France and Germany, Europe's two central powers, have stepped up their war of words over whether the European Central Bank should intervene more forcefully to halt the euro zone's debt crisis after
Greek Prime Minister Lucas Papademos's crisis coalition cleared its first hurdle on Wednesday night by winning a vote of confidence, but faces a Herculean task keeping fractious parties behind painful reforms needed
October was another good month for tourism with total arrivals rising by 7.5% compared with the year earlier to 259,863 in October 2011 compared with 241,698 in October 2010. Arrivals from Russia
* Noble says 3-9 Tcf, not “more than 10 tcf” * Block 12 may not hold as much natural gas deposits as some led us to believe, with Noble Energy’s initial
* Second gas round could be before year-end, says Minister * Cyprus can benefit from the relative decline of other gas producers in the region, but will have to work quickly to
* Conservatives, Commission conflict on written pledge * Greek conservatives set themselves on a collision course with the European Commission on Tuesday, refusing its request to sign a pledge to meet the terms
Shareholders of Greece's Alpha Bank and Eurobank approved on Tuesday a plan to merge the two lenders in an attempt to protect them from the fallout of the country's debt crisis. Greece's
Cyprus’ GDP marked a decrease of 0,7% in the third quarter of 2011, compared with the previous quarter, according to estimates published on Tuesday by Eurostat, the statistical office of the European
Europe's leaders have less than a month to strike another grand bargain to rescue the euro zone from a worsening sovereign debt crisis. Contagion in financial markets may have to get still
** Previous quarters revised down ** The destruction of Cyprus’ main power station on July 11th as a result of an armaments blast pushed the economy into recession in the third quarter
