Head of the Energy Department of the Commerce, Industry and Tourism Ministry, Solon Kassinis, has submitted proposals for cooperation with Israel in constructing a liquid natural gas plant and a pipeline for which political decisions are still to be taken from Israel and Cyprus. Kassinis made the remark during the 4th Summit on Energy, organized
More
Cyprus Minister of Commerce, Industry and Tourism Praxoulla Antoniadou said on Monday that the Cypriot Council of Minister would discuss in the coming days a proposal for the commencement of the preparatory work for the second licensing round for hydrocarnons exploration blocks in Cyprus' Exclusive Economic Zone. Speaking to the press at the sidelines of
More
The Faculty of Medicine of the University of Cyprus is expected to welcome its first students on September 2013 and, according to the planning of the Ministry of Health and the Ministry of Education, the first members of the academic staff will be employed in 2012. The issue of the establishment of the Faculty of
More
Technocrat leaders in Italy and Greece were rushing to form governments as they sought to limit the damage from the euro zone debt crisis on Monday, with stocks and the euro rising when markets opened in Asia. Italy's president asked former European Commissioner Mario Monti on Sunday to form a government to restore market confidence
More
President Barack Obama served notice on Sunday that the United States was fed up with China's trade and currency practices as he turned up the heat on America's biggest economic rival. "Enough's enough," Obama said bluntly at a closing news conference of the Asia-Pacific Economic Cooperation summit where he scored a significant breakthrough in his
More
President Barack Obama urged U.S. lawmakers on Sunday to "bite the bullet" and make the compromises needed for a deficit-reduction deal they need to reach this month to avoid triggering automatic federal spending cuts. At a news conference in Honolulu, where he was hosting a summit of Asia-Pacific leaders, Obama said it was time for
More
China will play by the rules of international agreements that it has been party to negotiating, a Chinese official said on Sunday. His remarks were a clear rebuttal to U.S. President Barack Obama who earlier said that China must act like a "grown up" and play by the rules of the international community in economic
More
Asian stocks rose on Monday and the euro edged up on hopes that new technocratic leaders in Italy and Greece will take decisive action to save their indebted nations from bankruptcy and fend off a wider financial meltdown in the euro zone. Commodities rose, credit spreads tightened and safe haven government bond yields climbed, all
More
Technocrat leaders in Italy and Greece rushing to form governments will face a critical test of their ability to limit the damage from the euro zone debt crisis when financial markets open in Europe on Monday. Italy's president asked former European Commissioner Mario Monti on Sunday to form a government to restore market confidence in
More
Germany's Interior Minister warned on Sunday of a "new form of far-right terrorism" as details emerged of a grotesque film left by members of a neo-Nazi cell in eastern Germany, in which they claimed the murder of nine immigrants between 2000 and 2006. Prosecutors said police had arrested a suspected accomplice of the group, which
More