The new downgrading of Cyprus’ sovereign credit rating by Ratings agency Standard and Poor’s was unfortunately something the government had expected, Acting Government Spokesman Christos Christofides said. He said the agency rating
Austerity is not the answer to unemployment, Director of the Office of the President Christos Christofides has said, in his address to an international conference of EU students on “The crisis is
Children are more exposed to the risk of poverty and social exclusion than the overall population of the EU. Today 115.7 million (23.4%) people in the EU are exposed to the risk
There is an urgent need for the occupied Monastery of Apostle Andreas in the Karpass peninsula to be restored soon, based on the plans prepared by academics of the Greek University of
Cyprus and another six EU member states (Austria, Ireland, the Netherlands, Germany and Luxembourg) exceeded their milk quotas in 2011/2012, triggering "superlevy" penalties of about € 79 million, according to Commission figures
The debate on the need for austerity or growth and ways to exit the financial crisis in Europe dominated the 3rd Limassol Economic Forum, which took place on Wednesday Hundreds of businessmen
Cyprus said on Wednesday it expected talks to start with lenders on badly needed aid next week, as ratings agency Standard & Poor's pushed it deeper into junk territory, implying domestic political
The frontrunner to win Cyprus's presidential election said on Wednesday he would form a coalition government focused on investment-oriented growth and job creation on the island, battered by exposure to debt-crippled Greece.
Astronomers have found a new planet, the closest yet outside our solar system and just an astronomical stone's throw away at four light years. Researchers say it is too close to its
Government Spokesman Stephanos Stephanou said that a meeting scheduled for Wednesday between the Government and the economic teams of the political parties aims at reaching convergences and not record divergences regarding government
