As economic recovery continues to be challenged The US economic recovery is once again the focus of the market with investors eagerly awaiting this week’s highlight event, the release of the minutes from the US Federal Reserve’s rate-setting committee, the FOMC. Janet Yellen, current vice-chair of the Fed and chairperson-elect, last week indicated that she
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Slovenia’s largest mutual fund Elements Capital Partners Ltd, the emerging private equity firm, has announced today that it has acquired 40.84% of NFD d.o.o., – the Slovenian mutual fund company. Along with the NETA financial group, the two companies now control 82% of NFD d.o.o. Financial terms have not yet been released and the transaction
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MEPs at the plenary session of the European Parliament, sitting in Strasbourg, endorsed a deal with member states on the EU`s new Connecting Europe Facility (CEF), which aims to speed up funding to complete key trans-European transport, energy and telecoms links, in a vote on Tuesday. In a separate vote they also approved guidelines for
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After months of complex negotiations, the European Parliament gave its seal of approval to the EU's long-term budget for 2014-2020 on Tuesday. All the conditions set out in its July resolution, which followed a political agreement at the highest levels between the Parliament, the Irish Presidency and the Commission were met. The overall budget for
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The EU’s new Erasmus+ programme, which will fund grants for students, teachers, trainers and apprentices to study abroad in the EU, was approved by the European Parliament on Tuesday. The result of the vote was 632 votes in favour to 29 against and 30 abstentions. Youth leaders, volunteers and young sportsmen and women will also
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Turkish Cypriot politicians attended today the funeral of the late former President of Cyprus Glafcos Clerides. Present at the funeral were, among others, former Turkish Cypriot leader Mehmet Ali Talat and his spouse Oya, the Secretary General of the Republican Turkish Party Asim Akansoy, the President of the United Cyprus party Izzet Izcan, the President
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Greek Cypriot and Turkish Cypriot negotiators are making important progress and the US urge all parties to make the most of the current window of opportunity and to restart comprehensive talks, Jennifer Psaki, Spokesperson of the US State Department has said. Psaki was speaking to the press on Monday following a meeting US Secretary of
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Cyprus bid farewell today to former President of the Republic Glafcos Clerides, who died last Friday, aged 94. The funeral service took place at the Holy Church of God’s Wisdom, in Nicosia. Crowds had flocked from early in the morning outside the church, including young people belonging to the Youth of the Democratic Rally and
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The White House, expressing sadness at the death of former President of Cyprus Glafcos Clerides, has praised his vision, his resolve and his dignity pointing out that these ideals were “unexcelled” in his search for a political settlement in Cyprus and in leading his country into the European Union. The US also recalls his support
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Google Inc will pay $17 million to settle allegations by 37 states and the District of Colombia that it secretly tracked Web users by placing special digital files on the Web browsers of their smartphones. The deal, announced Monday morning, ends a nearly two-year probe by the states into allegations that Google bypassed the privacy
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