The Lebanese Ministry of Telecommunications (LMoT) and the state-owned Cyprus Telecommunications Authority (Cyta) have agreed to share capacity on Cyta’s Alexandros cable subsystem between Cyprus–Egypt–France, thereby creating reciprocal Eurasia and Eastern Mediterranean
It's the green-hued fuel that has fired flights of poetic fancy since the 1800s, but now the European Union is examining whether to change how absinthe is defined. The intensely alcoholic spirit,
Former Barclays chief executive Bob Diamond is set to be paid about 2 million pounds ($3 million) in July, a year after he left the bank following its Libor interest rate rigging
An unspecified number of former managers of Greek state utility PPC were charged with breach of duty on Friday for commissioning a power plant that lost the company about 100 million euros
A former policeman and an ex-prison officer admitted on Friday to selling information to the Sun, a British tabloid newspaper owned by Rupert Murdoch, in the first guilty pleas to come out
The Cyprus economy is a small one but the systemic risks may not be small, European Central Bank Governor Mario Draghi has warned. “What I can say is that there is good
A delegation of the Finance Committee of the German Bundestag is going to visit Cyprus in April, following the visit of the Committee of Economics and Technology from 6-8 March and its
World shares hit their highest level since June 2008 and the dollar touched a fresh 3-1/2-year high against the yen on Friday, ahead of U.S. jobs data expected to point to a
Norway's $710 billion sovereign wealth fund continued to shift away from Europe at the end of last year as the continent's economies struggled, buying into key Asian and emerging markets instead, it
The outlook for the Austrian banking system remains negative, Moody's Investors Service said, adding this is unchanged from 2009 and reflects a weakening operating environment in Austria, amidst recessionary trends in Europe
