A power struggle between Germany, France and Spain is set to leave a seat vacant on the European Central Bank's six-member board in the middle of a potentially devastating crisis for the
A proposal to levy a tax on cats and dogs that stunned Italy on Friday turned out to be all bark and no bite after a wave of popular anger saw it
The energy sector in Cyprus, in relation to both domestic and global developments, is at a critical juncture, Under Secretary to the President Titos Christofides said in a speech on behalf of
The Popular Bank, the island’s second biggest lender that is struggling to recover from a massive exposure to Greek sovereign debt, is hopeful that an upcoming rights issue will be picked up
The euro hovered above a 22-month low and European shares saw a fragile recovery, as investors braced for data that could reveal the damage wrought on the region's economy by prospects of
Chinese police have arrested a young couple who buried an old woman alive believing she was dead after their car hit the 68-year-old, newspapers said on Thursday, in a case which has
Egypt resumed its first free presidential election on Thursday after a first day of voting that passed off mostly calmly, apart from a stone-throwing attack on candidate Ahmed Shafiq, who was premier
Japanese Prime Minister Yoshihiko Noda said on Thursday that staging the 2020 Olympics in Tokyo would symbolise the country's recovery from last year's deadly tsunami after the city made the International Olympic
Cyprus Investment Promotion Agency (CIPA) ranks 5th out of 189 countries, according to the World Bank Global Investment Promotion Best Practices 2012 report. According to a CIPA press release issued here on
European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the
