Greece to revise proposed gambling bill

The Greek government will revise a proposed law on liberalising gambling after ruling party politicians complained it could turn the cash-strapped country into a vast casino, members of parliament said on Thursday.

ECB hikes rates

  * 25 bps rate rise is first since July 2008 * Policy "very accommodative", to watch prices very closely * Trichet says hike not seen as first in a series * ECB

Cyprus to host EU trio presidency meeting

Officials from the Cypriot, the Danish and the Polish Ministries of Health will meet on Friday to discuss issues related to the Presidency of the EU. According to an official announcement, the

Cyprus inflation reaches 2.8% in March

Inflation in Cyprus reached 2.8% in March 2011 compared to 2.4% in the previous year. According to an official press release, the Consumer Price Index for March 2011 increased by 1,12 units