Euro area annual inflation is expected to increase to 2.7% in September 2012, from 2.6% in August. According to flash estimates from Eurostat, the statistical office of the European Union, energy (9.2%
* Cyprus seeks 15 bln euros from EU; 5 bln from Russia * Russia said on Friday it would only grant a bailout loan to Cyprus as part of a coordinated rescue
The Central Bank of Cyprus announced Friday that PIMCO and Deloitte will proceed with an independent due diligence exercise of the local banking system, which includes an asset quality review and a
The Cyprus Natural Gas Company (DEFA) issued tenders on Friday for the import of natural gas up to September 2018, after which Cyprus hopes to tap into its own gas supplies resulting
The Central Bank of Cyprus announces that, at the request of the Troika, it is proceeding with an independent due diligence exercise of the Cypriot banking system, which includes an asset quality
The U.S. Cyber Command's top intelligence officer accused China on Thursday of persistent efforts to pierce Pentagon computer networks and said a proposal was moving forward to boost the cyber command in
President Francois Hollande puts his fiscal credibility on the line on Friday when he delivers France's toughest budget in 30 years in the face of a stagnant economy, record unemployment and plunging
Billionaire financier George Soros has committed $1.5 million to "Super PACs" backing President Barack Obama and Democrats running for Congress in the Nov. 6 election, officials with those groups said on Thursday.
A plan to build the world's tallest Ferris wheel on New York's Staten Island, offering sweeping views of the Manhattan skyline, could hold the answer to a long-elusive goal: putting the most-overlooked
Tourism is the hope and the "heavy artillery" of the Cypriot economy, the President of the Cyprus Tourism Organisation (CTO) Alekos Orountiotis has said. Orountiotis was speaking during a meeting with the
