Minister of Foreign Affairs Ioannis Kasoulides will meet on Monday in London with his British counterpart, William Hague. Kasoulides, who traveled to London Sunday at the invitation of the British Foreign Secretary, will discuss over a working lunch with Hague the Cyprus issue, bilateral relations, energy related matters, as well as the current economic situation
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Steel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping mall, one of many illustrating a boom in the Thai economy beyond the bright lights of Bangkok. The malls, factories and construction sites in Thailand's northeast are emerging alongside
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Czech Prime Minister Petr Necas was forced to quit on Sunday by a graft and spying scandal involving his closest aide, pitching the European Union member state into a period of uncertainty over who will form the next government. Under the Czech constitution, the whole government will now have to step down, and there is
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Asian shares struggled to extend gains after reversing early losses on Monday as investors hunkered down before the U.S. Federal Reserve meeting's outcome later this week, and maybe some long-awaited clarity on its intentions for monetary stimulus. Uncertainty over the Fed's future policy course has triggered a sharp sell-off in broad risk assets over the
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Clashes between police and protesters flared up in Istanbul overnight after a weekend in which Prime Minister Tayyip Erdogan sought to steal back the agenda, rallying his supporters and expelling demonstrators from an Istanbul park. Two union federations called a nationwide strike for Monday over the forced eviction of protesters from Gezi Park, a leafy
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Germany is dragging its feet over letting Turkey take the next step in slow-moving membership talks with the European Union amid widespread concern over Ankara's tough handling of anti-government protests, EU officials said on Friday. Berlin has criticised Prime Minister Tayyip Erdogan's heavy handed response to two weeks of protests that began over a redevelopment
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Asian shares struggled to extend gains after reversing early losses on Monday as investors hunkered down before the U.S. Federal Reserve meeting's outcome later this week, and maybe some long-awaited clarity on its intentions for monetary stimulus. Uncertainty over the Fed's future policy course has triggered a sharp sell-off in broad risk assets over the
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Greek Prime Minister Antonis Samaras on Sunday dismissed talk of an early election over the abrupt closure of the state broadcaster, which brought protests from viewers, workers, the opposition and his coalition partners. Samaras defended his decision to close ERT and relaunch what he said would be a smaller, more efficient version as a way
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Azeri state energy company SOCAR said it has started talks with the Greek government on purchasing the country's natural gas grid operator DESFA, after being the only bidder in a failed tender for the asset sale. "The tender procedure on the privatisation of DESFA is over and SOCAR has started talks with the Greek government,"
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Greek Prime Minister Antonis Samaras offered to hire a small number of workers to resume a public news broadcast, he said in a statement on Friday, in a concession to coalition partners angry over the shutdown of loss-making state broadcaster ERT that is regarded a black hole for taxpayers’ funds. He said a special liquidator
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