The Eurogroup, the Finance Ministers of the Euro area have accepted Cyprus` application for financial assistance from the EU bailout mechanism, Cyprus Finance Minister Vassos Sharly said on Wednesday, following a Eurogroup
* Heads for 10 bln Troika bailout; Can't pay civil servants, refuses to implement austerity * The government of Cyprus is expected to run out of public funds to pay its civil
Bank of Cyprus, the island’s largest lender, said it will apply for temporary state capital support of 500 mln euros ($623.6 mln) to meet an end-June deadline to bolster its regulatory capital.
Gunmen rammed a van packed with gas canisters into Microsoft's Greek headquarters in Athens and then set the vehicle on fire, causing damage but no injuries, police said on Wednesday. At least
European shares surrendered most of their early gains on Wednesday, with cyclical shares losing ground, as expectations grew that this week's European Union summit will not deliver bold steps to resolve the
The US is not making any additional commitments, as far as the IMF is concerned, White House Press Secretary Jay Carney has said. Asked if there is any concern that IMF commitments
The Cyprus Telecommunications Authority (Cyta), the major telecommunications provider on the island, with half a century’s presence, has assured that it will provide efficient services during the six-month Cyprus EU Presidency. These
The amount Cyprus will be asking as financial assistance from the EFSF/ESM has not yet been determined, according to Cyprus Finance Minister Vassos Shiarly, who has said that the size of the
The island of Cyprus is not for sale, President of Cyprus Demetris Christofias, underlined Tuesday, replying to a question after today’s meeting with the political parties on the economy. “Cyprus island is
Holders Spain will be given their sternest Euro 2012 test yet against Iberian rivals Portugal and their in-form forward Cristiano Ronaldo in the first semi-final later on Wednesday. All eyes will be
