Italian centre-left wants Prodi for president

Italy's main centre-left party chose former Prime Minister Romano Prodi as its presidential candidate on Friday, igniting a battle with Silvio Berlusconi's centre-right that increases the likelihood of a snap election in

Commission: Cyprus slow to absorb EU funds

The rate of absorbency of EU funds by Cyprus was lower than the average for the EU, according to the European Commission`s Strategic Report on the implementation of 2007-2013 Cohesion Policy programmes.