French energy giant Total is expected to start drilling for natural gas exploration in the eastern Mediterranean near the Cyprus coast some time in 2014, while the construction of a gas terminal
Standard & Poor’s said that Cyprus faces a “substantial and rising risk” of default on its public debt, especially if the Eurozone and the International Monetary Fund do not provide the necessary
Thousands of Greeks took to the streets of Athens on Wednesday during a nationwide strike against wage cuts and high taxes that kept ferries stuck in ports, schools shut and hospitals with
Pirates who kidnapped six foreign sailors from an oil servicing vessel off the Nigerian coast on Sunday are demanding 200 mln naira ($1.3 mln) for their release. One Russian, three Ukrainian and
Organisers are about to close the entries for the annual British Businesswoman of the Year Awards in Cyprus that will be announced during a prize-giving ceremony at Elea Golf Estate in Paphos
Yiorgos Lillikas, the candidate with the third-best results in Sunday’s first round of the presidential elections with a quarter of the votes, is expected to launch a new centre party within the
Bulgaria's government resigned from office on Wednesday after nationwide protests against high electricity prices, joining a long list of European administrations felled by austerity. Prime Minister Boiko Borisov had tried to calm
BMW is recalling 569,830 of its vehicles in the United States and Canada due the chance of an electrical failure that may cause the cars to stall unexpectedly, U.S. regulators and the
– Death brings worldwide death toll from new virus to six – Previously unknown coronavirus emerged in Middle East – Health officials say risk to public remains low (Adds quotes from health officials,
The EU-harmonised consumer price inflation rate followed the national consumer price index (CPI) upwards in January, reaching 2.0% compared with 1.5% in December 2012, as various austerity-related VAT and other excise duties
