Cyprus Wine Festival opens on Thursday

The annual Wine Festival in Limassol opens on Thursday evening, celebrating its 50th anniversary and promising an upgraded cultural programme and many innovations. The Festival will be opened by Minister of Commerce,

ECB holds rates at 1.5%

The European Central Bank left interest rates unchanged and may lower its inflation and growth forecasts as the region’s debt crisis worsens. ECB officials meeting in Frankfurt today kept the benchmark rate

European shares steady ahead of ECB

European stocks steadied on Thursday, halting the previous session's tentative rebound, as investors waited to see if the European Central Bank will signal a change in policy to support the ailing euro