Cyprus retail sales drop at a slower pace in January

Source: RTT News
Retail sales in Cyprus declined significantly in the month of January, however, the pace of the decline was slower than a month before, the nation's statistical office reported on Friday. The report showed that retail sales in volume terms decreased 27.6% on a monthly basis compared to a 28.3% fall the month before, while on an annual basis the retail sales slipped 6.2% in January, more than December's 5.5% drop.
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Fri, 22 Mar 2013 18:16:15 GMT

Norway's jobless rate remains flat at 2.7% in March

Unemployment in Norway stayed flat in the month of March remaining at the same level for the third month in a row, data released by employment research agency NAV unveiled on Friday. The data said the jobless rate was in line with economists' expectations at 2.7% in March, however there were 1,200 more unemployed people in the same month. The

Fri, 22 Mar 2013 18:05:09 GMT

Euro gains on speculation Cyprus will reach a deal soon

The Euro advanced by 0.7% to $1.2990 at the midday trading session in New York on Friday. The currency reached a 1.30 benchmark for the first time this week, as investors traded positively on speculation that Cyprus is getting closer to an international agreement, which will help to avoid a financial collapse.

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