The Cyprus government aims at concluding a deal with the Russian Federation on a second bilateral loan agreement “the soonest possible”. Acting Government Spokesman Christos Christofides said the issue was “delicate” and
International lenders negotiating a bailout for cash-strapped Cyprus are likely to seek cutbacks in its public payroll and some increases in taxation, the Cypriot finance minister said on Tuesday. Officials from the
**Pharmaceuticals and electronics hold up** The index of industrial production for May 2012 fell by 9.8% over the year earlier in May 2011, with manufacturing declining by 8.4%. However, the overall index
Gross output in the hotels and restaurants sectors reached EUR 1.815,7 mln in 2010, up from EUR 1.751,6 mln in 2009 according to the Statistical Service’s annual report entitled Hotels and Restaurants
The Syrian military has stepped up its campaign to drive rebels out of Aleppo, where fighters said they were holding firm, vowing to turn the country's largest city into the "regime's grave".
A German court has handed a 20-year-old apprentice a 227,000-euro ($280,000) bill to cover police costs after he organized an illegal party through the Facebook social network in the southern German town
Economic sentiment in the euro zone fell to near a 3-year low in July as the bloc's economy deepened its slump and businesses became more pessimistic. The 2-1/2 year debt crisis that
Gem Diamonds Ltd reported an increase in production for the first half and said it suspended the formal process of exploring options for its Ellendale mine in Australia. The company said it
Grid failure left more than 300 million people without power in New Delhi and much of northern India on Monday in the worst blackout for more than a decade, highlighting chronic infrastructure
Organisers will hope for fuller stadiums and drier weather to keep up the momentum of the London Olympics on Monday as some of swimming's great names slug it out in a heavyweight
