Former Italian Prime Minister Silvio Berlusconi said on Tuesday he was ready to drop plans to lead the centre-right in next year's parliamentary election and did not rule out a second term
Greece will miss the five-year debt reduction target that underpins the country's 130 billion euro bailout, according to forecasts released by on of its main lenders on Tuesday. In its fiscal monitor
**Talks of monetisation “premature” ** Cyprus will have a liquefied natural gas (LNG) plant by 2019, according to the Minister of Commerce, Nicos Sylikiotis, speaking at the Economist Conference in Nicosia on
Japan and South Korea will not renew a $57 billion currency swap facility designed to protect their economies against financial crisis, a decision they said was not related to a territorial dispute
A brain-eating amoeba has killed at least 10 people in Pakistan's most populous city since May, a World Health Organization official said on Tuesday. Naegleria fowleri has a fatality rate of more
International lenders are considering giving Greece two more years to reach its budget deficit reduction targets, and the extra time could be financed without more money from the euro zone, Greek Finance
Asian shares rose on Tuesday but gains were moderated by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings. The MSCI index of
Euro zone finance ministers launched their permanent 500 billion euro bailout fund on Monday but said Spain, the country widely expected to be first to draw on it, was taking steps to
**But civil engineering racks up prices** The construction sector recorded its steepest fall on record in the second quarter, with the production index dropping by 25.9% over the same period of 2011,
The Statistical Service of Cyprus (CYSTAT) received the “Innovation award 2011 for the public sector” on October 3 for the innovative Cyprus Blaise Integrated Census System (CY-BICS) which was developed for the
