The annual Wine Festival in Limassol opens on Thursday evening, celebrating its 50th anniversary and promising an upgraded cultural programme and many innovations. The Festival will be opened by Minister of Commerce, Industry and Tourism Praxoula Antoniadou. Greek singer Costas Makedonas, as well as the Cypriot group Giorgallettos, will be singing songs written especially for
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Healthier lifestyles and better diets could prevent up to 2.8 million cases of cancer each year, the World Cancer Research Fund (WCRF) said on Wednesday, calling on governments to "avoid a public health disaster." The number of global cancers has increased by a fifth in less than a decade to around 12 million new cases
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The European Central Bank left interest rates unchanged and may lower its inflation and growth forecasts as the region’s debt crisis worsens. ECB officials meeting in Frankfurt today kept the benchmark rate at 1.5 percent. The spreading debt crisis is sapping confidence in European banks and driving up market borrowing costs, prompting economists such as
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German Finance Minister Wolfgang Schaeuble said on Thursday that the situation in Greece was "serious" and the country would not receive new aid until it met the fiscal conditions set out for it by its international lenders. "Ladies and gentlemen, the situation is serious in Greece," Schaeuble said in a speech in the Bundestag lower
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Greece must make sure it fulfils the conditions needed to be a member of the euro zone, German Finance Minister Wolfgang Schaeuble said on Thursday, making him one of the most senior members of the government to question Greece's membership of the currency bloc. He added that Germany stands ready to help Greece, but if
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European stocks steadied on Thursday, halting the previous session's tentative rebound, as investors waited to see if the European Central Bank will signal a change in policy to support the ailing euro zone economy. The market was also hesitant following Wednesday's low-volume technical bounce and ahead of U.S. President Barack Obama's speech to Congress during
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Candles flickered beside mounds of red carnations at the stadium of one of Russia's top ice hockey teams on Thursday after almost the entire team was wiped out in a plane crash that killed 43 people. Fans and players across the world paid tribute to the Lokomotiv Yaroslavl team, the day after the Soviet-designed Yak-42
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Forbes' latest ranking of China's richest people pits stolid industrial muscle against high-tech, with the head of an earth-moving company pipping the co-founder of the nation's biggest Internet search engine for the top spot. Liang Wengen, the chairman of Sany Heavy Industry, came in at the top of Forbes Asia magazine's China rich list released
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Candles flickered beside mounds of red carnations at the stadium of one of Russia's top ice hockey teams on Thursday after almost the entire team was wiped out in a plane crash that killed 43 people. Fans and players across the world paid tribute to the Lokomotiv Yaroslavl team, the day after the Soviet-designed Yak-42
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. Reading a Reuters report on the problems facing Italy and its embattled leader, I see many similarities in the problems facing both Cyprus and Italy. After many months of indecision, both Cyprus and Italy are still wrangling over how best to balance their budget, losing credibility with their fellow EU partners, rating agencies and
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