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Russia’s Putin rules out trade war with EU over Gazprom

Russian President Vladimir Putin on Sunday dismissed any talk of a trade war with Europe over a European Commission competition investigation into state-controlled gas monopoly Gazprom. "We have very warm, constructive relations.

10th September 2012
Cyprus

Russia’s VTB may boost capital with new shares in 2013

Russia's second-largest lender VTB may carry out an extra share issue in 2013 to prop up its capital after prospects for such an issue this year had evaporated, Chief Executive Andrey Kostin

10th September 2012
Cyprus

Can Israel surprise Iran? Maybe not, but could still strike

Prime Minister Benjamin Netanyahu's cancellation of a security cabinet session on Iran following a media leak last week laid bare a conundrum long troubling Israeli strategists: could they count on any element

10th September 2012
Cyprus

Cyprus’ loan request is still being processed, Russian Finance Ministry says

Cyprus’ request for a state loan from Russia is being processed in technical consultations taking place between the Finance Ministries of both countries and the matter will take time to conclude, Russian

10th September 2012
Cyprus

Turkey cannot control the European institutions says Minister of Defence

Turkey cannot control the European institutions and its audacity and arrogance are certainly not accepted by EU institutions Defence Minister Demetris Eliades said Sunday during a speech at a Memorial Service for

10th September 2012
Cyprus

Cyprus and France can further cooperate in the fields of economy and natural gas, says French FM

Cyprus and France can further cooperate in areas such as the economy and natural gas, French Minister of Foreign Affairs Laurent Fabius has said. In statements he made to the press on

10th September 2012
Cyprus

Alonso enjoys a ‘perfect’ Sunday in the park at Monza F1

Ferrari's Fernando Alonso finished only third in the Italian Grand Prix but the Formula One leader declared it a "perfect Sunday" drive in the park, after extending his overall lead against the

9th September 2012
Cyprus

Obama courts Florida voters over Medicare, space policy

President Barack Obama defended his policy on outer space and warned seniors that Republicans would raise their healthcare costs during a campaign stop on Sunday in Florida, where he is seeking to

9th September 2012
Cyprus

France plots tax hikes of up to 20 bln euros

French President Francois Hollande could outline 20 bln euros in tax hikes and may lower the country's growth forecast forecast for 2013 to a maximum of 1% when he speaks on national

9th September 2012
Business

Britain says gas finds can help heal Cyprus split; more EU sanctions on Iran

Britain said on Friday it hoped the discovery of valuable gas fields around Cyprus would eventually help unite the island's ethnically-divided communities, after decades of diplomacy had failed to clinch a peace

7th September 2012
Cyprus
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