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By Peter Stevenson MEMBERS of Volunteer Doctors Cyprus have treated around 350 people at their free clinic in Nicosia since it opened three months ago, while two more, one in Paphos and one in Polis are due to open today. Limassol also has a free clinic, which was opened only last month, and plans have been drawn ...
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SOME 10 days ago, foreign minister Ioannis Kasoulides raised expectations by announcing the possibility of a deal with Turkey for the opening of the fenced off area of Famagusta, for the return of its inhabitants. In exchange the Cyprus government would agree to the opening of Tymbou airport to direct flights. ...
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By George Psyllides PRIVATE auditors have expressed doubt the electricity authority (EAC) could be considered a going concern and have asked its board to draft a credible plan to tackle the problem, according to the auditor-general’s 2012 report on the semi-state company. Among other issues, ...
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Cyprus Internet Directory [ Fed's Rosengren sees GDP growth in late '09 ]

Fed's Rosengren sees GDP growth in late '09

Fed's Rosengren sees GDP growth in late '09
June 29, 2009 - Reuters

U.S. gross domestic product growth is likely to resume in the second half of this year but the U.S. labor market should lag any such improvement, the president of the Federal Reserve Bank of Boston said on Monday.

"GDP is expected to start being positive in the second half of this year, the unemployment rate is likely to lag, so that the peak in the unemployment rate is likely to be sometime early next year," Eric Rosengren told reporters on the sidelines of an economic conference in Brussels.

(Source: Financial Mirror,

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