The Italian-Korean joint venture ENI/Kogas, operator of the natural gas exploration license for three blocks within the Cyprus offshore gasfields, have shown interest to invest in a supply train at the Vasiliko
* Gov’t task force needed now to create jobs; Vasiliko LNG plant to keep hiring until 2027 * With the appraisal well underway in Block 12 to confirm natural gas deposits and
Chancellor Angela Merkel forcefully condemned on Friday the conduct of Irish bankers who were caught on tape joking about a bailout deal and mocking Germany, saying their actions were an insult to
European leaders agreed on new steps to fight youth unemployment and promote lending to credit-starved small business on Thursday after deals on banking resolution and the long-term EU budget gave their summit
Michael Jackson's nephew and co-guardian to his three children testified on Thursday in a wrongful death lawsuit filed by the late pop star's family that the "Thriller" singer appeared happy at a
World shares touched their highest level in a week on Friday and bonds and oil rose after U.S. central bankers moved to ease fears of an early withdrawal of monetary stimulus. Upbeat
Cypriot athlete Nektaria Panayi won a gold medal in the long jump on Thursday in the 17th Mediterranean Games taking place in Mersin, Turkey. This is the second gold medal for Cyprus
Cyprus and Ukraine signed Thursday a Protocol on the occasion of their first joint session of the Intergovernmental Commission on Economic, Scientific, Technical and Industrial cooperation held in Nicosia. The Protocol was
Deposits in the Cypriot banking system in May registered a monthly drop of 2.51% to €55.92 billion compared with €57.37billion in April. According to figures released today by the Central Bank of
There is an urgent need for Cyprus economy to return to stability, House President Yiannakis Omirou said Thursday, adding that severe austerity measures without growth and creation of jobs are doomed to
