. Corporate Governance: Cyprus’ Disastrous Experiment By Petros Florides Cyprus has found itself on the brink of economic collapse due mainly to decades of bad governance in both the public and private
The wrecked Costa Concordia cruise ship could be upright again, nearly two years after the liner capsized and killed at least 30 people off the Italian coast, but Salvage engineers pushed back
The Central Bank of Cyprus and its Governor Panicos Demetriades have come under harsh criticism from political parties for the delay to approve two of the new board members elected by shareholders
Angela Merkel's allies swept to victory in a state election in Bavaria on Sunday, regaining the absolute assembly majority they lost in 2008 and providing a show of conservative strength for the
Asia's new mega-casinos are driving sales and innovation in advanced surveillance technology, from chips with built-in radio transmitters to high-definition, multi-lens, digital cameras that can scan huge gaming floors and catch the
Lawrence Summers, a former top economic aide to President Barack Obama and a Treasury secretary under President Bill Clinton, withdrew his name from consideration to succeed Ben Bernanke as Federal Reserve chairman
The U.S. dollar slid while bonds and shares rallied in Asia on Monday after news Lawrence Summers had dropped from the race to head the Federal Reserve promised to prolong the lifetime
Eurozone Finance Ministers endorsed on Friday the disbursement of the next tranche of financial assistance of €1.5 bln to Cyprus, expected by the end of September. In a statement on Cyprus, the
The Board of Governors of the European Stability Mechanism (ESM) approved in Vilnius on Friday the updated Memorandum of Understanding for Cyprus, which clears the way for the disbursement of €1.5 billion,
Cyprus recorded the largest decrease in employment both quarterly and annually, in the second quarter of 2013, according to data released Friday by Eurostat. The number of persons employed also decreased in
