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Far-right drive for “Greek” blood bank angers medics

A drive by the far-right Golden Dawn party to get Greeks to donate blood only for their fellow citizens has outraged doctors and medical authorities, who have slammed the initiative as racist

12th July 2012
Cyprus

Jobless hits record in Greece, could rise further

Greek unemployment hit a record 22.5% in April and may keep edging higher, with even the key tourism sector unlikely to provide more than fleeting support over the summer as visitors stay

12th July 2012
Business

Greece to sell only state lottery, building

A delay of a few months in Greece's privatisation drive means the near-bankrupt country will only be able to complete the sale of its state lottery firm and a building in Athens,

12th July 2012
Business

Bank of Cyprus chief quits as gov’t tries to meddle in banks

 * Pressure from CB, Christofias for Sarris to go * Andreas Eliades, the chief executive of the Bank of Cyprus, has resigned after eight years in the job, citing a broad lack

12th July 2012
Cyprus

Greek jobless hits record, may edge higher still

Greek unemployment hit a record 22.5 percent in April and may keep edging higher, with even the key tourism sector unlikely to provide more than fleeting support over the summer as visitors

12th July 2012
Business

Nine dead, four missing in French Alps avalanche

Nine mountain climbers were killed in an avalanche near Chamonix in the French Alps on Thursday and rescue workers were searching for four others still missing, authorities said. The most deadly avalanche

12th July 2012
Business

Cyprus FinMin appoints new members to the Board of Popular Bank

Finance Minister Vassos Shiarly has proceeded on Thursday to the appointment of Nicos Hadjinicolaou and Panicos Poutziouris to the Board of Directors of the Cyprus Popular Bank. “Cyprus Popular Bank announces the

12th July 2012
Cyprus

Gov’t appoints two more to Cyprus Popular board

The Cyprus government has appointed two more board members to the recently rescued Popular Bank, raising the number of new directors to seven after injecting 1.79 bln euros and taking an 84%

12th July 2012
Cyprus

Peugeot cuts 8,000 jobs to end losses, shuts plant

French automaker PSA Peugeot Citroen (PEUP.PA) announced 8,000 job cuts and the closure of an assembly plant as it struggles with mounting losses at the core automotive division. The Aulnay plant near

12th July 2012
Cyprus

Cyprus two largest banks may need additional capital, EBA says

The two largest Cypriot banks, Bank of Cyprus and Cyprus Popular Bank, may need additional capital to reach the 9% Core Tier 1 Capital ratio, the European Banking Authority (EBA) has said.

12th July 2012
Cyprus
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