Minister of Finance Charilaos Stavrakis has pointed out that consolidation of public finances was necessary in order to achieve growth and prosperity, adding that the Government's package of measures was balanced and
World leaders aimed for a common target on Thursday of securing the economic recovery, but disagreed over how best to reach it. With two days to go before the Group of 20
Brazil meet Portugal in a mouth-watering finale to the World Cup group matches on Friday after holders Italy were knocked out in a humiliating defeat by tournament debutants Slovakia. The miserable display
A booby-trapped package exploded next to the office of the Greek minister in charge of the police force on Thursday, killing one of his aides, officials said. No one immediately claimed responsibility
The United States said world leaders must work to keep economic growth on track but Europe dug in its heels ahead of a G20 summit, insisting that now was the time to
European policymakers dug in to defend budget austerity plans on Thursday ahead of a G20 summit set to pit calls for fiscal restraint against warnings that heavy cost-cutting threatens recovery. European Central
The question has puzzled leaders ranging from Henry Kissinger, said to have once asked who he should call to reach Europe, to Barack Obama. It has become all the more pertinent as
The government is tackling the consequences of the global financial crisis in a balanced way, and now businessmen and wealthy people are called upon to contribute to the state's income and the
The Electricity Authority of Cyprus (EAC) will decide by the end of July on its strategic partner for the terminal for liquefied natural gas, an EAC press release issued here on Wednesday
Greece is likely to have no problems in securing a second aid tranche of a giant European Union and International Monetary Fund bailout, the country's representative at the IMF said on Wednesday.
