Commission: Cyprus slow to absorb EU funds

The rate of absorbency of EU funds by Cyprus was lower than the average for the EU, according to the European Commission`s Strategic Report on the implementation of 2007-2013 Cohesion Policy programmes.

Bahrainis protest ahead of F1 grand prix

Hundreds of protesters waved banners and chanted against the Bahrain government on Thursday ahead of this weekend's Formula One race, which the opposition sees as a chance to attract international attention to

German parliament backs Cyprus bailout

* Of 602 lawmakers, 487 vote in favour of Cyprus bailout * Surprise vote by Cypriot lawmakers stokes uncertainty * German opposition attacks government for first Cyprus plan Germany's lower house of