The government remains committed to achieving necessary structural changes and fiscal targets set, so that a return to growth is possible, Cyprus Ministry of Finance has said on Wednesday. A ministry press
Minister of Labour and Social Insurance Sotiroula Charalambous has handed over to the Cyprus Airways Board of Directors and the employees union on Wednesday the government’s plan for the company’s restructuring. A
The flow of deposits in the domestic banking system continued in April for the third month running, according to data released by the Central Bank of Cyprus. The Bank announced on Wednesday
Cyprus should take additional measures to reduce government spending and reform the health and pensions sectors in order to meet a national stability programme and for the economy to return to a
Ten years ago Cyprus was enjoying full employment and Germany was struggling with high jobless rates. Ten years later, Cyprus's unemployment has hit 10% and Germany's is just 5.6%. This could be
France will miss its deficit goal next year without additional spending cuts and tax reforms, the European Commission said on Wednesday, sending a message to new French President Francois Hollande that his
* Minimal impact from Greece * Hellenic Bank, the third largest lender in Cyprus where the Church has a significant stake, reported 8 mln euros in net profits for the first quarter,
UEFA have suspended Besiktas from European competitions for one year due to the Istanbul club's financial problems, Turkish media reported on Wednesday.
People who had taken aspirin, ibuprofen and related painkillers – especially at high doses and for years at a time – were less likely to get skin cancer compared to those who
Greece's pro-bailout conservatives are leading ahead of a national parliamentary election next month that may determine whether the country remains in the euro zone, an opinion poll showed on Wednesday. Greece was
