The government is adopting measures with regard to the economy, to avoid having measures being imposed on Cyprus, Government Spokesman Stephanos Stephanou has said. Speaking here Wednesday, after a Cabinet meeting and
Cyprus’ annual inflation marked an increase of 0,3% in June, Eurostat has announced. According to figures, released by Eurostat, the statistical office of the European Union, the annual inflation in Cyprus was
Oneworld members British Airways, American Airlines and Iberia won EU antitrust clearance on Wednesday to deepen their pact after agreeing to cede some lucrative trans-Atlantic routes. The European Commission, the EU competition
Slovakia should end its resistance and sign off on the euro zone's planned emergency loan facility, the finance ministry proposed on Wednesday, bending to pressure from European partners. Slovakia, the euro zone's
Moody's Investors Service has changed to stable from negative the outlook on the B2 long-term foreign and local currency deposit ratings of Metallinvestbank (MIB). The bank financial strength rating (BFSR) of E+
European Union finance ministers remained divided on Tuesday over what data would be published in banks stress tests due in 10 days but pledged to make them as transparent as possible. Like
The Cyprus Government is handling the economy and the public finances with responsibility, Finance Minister Charilaos Stavrakis has stressed. Speaking at Larnaka airport, on his return from Belgium, where he participated in
Greece's deputy tourism minister said on Tuesday he hopes a late surge in arrivals will boost revenues in the key tourism sector, hit by a slump in bookings this year as anti-austerity
Greece passed its first borrowing test on Tuesday since a giant EU/IMF funding deal in May, sending bank stocks and the euro higher after it easily sold 1.625 billion euros ($2.03 billion)
The EU Economic and Financial Affairs Council (ECOFIN) decided Tuesday to begin an excessive deficit procedure for Cyprus, Finland, Bulgaria and Denmark. Cyprus was represented at the Council by Minister of Finance
