Cypriot finance minister Kikis Kazamias, credited with spearheading an austerity drive pulling Cyprus back from the brink of an international bailout, has resigned for health reasons, the government said on Friday. The
President of Cyprus Demetris Christofias will announce on Monday, his decisions for a limited Cabinet reshuffle, Government Spokesman Stephanos Stephanou said here today in a written statement. Stephanou also pointed out that
The world's biggest electronic payment system on Saturday will cut off Iranian banks blacklisted by the European Union in an attempt to further strangle Tehran's ability to finance a nuclear program. Belgium-based
Apple's new iPad proved to be another hot-seller on Friday, with hundreds queueing at stores across Asia to be the first to get their hands on the 4G-ready tablet computer as the
Syrian forces pressed their military offensive in the northern province of Idlib, driving 1,000 refugees across the Turkish border as the bloody revolt against President Bashar al-Assad entered a second year with
Asian shares steadied on Friday while the dollar took a breather after its recent broad rally spurred profit-taking, with some investors wondering if a fresh batch of encouraging economic data would put
The euro zone's temporary bailout fund, the European Financial Stability Facility (EFSF), will contribute 109.1 billion euros ($142.60 billion) to the second Greek bailout after covering the costs of the Greek debt
The communist-led Cyprus government is expected to undergo a cabinet reshuffle, the second time in eight months, with finance minister Kikis Kazamias leaving on health grounds and the president moving around popular ministers
Dmitry Rybolovlev, the fertilizer tycoon and single largest shareholder in the Bank of Cyprus, is locked in a bitter divorce battle with his estranged wife Elena who is suing over his $88
* THE FINANCIAL MIRROR CONSENSUS FORECASTS * Economic conditions will be worse in 2012 than in 2011, according to all of the eight panellists on the quarterly Financial Mirror Consensus Forecast, but
