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India, Italy end stand-off with surprise deal on marines

Italy's surprise decision to return two marines accused of murdering two Indian fisherman followed intense negotiations over 24 hours in which Rome secured a vow from New Delhi the two would not

22nd March 2013
Business

Obama tours symbolic Israeli sites on last day of visit

U.S. President Barack Obama visited Israel's most powerful national symbols on Friday, paying homage at the Holocaust memorial and the graves of the founder of modern Zionism and assassinated prime minister Yitzhak

22nd March 2013
Business

Credit Suisse CEO pay jump to fuel banker bonus debate

Credit Suisse upped the remuneration of Chief Executive Brady Dougan by one third in 2012, likely adding to public and political dismay over the scale of banker pay in a year when

22nd March 2013
Business

Coordinated Effort of Hellenes undertakes action to inform US on Cyprus economic crisis

Overseas Greeks are undertaking an intensive effort to inform the US administration as well as parliamentarians how to better understand the economic crisis in Cyprus and America’s obligation to assist. In a

22nd March 2013
Cyprus

Cyprus woes leave shares facing worst week since Nov

European shares were heading for their worst week since November and safe-haven German government bonds were at 2013 highs on Friday, as Cyprus scrambled to avoid a meltdown of its banking system

22nd March 2013
Cyprus

From Russia with NO love: Cyprus finmin returns empty-handed

Cyprus Finance Minister Michael Sarris returns home empty-handed on Friday afternoon, having failed to persuade Russian lenders to extend a 2.5 bln euro facility that expires in 2016, in a desperate attempt

22nd March 2013
Cyprus

Bailing out Cyprus was always going to be tricky

ΤΗΕ EURO-ZONE CRISIS Just when you thought it was safe… Bailing out Cyprus was always going to be tricky. But it didn’t have to be like this Even by the standards of

22nd March 2013
Cyprus

German finance minister sceptical at Cypriot proposal-paper

German Finance Minister Wolfgang Schaeuble expressed his scepticism at the Cypriot government's proposal for raising billions of euros during a meeting of Germany's coalition parties on Thursday afternoon, newspaper Bild reported. Citing

22nd March 2013
Cyprus

Cyprus court finds Hezbollah member guilty in Israeli plot

A court in Cyprus on Thursday convicted a Hezbollah member of plotting against Israeli interests on the island in a verdict likely to increase pressure on the European Union to declare the

22nd March 2013
Business

Cyprus risks euro exit after EU bailout ultimatum

– ECB says to cut off bank funds without bailout deal by Monday  – Finance minister discussing banks, energy deals with Russia  – Cypriot govt proposes "solidarity fund", capital controls    The European

22nd March 2013
Cyprus
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