Greece's ruling socialists and opposition conservatives offered rival plans for saving the nation from bankruptcy and safeguarding its euro zone membership, ignoring an appeal from the president to cooperate on tackling the
Cyprus may need to raise taxes to help it pull out of an economic crisis, central bank Governor Athanasios Orphanides said on Saturday, a day after Moody's warned the island would probably
Moody's Investor Service said it cut the Cyprus sovereign ratings by two notches from Baa1 to Baa3 with possible review for a further downgrade. The rating agency said the downgrade reflects the high likelihood
Greek Prime Minister George Papandreou said he would not head a new coalition government, which could be agreed with the opposition as early as Sunday, a statement from his office said. "It
The European Central Bank's interest rate cut on Thursday was a pre-emptive strike, policymaker Juergen Stark said on Friday, and urged the bank to call an early halt to its sovereign bond-buying
The euro zone won verbal support but no new money at a G20 summit in Cannes on Friday for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively
* Will it avoid fate of Zaha Hadid's Eleftheria Square plans? The Old GSP stadium in Nicosia will undergo a much-need facelift with the capital finally getting a central park. The Nicosia
. The Risk Watch Column By Dr Alan Waring Financial Mirror readers may recall that four previous Risk Watch articles have discussed the major hazard risk issues arising from the Mari-Vassilikos disaster
. In the Greek section of the Financial Mirror last week, we ran a story about Jet2.com promoting paragliding in the North only, whereas the airline promotes itself as carrying passengers to
* Costas Mylonas is new non-exec chairman * Andreas Vgenopoulos, the outspoken architect credited with building up Marfin Laiki Bank from the second biggest lender in Cyprus into a leading bank in
