The flash estimates for the Services PMI, Manufacturing PMI and Composite PMI for the euro area plummeted to a two -year low in September. The services PMI dropped from 58.0 in August to 54.0 in September. This is the weakest reading since August 2005 and represents the biggest one-month fall since the survey began in
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The European Commission today launched a new website, http://ec.europa.eu/enterprise/admin-burdens-reduction, to enable entrepreneurs to suggest ideas for how to reduce the administrative burdens they face. Together with the launch of the online consultation European Commission Vice-President Günter Verheugen also announced that a contractor has been entrusted with measuring the administrative costs arising from European legislation and
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A shipment of euro coins has arrived from Finland and was transported from Limassol port to Nicosia under heavy police security.Local press reports said the shipment comprised 12 containers and these contained a total of 1 million euros in cents, part of the 395 million coins that will come into public circulation when Cyprus switches
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Cyprus, as a member of the European Union, plays an important role as a bridge of communication between the EU and countries of the wider region, said here Tuesday Iranian Ambassador to Cyprus Alireza Bigdeli. He was speaking after being received by Acting President of the Republic and President of the House of Representative Demetris
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Cyprus Airways have announced the launching of 42 additional aller – retour flights from Larnaca to Jeddah, Saudi Arabia, to facilitate Muslim pilgrims traveling to the Islamic holly city of Mecca.Around 13,000 Muslims from all over Europe will travel to Mecca for their annual pilgrimage via Cyprus. The Cyprus Airways extra flights will commence December
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Hellenic Bank (HB) announced that the additional shares resulting from the dividend reinvestment scheme of the Bank will be allocated at a 12% discount on the basis of the share’s average closing price between 10 and 14 September 2007, that is CYP 2.52 (EUR 4.32) per share. The last day of acceptance for the exercise
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Government Spokesman Vassilis Palmas said on Wednesday that there was a possibility for a new meeting between President Tassos Papadopoulos and Turkish Cypriot leader Mehmet Ali Talat in October, with the implementation of the 8 July 2006 agreement on the agenda.Commenting on remarks by UN Secretary General Ban Ki Moon in his annual report to
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Leaders and representatives of Greek Cypriot and Turkish Cypriot parties reiterated Wednesday their support of the content of 8 July Agreement and to the efforts of the UN and the leaders of the two communities in Cyprus for progress in the procedure aiming at the earliest possible commencement of negotiations for a comprehensive solution of
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Cellular One from Dobson Cellular Systems, a subsidiary of Dobson Communications Corporation and Ericsson announced they have signed two contracts for hosted multimedia services: AnswerTunes, a ring-back tones service and content downloads.AnswerTunes allows Dobson customers in more than 70 wireless markets to choose from a catalogue of thousands of songs to replace the traditional ring
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Motorola, Inc. announced that it reached another milestone in the enterprise mobility market by selling its 100,000th wireless LAN (WLAN) switch, the most by any vendor in the market. Motorola — through its acquisition of Symbol Technologies — is an innovator and pioneer in the WLAN market with many industry firsts, including the wireless switch.
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