Luxembourg's Foreign Minister Jean Asselborn warned on Thursday against rushing into changing European Union treaties, saying such a move could be very difficult to implement and that euro zone leaders should rather
Greek Prime Minister Lucas Papademos's crisis coalition cleared its first hurdle on Wednesday night by winning a vote of confidence, but faces a Herculean task keeping fractious parties behind painful reforms needed
October was another good month for tourism with total arrivals rising by 7.5% compared with the year earlier to 259,863 in October 2011 compared with 241,698 in October 2010. Arrivals from Russia
* Noble says 3-9 Tcf, not “more than 10 tcf” * Block 12 may not hold as much natural gas deposits as some led us to believe, with Noble Energy’s initial
* Second gas round could be before year-end, says Minister * Cyprus can benefit from the relative decline of other gas producers in the region, but will have to work quickly to
* Conservatives, Commission conflict on written pledge * Greek conservatives set themselves on a collision course with the European Commission on Tuesday, refusing its request to sign a pledge to meet the terms
Cyprus’ GDP marked a decrease of 0,7% in the third quarter of 2011, compared with the previous quarter, according to estimates published on Tuesday by Eurostat, the statistical office of the European
** Previous quarters revised down ** The destruction of Cyprus’ main power station on July 11th as a result of an armaments blast pushed the economy into recession in the third quarter
** Second gas round could be before year-end, says Minister ** Cyprus can benefit from the relative decline of other gas producers in the region, but will have to work quickly to
British luxury goods group Burberry is to stick with ambitious expansion plans, saying demand in top cities like Hong Kong, London and New York would prove resilient in any downturn. Chief executive
