. The Internet and joining the EU common market have allowed for the holiday home business to flourish in Cyprus, becoming the main driving force for the developers to build more and
. By Shavasb Bohdjalian Certified Investment Advisor and CEO of Eurivex Ltd. As the negotiations with the Troika representatives start in earnest to decide on the price tag of the bailout that
Footage showing the apparent execution of four men loyal to President Bashar al-Assad and piles of bodies of government militiamen in a police station suggest that rebels are using the same tactics
Turkey's army staged tank exercises near the Syrian border on Wednesday, media reports said, in a move highlighting Ankara's unease about security on the frontier as the conflict widens on the other
Greece's third largest lender Alpha Bank on Tuesday offered to buy local rival Emporiki from France's Credit Agricole, heralding a long-awaited consolidation in the battered sector. Alpha's announcement comes days after rival
Greece is considering issuing more treasury bills in August as one of the options to cover a funding squeeze this month, a senior finance ministry official told Reuters on Wednesday. Cash-strapped Greece
* Trade union, leftist opposition against deal * Piraeus Bank's plan to take over the healthy chunk of ailing state lender ATEbank boosted its shares on Monday as the deal will benefit
The Cyprus government aims at concluding a deal with the Russian Federation on a second bilateral loan agreement “the soonest possible”. Acting Government Spokesman Christos Christofides said the issue was “delicate” and
International lenders negotiating a bailout for cash-strapped Cyprus are likely to seek cutbacks in its public payroll and some increases in taxation, the Cypriot finance minister said on Tuesday. Officials from the
**Pharmaceuticals and electronics hold up** The index of industrial production for May 2012 fell by 9.8% over the year earlier in May 2011, with manufacturing declining by 8.4%. However, the overall index
