Star Alliance members, TAP Portugal and AEGEAN have decided to expand their commercial partnership, by adding new direct code-share services between Lisbon and Athens, as well as to new destinations in Greece, starting June 4th, when TAP launches direct operations between the two capital cities. These flights have already been made available for bookings through
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Industrial production fell by 2% over the year earlier in the first two months of 2011, with output in February stagnant compared with the year earlier. The main decline is in the subsector of manufacturing, which fell in February by 1.9% compared with February 2010. Meanwhile, prices of industrial products rose by 0.6% compared with
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Sales of petroleum products fell over the year earlier by 1.9% in the first quarter of 2011, with total sales amounting to 364,978 tonnes compared with 372,078 tonnes in the same period of 2010. A breakdown by consumer suggests that both high prices and cutbacks at Cyprus Airways were the main reasons. Petroleum sales filling
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Search parties scouring the sea bed off Brazil's northeast coast have recovered the second of two flight recorders from the Air France aircraft that crashed into the Atlantic in June 2009, investigators said on Tuesday. The discovery of the audio recorder, two days after the flight data recorder was fished up, brings investigators even closer
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Sony CEO Howard Stringer faced harsh criticism of his leadership after the consumer electronics conglomerate revealed hackers may have stolen the data of another 25 million accounts in a second massive security breach. Sony's latest revelation came just a day after it announced measures to avert another cyberattack like that which hit its PlayStation Network
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Workers at Japan's crippled nuclear plant began putting up equipment on Tuesday to allow the start of repairs to its cooling systems, key to bringing reactors under control after they were badly damaged in the March 11 quake and tsunami. Soldiers moved to within 10 km (6 miles) of the Fukushima complex to search for
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World stocks fell on Tuesday as investors pocketed gains after a five-session winning run, while the dollar recovered from a 33-month low, sending crude and copper prices lower. Equities have been buoyed by robust company earnings in the United States and Europe though high commodity prices, driven by U.S. ultra-loose monetary policy and turmoil in
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European Parliament Vice President Gianni Pitella said here today that he will ask EU head of External Relations Catherine Ashton to place the Cyprus talks as a priority for the EU. Pitella was speaking to the Press after a meeting he had with the President of the Social Democrats Movement EDEK, Giannakis Omirou. He said
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Candidacies for the parliamentary elections of May 22 will be submitted on Tuesday, for the 56 seats of the House of Representatives and the three seats for the religious groups of the Latins, Maronites and Armenians. Head of the Central Electoral Service and Assistant Chief Returning Officer Demetris Demetriou told CNA that today ''the candidacies
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Revenue from tourism outperformed arrivals in March, with inflows from tourism rising by 1.3% to EUR 66.4 mln compared with EUR 65.6 mln in the corresponding month of the previous year. This was a month in which tourism arrivals fell by 4.7% to 98,964. The same pattern was seen for the whole of the first
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