Tourist arrivals reached 373,086 in August compared to 352,215 in the same month last year, an increase of 5.9%, according to data released by the Statistical Service Cystat. The monthly Passengers Survey showed a 6.5% year-on-year rise in tourist arrivals from the U.K. (from 127,118 to 135,424), a 11.6% increase from Russia (from 99,215 to
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Cyprus MEP Eleni Theocharous (EPP/DISY) said that the priorities of the European Parliament’s Foreign Affairs Committee are the crisis in Ukraine, as well as the worrying developments in Iraq and the establishment of the Islamic State. Addressing the first of six press briefings where the Cypriot MEPs will present their goals for the next five-year
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Former IMF chief and Chairman of LSK & Partners, Dominique Strauss-Kahn will submit proposals to the government relating to the island’s next bond issue and privatisations. Polakis Sarris, a former Undersecretary to the President, whose law firm represents LSK told the Cyprus News Agency that Strauss-Kahn held a private visit in Cyprus last week and
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SamKnows, the world leader in broadband measurement, announced the expansion of its widely successful European broadband improvement campaign. It needs the public’s assistance to help it continue making a real difference to the broadband in their countries. By signing up participants join a global SamKnows community that is working together to improve the internet services
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. This “pro business” administration has disappointed us on too many occasions, not because of ill-designed policies, but mainly for dragging its feet on critical issues and cowering to union bullies or even those at the helm of the brainless political parties. The pointless debate about taxing the retirement bonus to public servants has already
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Fastest Growing ECN Broker Asia 2014 and Best Partner Program Asia 2014 International forex broker Forex Time (FXTM) has once again been recognized as an influential player in the forex industry, winning two awards from Global Banking & Finance Review: “Fastest Growing ECN Broker Asia” and “Best Partner Program Asia”. These two awards acknowledge the
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By Jameel Ahmad, Chief Market Analyst at FXTM The Greenback unexpectedly slipped against its counterparts overnight following growing speculation that Wednesday’s FOMC statement will deliver a dovish tone, while continue to suggest that a US interest rate hike remains “a considerable time” away. While I agree the interest rate rise is still a way off,
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A new clothes collection campaign is launched by “Anakyklos”, a non-profit organisation, aiming to collect as many second hand clothes as possible, in collaboration with charity organisations, foundations and private companies. The campaign will run from October 1st to December 31st, under the slogan “All of Cyprus Collects and Contributes” and the aim is to
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August harmonised inflation in Cyprus accelerated to 0.8% compared with the 0.1% of the corresponding period of 2013 when the island was facing deflation pressures, figures released by Eurostat on Wednesday show. Compared with July, HCPI declined marginally to 0.8% from 0.9%. The Euro area average harmonised inflation remained unchanged to 0.4% compared with 1.3
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President of the Republic Nicos Anastasiades has called on everyone to cooperate in order for the country to exit the crisis, expressing the conviction that if the Memorandum of Agreement, the basis of Cyprus` international bailout, is followed strictly then the country will exit the crisis sooner than expected. He was speaking at an event
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