One of Cyprus's most senior civil servants has likened his country's treatment by Germany and the IMF to the shooting of a pigeon with an atomic bomb, saying they had destroyed an
Cyprus President Nicos Anastasiades will announce Friday a scheme aiming at hiring Cypriot employees at the tourist industry, Minister of Commerce, Industry and Tourism Giorgos Lakkotrypis has said. President Anastasiades is scheduled
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.
World stocks and oil prices edged back up on Friday but remained on course for one of their worst weeks of the year following a sell-off triggered by global economic growth concerns.
Police descended on a Boston suburb amid reports of gunfire and explosions shortly after a university police officer was shot dead on the MIT campus Thursday night, touching off a manhunt in
Britain's top share index advanced on Friday, recouping a fraction of recent steep losses caused by global growth concerns, with some investors looking for bargains in a market that is likely to
Charles Ellinas, Chairman of the Cyprus National Hydrocarbons Company (KRETYK) and Solon Kasinis Vice President of KRETYK said on Thursday that Cyprus will become an energy hub, capable of covering a large
The outlook for Greece's banking system remains negative, unchanged since 2010, Moody's Investors Service said in a new report, due to the stressed operating environment, combined with still-high sovereign exposures that will
Two senior Russian officials warned political leaders on Thursday against rushing into more spending to stimulate a struggling economy at the risk of higher inflation. Russia's $2.1 trln economy expanded by just
Italy's parliament failed to elect a new state president in the first two votes on Thursday, with a centre-left rebellion against leader Pier Luigi Bersani torpedoing his official candidate and prolonging political
