ECB hikes borrowing rate to 3.50%

The European Central Bank raised its key interest rates, hiking the minimum bid rate on its main refinancing operations to 3.50% from 3.25%, while the Bank of England, Bank of New Zealand

Erasmus@20 celebrations underway

José Manuel Barroso, President of the European Commission, and Ján Figel’, Commissioner in charge of Education & Training, today hailed the ERASMUS programme for its leading role as a driver for modernising

EC on European Trade Defence

The European Commission has today adopted a Green Paper to launch a reflection and public consultation on the application of the EU Trade Defence Instruments in a changing global economy. This public

ECHR awards damages to Greek Cypriot refugee

The European Court of Human Rights (ECHR) has unanimously awarded a Greek Cypriot refugee 800,000 euros in respect of pecuniary damage for being prevented from living in her home and having access

Panda detects Banker, Tneg trojans, worms

This week’s Panda Software’s weekly report looks at the Banker.FLO and TnegA.A Trojans, the IrcBot.AIV worm and the WKSSVC hacking tool. Banker.FLO is a Trojan that monitors Internet traffic generated when the

Ericsson launches live IMS over 3G in Japan

Softbank Mobile Corp in Japan has launched the world’s first live IMS network over 3G, powered by Ericsson’s IP Multimedia Subsystem (IMS) solution that includes Circle Talk (push-to-talk) and HotStatus (presence, group

Devastating mobile attack under spotlight

All mobile phones may be open to a simple but devastating attack that enables a third-party to eavesdrop on any phone conversation, receive any and all SMS messages, and download the phone’s

EDITORIAL: Healthy Mind, Healthy Body…

Health Minister Charis Charalambous seems to be one of the few people in government who has grasped the concept of private-public-partnership and is looking to introduce new means to make the national