Here's a nightmare for Europe's leaders to ponder as they prepare for yet another summit to tackle the euro zone crisis: a bond auction fails in Spain, spreading solvency worries to Italy
IMF`s Managing Director Christine Lagarde said on Wednesday the Fund stands ready to join the efforts of the EU member states to assist Cyprus in facing its economic challenges, adding that IMF
Cyprus Embassy to Iran and Cyprus Tourism Organization`s Middle East and Persian Gulf Office organized last Sunday a workshop in Tehran with the purpose of promoting Cyprus` tourist product. An official press
The Cypriot EU presidency is prepared to face all scenarios as regards any Turkish attempt to disorientate Nicosia from exercising its six monthly rotating presidency of the Council of the EU, which
The Eurogroup welcomed Wednesday the request of the Cypriot authorities for financial assistance from euro area Member States in view of the challenges that Cyprus is facing, in particular due to distress
Education is the most effective defence against the global financial crisis, House of Representatives Yiannakis Omirou has said. Omirou who was addressing the graduation ceremony of University of Cyprus on Wednesday evening
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
