The Vatican bank is checking the account of every client including Holy See employees, its new chief said, in a campaign to root out any money-laundering at an institution prone to scandals
MOKAS’s head ‘very important and decisive’ response as regards the Liberty Reserve case was ‘well founded’, Government Spokesman Christos Stylianides has said. Stylianides, who was replying to a question on the matter
Cyprus unemployment climbed to 15.6% in April, compared to 11.2% in March, Eurostat data published on Friday show. In absolute numbers that translates to 71,000 people. According to Eurostat data, average unemployment
British travel firm TUI Travel agreed to buy 60 mid-range Boeing jets with an option for 90 more, moving to make its fleet more fuel-efficient and delivering the U.S. planemaker a big
Cyprus is poised for deeper austerity in 2014, in a bid to cope with the contraction of the economy expected to be sharper than the 8.7% of GDP projected in a €10
OPEC oil exporters, basking in the market's equilibrium, were on course to leave output policy unchanged on Friday as oil held around the group's preferred level of $100 a barrel. Oil ministers
The U.S. dollar climbed off a three-week low and share markets were volatile on Friday, as unexpectedly weak U.S. economic data dampened expectations of a early scale back of Federal Reserve stimulus.
German Professor/researcher, Heinz Richter, said on Thursday that it time to put an end to some wrong perceptions that exist in Germany regarding the banking sector in Cyprus and the way the
A dinner, hosted by the UN on Thursday for President of the Republic Nicos Anastasiades and Turkish Cypriot leader Dervis Eroglu, went well, the President has said. He also said that right
Defense Secretary Chuck Hagel said on Friday that cyber threats posed a "quiet, stealthy, insidious" danger to the United States and other nations, and called for "rules of the road" to guide
