Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone on Friday, but Britain, the region's third largest economy, refused to join the other
Daewoo Shipbuilding & Marine Engineering said on Friday it had lost an order from a European customer worth over half a billion dollars in a sign of worsening conditions in the seaborne
Tourist arrivals has increased by over ten percent until October, with a relevant increase in revenue. Commerce, Industry and Tourism Minister Praxoulia Antoniadou, addressing the 29th General Assembly of the Pancyprian Hotel
Ukrainian opposition leader Yulia Tymoshenko has been formally re-arrested on a fresh criminal charge, her lawyer said on Friday. The move further complicates European Union efforts to secure Tymoshenko's release because she
Chinese authorities have shut down 206 microblogs for carrying pornographic and "vulgar" content after receiving tip-offs from the public, state media reported on Friday, as the country increases scrutiny of the massively
. The Risk Watch Column By Dr Alan Waring Alpha Bank is seeking to repossess some 70 homes bought from the developer Yiannis Liasides (now bankrupt) and is the latest twist in
. BY PERSELLA IOANNIDES Despite a welcome intervention by global central banks on 24/11, the Eurozone remains on a precipice as Brussels continues to hesitate in the face of German resistance. However,
. BY SHAVASB BOHDJALIAN In response to the deepening debt crisis and strains in lending rates, the European Central Bank (ECB) is widely expected to reduce its main refinancing rate (borrowing rate)
Greeks like technocrat Prime Minister Lucas Papademos but deeply distrust his coalition government made up of career politicians, two polls showed on Friday. Papademos's popularity rose to 60 percent in December from
The European Banking Authority found that the island’s two main lenders, Bank of Cyprus and Marfin Popular Bank, will need to raise about 3.53 bln euros by next June as a capital
