Russian bank deposits in Cyprus, the root cause of Germany’s resentment to bail out the island’s economy, are estimated at about 32 bln dollars, half of which are deposited with Russian subsidiary
* 12 EU members to lose 1 seat each, Germany gives up 3 * With Croatia joining the European Union this year, it will be entitled to 12 seats in the European
Grant Thornton International, one of the world's leading organisations of independent assurance, tax and advisory firms, announced record combined global revenues of US$ 4.2 bln driven by 10.4% growth in US dollar
Cyprus President Nicos Anastasiades suggested everybody to be patient concerning developments in the economy, noting that “hard work brings good results”. In a brief statement, while exiting the Presidential Palace, in Nicosia,
The government is working non-stop in order to successfully conclude negotiations for a rescue package, Government Spokesman Christos Stylianides said, ahead of a European Council and a Eurozone leaders Summit. In a
The growth and profitability of services sector companies, the backbone of the Cyprus economy, is directly related to the international development of their business and promotion in different markets, which is why
Tesco Plc, Britain's biggest grocer, said on Tuesday it withdrew its line of frozen meatloaf after it tested positive for between 2 to 5 percent horsemeat. The company said it pulled from
New Mickey Mouse cartoons will come to TV this summer when the Disney Channel premieres a series of short cartoons featuring the comic antics of the 85-year-old children's character with contemporary touches.
In a return to the national political stage, former German Chancellor Gerhard Schroeder criticised his successor Angela Merkel for failing to build on his welfare reforms and raising Berlin's euro zone crisis
Legislation on tax avoidance going through Britain's parliament will not address the kinds of corporate tax minimisation that are of the greatest concern to the public, a parliamentary committee said on Wednesday.
