Second financing package for Greece

Euro zone finance ministers approved a second financing package for Greece early on Tuesday, which aims at reducing Greek debt to 120.5 percent of gross domestic product by 2020 from 160 percent

Brazil kicks off carnival as fears of unrest fade

Revellers in Brazil's two biggest carnival capitals kicked off the annual celebrations restoring a festive atmosphere to cities where police strikes in recent weeks raised fears that crime and violence would spoil the party.

Price trends and Cyprus property prospects in 2012

. BY GEORGE MOUSKIDES and GEORGE MAVREAS The medium-term prospects of the economy and the property sector are positive, following the recent developments, especially the discovery of significant gas reserves. Let's start