Director-General of Eurostat visited Cyprus

The Director-General of Eurostat, Walter Radermacher met Minister of Finance Charilaos Stavraki and state officials competent on economic issues, during his one-day visit in Cyprus, on Monday. According to announcement, issued today

Cyprus president to participate in EU Summit

Cyprus President Demetris Christofias departs Wednesday for Brussels, in order to participate in the Informal Council of heads of state or government of the European Union that begins on Thursday. According to

IMF help with Greece may be unavoidable

If the European Union can't quell concerns over Greece's debt burden, the International Monetary Fund may have to step in, whether or not its help is welcome. German sources told Reuters on

Greece rescue hopes lift stocks but euro off

Asian stocks rose on Wednesday on signs that the European Union may rescue debt-strapped Greece, coaxing nervous investors back to riskier assets, but uncertainty over the plan weighed on the euro. Major