The property slump in the Paphos region may lead to 62% of all those employed in the construction industry in the region to lose their jobs, according to the findings of a report prepared by the Association of Paphos Property Developers as a result of lower construction activity. According to the Chairman of the Association
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President of the House of Representatives and Democratic Party leader Marios Garoyian has pointed out the necessity for unity, based on the principles and rights of the people of Cyprus and the Republic of Cyprus, as an EU member state. Speaking on Sunday in London at a dinner hosted in his honour by the National
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China's Premier flies to Europe on Tuesday bearing vows of support for its crisis-rattled economies, in a bridge-mending visit that shows Beijing's potential to use its financial muscle for diplomatic sway. Premier Wen Jiabao travels there during China's big Spring Festival holiday and his diplomats have said his seven-day "journey of confidence" will sprinkle agreements
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By Ellen Wulfhorst It's always the economy, stupid. Whether President Barack Obama enjoys one term or two in the White House will depend overwhelmingly on the state of U.S. pocketbooks. With a daily stream of gloomy economic data, Obama has said he must act quickly to rescue the economy from the worst turmoil in decades.
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(Reuters) Chinese Premier Wen Jiabao will travel to Europe from Tuesday for a week, and fighting the global financial crisis will be a top issue. Here are some facts about his visit and China-Europe relations. Wen will first travel to Switzerland and the World Economic Forum in Davis (Jan. 27-28), followed by Germany (Jan. 28-29),
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Japan's Nikkei stock average hit a nearly three-month closing low in thin trade on Monday, sliding 0.8 percent on earnings concerns after Komatsu Corp issued a profit warning and the dollar pared gains against the yen, sinking exporters. The closing low of 7,682.14 was the lowest since Oct. 28, when the benchmark Nikkei briefly fell
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British house prices fell by 1.0 percent in January and are 9.4 percent lower than a year earlier, property analysts Hometrack said on Monday in their monthly survey of estate agents. "Purchasers remain few in number and cautious — some agents have reported potential buyers extending rental contracts for another six months to sit out
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The members of six Czech first division football teams will be arriving in Cyprus over the next few days to complete their training programme, in view of the spring season Czech championship. The footballers are expected to stay in different areas of Cyprus until February 14, according to a veteran Czech footballer Zdenek Koukal, who
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Mayor of Nicosia Eleni Mavrou signed an agreement for the construction of a new sewerage treatment plant in Mia Milia, a village in the Turkish occupied areas. Mavrou told CNA that the agreement provides for the procedure for the construction of the plant, the cost, the sharing of the sum and management. She added that
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Now is a good time to enjoy fish The drawing that graces this article may take older readers back to the time when you could sit by the seaside in Cyprus with hardly a tourist in sight and watch the fisherman bring their catch in to the taverna, where after a modest wait the mullet,
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