* Exposure to Greece weak link in economy * Cyprus must take immediate steps to start reducing public debt and its banks remain badly exposed to debt-crippled Greece, the International Monetary Fund
Greek schools shut, hospitals worked with minimal staff and train and bus service ground to a halt on Thursday as unions held their first major strike since a new national unity government
European shares slipped in early trade on Thursday, giving back a little of the strong gains in the previous session and as the market seeks further guidance from policymakers about their plans
Top central banks around the world on Wednesday announced steps to prevent a credit crunch among banks in Europe that are struggling with the region's debt crisis, boosting global share prices and
Oscar-nominee Tom Cruise has kicked off the rollout of the fourth installment of the "Mission Impossible" franchise with a limited "fan screening" in Japan ahead of its world premiere next week. Cruise,
The former chief executive of disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and bring in his own team to
British American Tobacco became the second tobacco giant to launch legal action against Australian laws forcing tobacco products to be sold in drab, plain packaging from next year, following the lead of
Cyprus unemployment rate reached 8.2% in October, compared to 7.9% in September, according to figures released on Wednesday by Eurostat. The Euro area unemployment rate recorded a historic high figure, reaching 10.3%
The debt crisis in Europe is now fully systemic and will require a systemic response to resolve it, the president of European Council, which represents EU member states, said on Wednesday. "The
. DR. JIM LEONTIADES Cyprus International Institute of Management Countries in the Euro-zone which are in economic difficulties have been advised to follow (whether they like it or not) the German economic
