Cyprus MPs approve balanced austerity measures

 * VAT hike to 17% expected in September *    Parliament approved on Friday the Cyprus government’s first package of austerity measures aimed wrestle down its high deficit, which politicians said had

Cyprus Editorial: Who controls the unions?

. It is incomprehensible how the civil servants’ union that represents about 20% of the island’s workforce, has succeeded in the past five decades to impose itself on the private sector unions,