U.S. Treasury Secretary Timothy Geithner on Tuesday said taxpayer bailout recipient AIG would be forced to pay the government to compensate taxpayers for $165 million in employee bonuses as a condition for
Asian stocks drifted higher on Wednesday as banks extended gains, while Japanese government bonds rose after the Bank of Japan sharply increased the amount of government debt it would purchase to support
More than 1,000 leftist unionists marched through Athens on Tuesday to demand protection of workers' rights as the global crisis hits Greece. Members of the leftist PAME group waved red flags and
Cypriot Chamber of Commerce and Industry and the Turkish Cypriot Chamber of Industry singed here today a project entitled ''Interdepedence,'' in a bid to boost business relations between Greek Cypriots and Turkish
The European Parliament's central election campaign aims to bring the European voters to the polls to choose their Parliament in the world's largest transnational election, said the head of the European Parliament
Tax revenue collected by the Inland Revenue Department (IRD during the period January – February 2009 declined by 7.2% year-on-year to EUR 318.8 bln. The decline in revenue is mainly attributed to
Marfin Popular Bank Public Co Ltd (CPB, MARFB) announced that as of 16 March 2009 it has been notified that “Tosca Fund Asset Management” has decreased its stake in CPB from 5.03%
Minister of Communications and Works Nicos Nikolaides has denounced the refusal of Turkey to cooperate with Cyprus’ air traffic control services and to allow the use of its airspace by Cypriot airlines.
Cypriot MP Maria Kyriakou has proposed the preparation of Euro-Mediterranean joint programmes to boost the tourist industry in Europe and the Mediterranean. Speaking before the 5th Euro – Mediterranean Parliamentary Assembly’s (EMPA)
Air Berlin is in advanced talks for a cross-shareholding with TUI Travel's TUIfly, Air Berlin said on Tuesday, hailing the end of a lengthy struggle to consolidate the German airline industry. Under
