* Speed of restoration depends on availability of spare parts * 38MW in 2-3 months, 150MW from Unit 5 in 6 months The EU Civil Protection Team handed in to the Cypriot
. The Risk Watch Column By Dr Alan Waring In the previous two Risk Watch articles in the Financial Mirror (‘A Gamble that Cost Lives’ and ‘Mari-Vassilikos Disaster: More Troubling Questions’), I
. By Shavasb Bohdjalian The euro gained in value and the dollar retreated following a breakthrough in negotiations to raise the US debt ceiling and avoid a default. It is remarkable how
. Imagine putting on your skis and getting ready to go down the North Face slope at Troodos, only to discover after you take off that there is no snow, but only
Cyprus does not need to enter the EU support mechanism for the time being, new Finance Minister Kikis Kazamias said on Friday. Speaking to the press, after the new cabinet was sworn
Cyprus president Demetris Christofias has appointed his close aide and former communist lawmaker Kikis Kazamias as the new finance minister in a cabinet overhaul aimed at propping up popular support amid a
The Swiss franc hit a fresh record high against the euro while the Aussie fell in early Asian trade on Friday as mounting fear of an economic quagmire in the United States
U.S. crude fell below $86 on Friday, heading for its biggest weekly drop since early May, as fears of a global economic slowdown drive investors to the exits in a commodities sell-off
Allianz missed expectations with a 8.2% drop in net profit in the second quarter, hurt by a writedown on its Greek government debt. Quarterly net profit after minorities was 1 bln euros
World stock markets fell for the eighth straight session on Friday to the lowest since late 2010, with more losses feared if policymakers do not come to the rescue soon to stabilise
