The European Union said it will honor its commitments to Greece in an effort to make sure it remains within the euro area but said Athens too must meet its obligations to
The International Monetary Fund will not return to Greece to review its loan program before Athens holds fresh elections on June 17, an IMF official said on Thursday. "We take note that
The Cyprus government decided Thursday to fully underwrite a 1.8 bln euro preference rights issue by the Popular Bank, which the island’s second largest lender said will help “recapitalise the bank through
Greek savers may be gripped by a "great fear that could develop into panic" in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain,
A Greek exit from the euro zone could expose the European Central Bank and the currency bloc it seeks to protect to hundreds of billions of euros in losses, landing Germany and
André Alves's early goal ensured that Omonia retained the Coca-Cola Cup in Cyprus, though newly-crowned champions AEL Limassol made them work hard for it despite being down to ten men for over
The University of Cyprus could be placed among the world's top 200 universities by the next decade, UCy Rector Constantinos Christofides has said. The UCY could be among the world's top 200
Dossiers submitted to the government in relation to the exploration and exploitation of hydrocarbon reserves in Cyprus’ Exclusive Economic Zone (EEZ) will soon be opened. Minister of Commerce, Industry and Tourism Neoclis
Euromoney, the financial information arm of Daily Mail & General Trust, reported a 13 percent rise in first-half sales, boosted by acquisitions, and said it saw business opportunities in the euro zone
IMF chief Christine Lagarde warned of "extremely expensive" consequences were Greece to leave the euro zone, a once taboo possibility that European leaders have begun to discuss openly after the nation descended
