U.S. Secretary of State Hillary Clinton is hopeful NATO allies will agree this week on stationing Patriot missiles in Turkey to defend against possible Syrian attacks, senior U.S. officials said. She also
Philippine President Benigno Aquino told people on Monday to take storm warnings seriously as authorities evacuated thousands of residents of coastal and mountain regions hours before the biggest typhoon this year was
Syrian government forces bombed rebel positions in the frontier town of Ras al-Ain on Monday, killing at least 12 people according to opposition activists, and prompting Turkey to scramble fighter jets along
Hellenic Bank, the island’s third biggest lender controlled by the Church of Cyprus, is the first of the local banks to show a profit for the first nine months of the year,
Cyprus recorded in October the second highest increase of unemployment in a year, reaching 12.9%. According to Eurostat, compared with a year ago the highest increases were registered in Greece (18.4% to
The outlook for Cyprus`s banking system remains negative, says Moody`s Investors Service in a new Banking System Outlook published Thursday evening entitled "Banking System Outlook: Cyprus." At the same time Moody`s expects
Cyprus has made preliminary plans to take up to 10 bln euros from international creditors to recapitalise the island's struggling banks, its central bank governor said on Friday. Cyprus is now awaiting
Cyprus could agree to a bailout deal with euro zone finance ministers by mid-December and get a first tranche of funds to shore up its banks by the end of January, its
One of the gas turbines with an output capacity of 75 megawatts is ready for operation once the whole Unit 4 at Vassiliko power station is up and running, some time before
Laiki Popular Bank reported nine-month losses of 1.67 bln euros, compared to a loss of 292 mln in the same period last year, due mainly to a 350% increase in provisions to
