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Cyprus president briefly hospitalised at EU summit NICOSIA: Cyprus President Nicos Anastasiades was briefly hospitalised with high blood pressure on Thursday in Brussels after flying in for an EU summit, the government said."After prolonged nosebleeds the president of the republic was admitted early in the morning (Thursday) to a hospital in Brussels where it was found that the incident is due to high blood pressure," an official statement said.The 68-year-old Greek Cypriot leader was discharged several hours later after receiving treatment and told to stay at his Brussels hotel to be closely monitored by a doctor, government spokesman Nicos Christodoulides said.At the summit, Anastasiades had been expected to condemn the entry of a Turkish survey ship into Cyprus's exclusive economic zone where Nicosia has licensed multinational firms to explore for energy reserves.In reaction to the Turkish incursion, EU member Cyprus said it will block any new opening of chapters of Ankara's own European Union accession process.Anastasiades recently ...


UK retail sales fall in September, hit by weak clothing demand LONDON: British retail sales fell more than expected in September, adding to signs that the country's economic recovery is losing some of its pace.Retail sales volumes fell 0.3 percent on the month, their weakest performance since January, to show growth of 2.7 percent on the year, the Office for National Statistics said.Economists had expected a fall of 0.1 percent on the month and a gain of 2.8 percent on the year.An ONS official said mild ...

Spanish unemployment falls again, but economic outlook less bright MADRID: Spain's unemployment rate fell to its lowest in almost three years in the third quarter as the services and construction sectors expanded, though the central bank warned weakness abroad could weigh on the country's economic recovery.The headline jobless rate fell to 23.7 percent, data from the National Statistics Institute showed on Thursday, down from 24.5 percent in the previous quarter and below a Reuters forecast of 24.3 percent.The figure was the lowest registered since ...

French business slump deepens as firms slash prices: PMI PARIS: France's business downturn deteriorated in October to an eight-month low as firms cut prices at the fastest rate since the global financial crisis in the face of weak demand, a survey showed on Thursday.The pace of price cutting in the euro zone's second-biggest economy may feed European Central Bankconcerns as it battles to ward off deflation in the 18-nation bloc.Data compiler Markit's preliminary composite purchasing managers' index (PMI) for October fell to 48.0 from ...

Russia detains four more suspects in Total crash probe MOSCOW: Russian investigators detained four more staff members Thursday at the Moscow airport where the CEO of French oil giant Total died when his plane collided with a snow plough.Those detained include an intern air traffic controller, her supervisor, who was in charge of flights at the time, and the heads of the airport's air traffic controllers and runway cleaners. Investigators had already detained the driver of the snow plough and a court hearing on ...

Euro zone business growth unexpectedly gains pace, prices still falling: PMI LONDON: Euro zone businesses performed much better than anyone expected this month but did so by slashing prices again, and optimism about the future fell to its lowest level in over a year, surveys showed on Thursday.The growth data will provide some relief for the European Central Bank but news that firms cut prices for the 31st month, and at the steepest rate than in almost five years, will stoke fears of deflation in the ...

Polish jobless rate falls to 11.5pc in September, below forecast WARSAW: Poland's registered unemployment rate fell to 11.5 percent in September from 11.7 percent a month earlier, statistics office data showed on Thursday.Analysts polled by Reuters had expected the rate at 11.6 percent.Copyright Reuters, 2014


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln