Residents in Tel Aviv are hearing air raid sirens for a second time in the ongoing crisis after Hamas reportedly fired a long-range rocket at Israel’s second-largest city and capital. Witnesses said a loud explosion was heard in Tel Aviv after the siren went off. Israeli police reported that the rocket caused no injuries and
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Actors and the producer of a Greek play that depicted Jesus Christ and his apostles as gay have been charged with blasphemy, court officials said on Friday. A production of "Corpus Christi" in Athens was cancelled this month after weeks of almost daily protests outside the theatre by priests and right-wing groups, including deputies from
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Bulgaria's unemployment rate rose to 11% in October from 10.6% the previous month, mainly due to a drop of seasonal jobs in agriculure and tourism, data from the labour ministry showed on Friday. About 12,500 new workers in the European union's poorest country lost their jobs in October, bringing the number of registered unemployed to
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Greek banks set to receive state aid under a recapitalisation scheme will face tighter scrutiny of their credit policies and restructuring plans, a senior banker with direct knowledge of the matter said. Monitors will be placed at each bank to oversee credit policies at the behest of the so-called troika of the European Commission, European
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German Chancellor Angela Merkel will complain to President Vladimir Putin on Friday about a crackdown on political freedoms in Russia at talks likely to deepen a chill between the two big European powers. Merkel has been asked by the German parliament to express concern about the state of human rights in Russia since the former
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A Greek journalist who published the names of more than 2,000 Greeks with Swiss bank accounts will stand trial again after a prosecutor appealed a decision to acquit him of breaking data privacy laws, court officials said on Friday. The speedy arrest, trial and acquittal of magazine editor Costas Vaxevanis for publishing the so-called "Lagarde
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The House plenary has ratified an agreement between the Republic of Cyprus and Israel on cooperation in the fields of renewable energy sources and energy efficiency. The agreement was signed in Nicosia on November 3 2011 and according to a representative of the Ministry of Commerce, Industry and Tourism it has also been ratified by
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The IMF gave no information on Thursday on the course of negotiations between the Cypriot government and the Troika, despite sources in Washington saying that there were obstacles to reaching an agreement, which at the time being appear unsurpassable. Asked about obstacles in reaching an agreement for Cyprus and reported lack of satisfaction with the
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Cyprus and Finland signed an agreement on Thursday in Nicosia for the avoidance of double taxation, with both sides pointing out its significance for facilitating investments and strengthening bilateral ties. The agreement was signed by Cypriot Minister of Finance Vasos Shiarly and Ambassador of Finland in Nicosia Anu Saarela, at the Ambassador`s residence. Speaking at
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Japan's Nikkei rallied for a second day on Friday as a tumbling yen boosted exporters, bucking the global trend that drove stocks elsewhere in Asia down more than 2 percent on the week amid concerns about the looming U.S. "fiscal cliff". The yen held near a six-and-a-half month low plumbed against the dollar after Shinzo
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