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CYPRUS: Trade Unions meet to discuss austerity measures

The three main Trade Unions are meeting on Friday with President of the Republic Demetris Christofias in the context of a dialogue with social partners on the government’s counterproposals to the Troika

12th October 2012
Cyprus

Germany: Europe is not the source of all problems

Greece, Spain and the euro zone's slow progress toward debt reform took centre stage at IMF meetings on Friday despite Europe's best effort to remove itself from the spotlight. The International Monetary

12th October 2012
Business

GLOBAL MARKETS – Euro steady around $1.2925, dollar index flat

Asian stocks and the euro steadied on Friday, but were on course for a losing week as worries about weak corporate earnings and slowing global economic growth limit the appeal of riskier

12th October 2012
Business

‘Shamoon’ virus most destructive yet for private sector, Panetta says

The "Shamoon" virus that attacked Saudi Arabia's state oil company, ARAMCO, was probably the most destructive attack the business s e ctor has seen to date, U.S. Defense Secretary Leon Panetta said

12th October 2012
Business

Indonesia’s Bali recalls horror of bombs 10 years on

Worshippers at the Ar-Rahmat mosque in the Indonesian town of Kuta have prayed every night for the past 10 years for the victims of bombs that blew up in their tourist town

12th October 2012
Cyprus

Europe launches Friday two more Galileo satellites

Europe launches Friday Galileo`s third and fourth satellites, thus offering more benefits to Europe and its citizens. A European Space Agency official told CNA that Galileo will bring many benefits for Europe’s

12th October 2012
Business

TECH: Astronomers discover unimaginably large diamond in space

Astronomers have discovered a planet twice the size of Earth made largely out of diamond which is orbiting a star that is visible with the naked eye. The rocky planet, called '55

11th October 2012
Business

EUs Van Rompuy warns Cameron over sensitive budget issues

The European Union's top official fleshed out his ideas for a separate budget for euro zone countries on Thursday, and indirectly warned British Prime Minister David Cameron about using the proposal for

11th October 2012
Business

CYPRUS: CB Governor and FinMin at IMF and World Bank meeting in Tokyo

Minister of Finance Vassos Shiarly and Governor of the Central Bank Panicos Demetriades are participating in the annual meeting of the International Monetary Fund (IMF) and the World Bank, which is taking

11th October 2012
Cyprus

POLL: More Germans want Greece in euro zone than out

For the first time in more than a year, more Germans think Greece should stay in the euro zone than want it to leave, a poll showed on Thursday, two days after

11th October 2012
Business
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