Academic to head central bank of Cyprus

Cyprus appointed a new central bank governor and representative to the European Central Bank on Saturday, choosing an academic who has questioned the ECB's emphasis on inflation in defining monetary policy and

Four bombs explode in Ukraine city, 27 wounded

Four bombs exploded at short intervals in the Ukrainian city of Dnipropetrovsk on Friday in what authorities said amounted to an "act of terrorism", wounding 27 people, including nine children. President Viktor

Germany tells UEFA it will not bid for Euro 2020

Germany will not bid to host the Euro 2020 soccer championships, the country's football association said on Friday, ending months of speculation regarding the football crazy nation's intentions. Germany, hosts of the