Venizelos set to be Greek Socialist leader

Greek Finance Minister Evangelos Venizelos will run unopposed for the leadership of the Socialists, party officials said on Sunday, as the political focus shifts towards a parliamentary election now that Athens has

Syria’s deputy oil minister defects from Assad

Syrian Deputy Oil Minister Abdo Hussameldin has announced his defection on YouTube, becoming the first high-ranking civilian official to abandon President Bashar al-Assad since the uprising against his rule erupted a year

Does wage indexation push up Cypriot unemployment?

**Construction labour costs rise despite recession** The Cyprus construction sector was worth EUR 3.1 bln in 2010 measured in gross output current market prices according to the annual Construction and Housing Statistics