Government debt in Cyprus increased by 7.6% during the third quarter of 2011, compared to the third quarter of 2010. In Greece, Portugal and Ireland were recorded the highest increases of government
The Cyprus Institute, with another nine partners, is carrying out research in solar energy. The kick-off meeting of the OPTS project (Optimization of a Thermal energy Storage system with integrated Steam Generator),
The pediatric clinic of the Archbishop Makarios III Hospital in Nicosia and King's College Hospital in London have signed a memorandum of cooperation in the sectors of liver and gastrointestinal diseases. Cypriot
Peeling paint flakes from Athens' Olympic park. Its entrances locked, this once sparkling edifice to sporting greatness lies rotting and largely unused — maintenance costs too high for near-bankrupt Greece to operate.
Irish low-cost airline Ryanair announced 26 new routes from Budapest on Friday in a move to capitalise on the grounding of Hungarian airline Malev over unpaid debts. Hungarian flag-carrier Malev ceased operating
Hungarian flag-carrier Malev ceased operating early on Friday morning after 66 years of almost continuous service, after its planes were held overseas for unpaid debts. Hungary's national airline had been placed under
Fitch Rating downgraded on Thursday three Cypriot banks by one notch since finding private capital to cover their capital needs until June will be difficult. Fitch downgraded the three banks to BB+
Hackers associated with the activist group Anonymous posted a protest against Greece's EU and IMF-inspired austerity policies on the website of the country's justice ministry on Friday, a ministry spokeswoman said. The
The Cyprus government is considering selling most if not all of its majority stake in troubled state-controlled Cyprus Airways to shore up the national carrier’s ailing finances. The airline has gone through
Russia’s Deputy Minister of Energy Yury Sentyurin will be visiting Cyprus next week for the Russia-Cyprus Business and Investment Forum to take place Friday 10th in the coastal town of Limassol. Sentyurin
