**Troika not concerned about Eurozone stress tests** **“Stay focused”, says finance minister Georgiades** The Cyprus banking system has shifted to crisis-resolution phase, according to Isobel von Koeppen Mertes, Advisor in the European Central Bank Market Operations Analysis Division, speaking that the Economist 9th Cyprus Summit on Monday, but needs to avoid some of the mistakes
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The outlook for Belgium's banking system has been changed to stable from negative, said Moody's Investors Service, explaining that the change reflects the likelihood that the operating environment will stabilise over the outlook period, supported by a slight recovery in the domestic economy. The rating agency said that the change also reflects the decline of
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Etihad Airways, the national airline of the United Arab Emirates, announced a firm order for 87 Airbus aircraft, plus purchase rights for a further 30, to support the global expansion of its operations. The order represents an investment of up to US$ 26.9 billion at list prices, including related engines. The firm order, unveiled at
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The ever growing innovation on the mobile payments market, from contactless cards to digital wallets, has attracted the attention of the European Central Bank (ECB), which has launched a public consultation on mobile payments security for all involved stakeholders. EurActiv France reports. The institution’s board of governors launched a public consultation on 15 November to
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Greece's EU presidency will contribute to the European integration of the Western Balkans, promoting transport and energy infrastructure. Belgrade has expressed hope that Athens will promote enlargement, despite it not being one of its key priorities. EurActiv Greece and EurActiv Serbia report. Greece had always been a strong supporter of EU enlargement policy, especially in
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Cypriot President Nicos Anastasiades urged Sunday the Turkish Cypriot leader Dervis Eroglu to proceed to the dialogue for achieving a solution of the Cyprus problem with genuine goodwill. The President, who will meet Monday afternoon with the Turkish Cypriot leader in the Nicosia buffer zone, expressed disappointment with Eroglu's statements in a Turkish newspaper, one
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Cypriot Pavlos Kontides has won the silver medal at the 2013 Laser World Championship which took place in Oman. “The Cypriot champion showed stability and remarkable concentration and took second position in the 2013 Laser World Championships in Oman and reminded everyone his prominent position in world sailing”, according to the Cyprus Sailing Federation. On
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Live lnk with the UK and South Africa, December 1st, 10 – 12 noon, Cleopatra Hotel, Nicosia Women of Cyprus will have the great opportunity to learn how to Get Connected in Business and live link with South Africa and the UK in the International Women In Business upcoming event taking place, December 1st in
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A senior official at the IMF, that is heading the international bailout programme for Cyprus, and the president’s economic advisory body, are pushing for a quick implementation of a privatisation programme, conditional to the next tranche of the 10 bln euros in aid. Local trade unions are up in arms over the decision, accusing the
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With the slogan “Enjoy, it’s from Europe” the European Commission presented, on Thursday, its draft reform on the European agricultural and food products information and promotion policy. The European Commission today presented a draft reform of the information and promotion policy for European agricultural and food products. This new promotion policy, which benefits from a
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