The package of economic measures which the government is proposing to the parties, social partners and Troika will be completed in a new meeting of the Cabinet on Wednesday evening. The measures
President of the Republic of Cyprus Demetris Christofias will be holding meetings in Athens on Tuesday. According to the programme for his visit, he will be holding separate meetings with Greek Prime
At least 36 people died and dozens were injured when a ferry carrying more than 120 revelers on a company outing collided with another ferry and sank near an island south
A U.S. court removed a temporary sales ban against Samsung Electronics Co Ltd's Galaxy Tab 10.1 won by Apple Inc in a patent dispute, allowing the South Korean company to
Asian shares and the euro rose on Tuesday after a surprising expansion in U.S. factory activity helped investors override concerns about weak overall global growth, and some market players said riskier assets
Greece unveiled on Monday an austerity budget which aims to unlock international aid by cutting public spending even harder, even though its economy is shrinking fast. Painful cuts will be brought forward
Greece will unveil a draft budget for 2013 on Monday which will cut deeper into public spending to impress international lenders but also prolong the economic pain of the Greek people. Athens
– Economists still see room for ECB rate cut this year Euro zone inflation accelerated in September as energy costs soared but core prices rose at their slowest pace for a year,
Unemployment in Cyprus has the third fastest rise in the EU after Greece and Spain, according to the EU Employment and Social Situation Review. The review notes that unemployment in Cyprus has
The European Parliament’s Committee on Regional Development has determined a good use of EU funds in Cyprus for regional policy but notes that expanding funding would depend on the new EU budget.
