Greece's most militant guerrilla group, Revolutionary Struggle, claimed responsibility on Wednesday for two bomb attacks against Citibank branches in Athens, police said. Greece has been rocked by a wave of violence since December, when the fatal police shooting of a 15-year-old youth triggered its worst riots in decades and shook the fragile conservative government. Police
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Τhe District Office of the Civil Registry and Migration Department at Vyzantiou 11 Str, in Nicosia, will remain closed to the public until 17 March, according to an official press release issued by the Ministry of Interior. The office will be closed due to the extensive repairs to the building and technical equipment now in
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Cyprus President Demetris Christofias has expressed hope that discussions on European Union matters, in the context of the ongoing UN-led direct negotiations, will have a positive outcome. In statements after his 22nd meeting with Turkish Cypriot leader Mehmet Ali Talat, in the framework of the direct negotiations aiming to solve the Cyprus problem, and asked
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Cyprus President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat began here today their discussions on EU issues and decided to refer technical issues to experts. The leaders will meet again on Tuesday to continue their discussions. UN Secretary General's Special Adviser on Cyprus Alexander Downer has said that the leaders has first a
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Cyprus Department of Civil Aviation released its annual figures on traffic for 2008. Compared to 2007, flights in Larnaca airport increased by 4.0%, by 4.3% in passengers transport and by 2.9% in cargo transport. Pafos airport recorded an increase of 0.1% in passenger movement, while flights and cargo transport declined by 3.2% and 23.5% respectively.
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Stocks rose on Wednesday, with the benchmark S&P 500 index attempting the first two-day advance in a month, as investors held out hope that Washington would restore confidence in banks by relieving them of money-losing assets. Banks again drove a broad run-up, with Bank of America and Citigroup both up more than 10 percent, a
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Britain moved on Wednesday to prevent a diplomatic row with the United States over the April G20 summit after its top civil servant said the transition to a new team in Washington was hampering preparations. Cabinet Secretary Gus O'Donnell told a civil servants' meeting earlier this week that liaison with the U.S. Treasury Department was
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British investors face a 20 billion pound dividend shortfall this year as UK companies opt to protect their balance sheets in the global recession. The slide in earnings caused by crumbling demand is forcing a hard rethink about how much to pay UK shareholders, who traditionally have attached high importance to dividends. Morgan Stanley expects
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Former U.S. Federal Reserve Chairman Alan Greenspan said lower rates on long-term, fixed-rate mortgages and not the Federal Reserve's policies are to blame for the U.S. housing bubble. "Between 2002 and 2005, home mortgage rates led U.S. home price change by 11 months. This correlation between home prices and mortgage rates was highly significant, and
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Business services in Cyprus account for 5.8% of gross domestic product (GDP) according to statistics published in the annual report entitled “Statistics on Business Services” for the year 2007. The report provides data on the number of establishments, employment, labour costs and other expenses, gross output, value added and data for the expenditure on fixed
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