Cyprus exports leap 22.1% in 2011

**Trade deficit shrinks by 9.7% ** In a little piece of good news for the Cyprus economy the trade deficit shrank by 9.7% in 2011, according to preliminary figures for December, thanks

Next steps on path to Greek bailout

Greek parliamentarians have voted through an austerity package that keeps their hopes of securing a 130 billion euros bailout from the European Union and International Monetary Fund on track. But more hurdles

Adele triumphs at Grammys with six wins

Soul singer Adele triumphed in her return to music's stage on Sunday, scooping up six Grammys and winning every category in which she was nominated including album of the year for "21"

Climax nears in Greek drama

Tortuous negotiations over a second bailout for Greece are set to come to a head on Wednesday, putting fragile market confidence to the test on the same day data is tipped to