The president of Cyprus lost a key ally on Tuesday, weakening the ruling coalition just as the island's press said the recent destruction of a power station by a munitions blast might
* Bank levy seen as sole option to avoid selective default * German Chancellor Angela Merkel, Europe's reluctant paymaster, doused expectations of any comprehensive solution to Greece's debt crisis at an emergency
* Won't accept divided Cyprus in EU chair * EU candidate Turkey would not accept Cyprus in the rotating European Union presidency, which it is due to assume in July 2012, without
An online campaign has been launched in Russia urging young women to support Prime Minister Vladimir Putin in a presidential vote by taking off their clothes, a lawmaker's site showed Sunday. Called
Upward pressure on wage bill The EU-harmonised inflation rate in Cyprus continued to climb in June, hitting 4.5% compared with 4.1% in May and 3.5% in April. The average for the first
Minister of Foreign Affairs Marcos Kyprianou stated that he intends to ask the President of the Republic Demetris Christofias to remove him from office, in relation to the deadly events at the
The world economy should expand steadily this year and next thanks mainly to prospering emerging powers, a Reuters poll showed, but fiscal troubles lurking in Europe and potentially the United States risk
Banks with substantial peripheral euro zone bond holdings, and those that only scraped through the European Union's stress test of 90 lenders, started feeling the heat on Monday from investors anxious they
Brent crude dropped below $117 a barrel on Monday on growing fears of a possible sovereign debt default on either side of the Atlantic and as another potential emergency stock release from
German Chancellor Angela Merkel called on Sunday for private investors to make a major contribution to bailing out Greece, as pressure rose for radical action to cut the country's debt burden. Officials
