decline, tourism arrivals in Cyprus finally recorded a decent increase in June, with the number rising by 8.8% to 307,237 in June 2008, compared with 282,465 in June
House prices in Cyprus held up in the second quarter compared to other European markets and despite worsening global and local economic conditions, according to the latest quarterly BuySell Home Price index.
CYTA the state-owned telecom of Cyprus plans to spend EUR 50 mln in new investments as part of its expansion drive into Greece, CYTA Chairman Stavros Kremmos said during the presentation of
