Cypriots banks reopen on Thursday with tight controls imposed on transactions to prevent a run on deposits after the government was forced to accept a stringent EU rescue package to prevent the
Yiannis Kypri, the Chief Executive Officer of the Bank of Cyprus, was dismissed by the Central Bank on Wednesday with an administrator taking over the restructuring of the island’s largest lender. The
The Electricity Authority of Cyprus will reduce the cost of electricity a further 3%, in addition to the scheduled reduction of 5.75% that will be in place from the 1st April. The
Cyprus's central bank has fired the Chief Executive Officer of the Bank of Cyprus , an official at the island's largest commercial lender said on Wednesday. It follows the appointment of a
The euro fell to a four-month low against the dollar and German government bonds climbed to their highest in three weeks on Wednesday, as the implications of the Cyprus bank bailout deal
– Students, bank workers stage protests – Minister says capital controls to last weeks – Banks remain closed until Thursday Cyprus is expected to complete capital control measures on Wednesday to prevent
Britain's government said household energy bills were headed for an 18 percent increase by 2020 but its policies promoting domestic energy efficiency, including its so-called Green Deal, would make the rise significantly
An earthquake with a magnitude of at least 6.1 shook Taiwan on Wednesday, official agencies said, but there were no immediate reports of casualties or damage. The U.S. Geological Survey registered the
The chaos and uncertainty following Italy's parliamentary election last month is compounded by the imminent retirement of the one man who has any chance of solving the crisis, President Giorgio Napolitano. A
Belgian chocolate makers believe their renowned pralines should have similar protection to that enjoyed by French champagne or Italy's Parma ham. They want the term "Belgian chocolate" to be their exclusive preserve
