House wants Cyprus President to resign over blast

The Cyprus House of Representatives approved on Friday a resolution calling on President Demetris Christofias to take responsibility attributed to him by an indepedent inquiry into a deadly blast at a naval base last July,

Greek parties ignore appeal for rapid compromise

Greece's ruling socialists and opposition conservatives offered rival plans for saving the nation from bankruptcy and safeguarding its euro zone membership, ignoring an appeal from the president to cooperate on tackling the

Moody’s cuts Cyprus ratings by two notches

Moody's Investor Service said it cut the Cyprus sovereign ratings by two notches from Baa1 to Baa3 with possible review for a further downgrade. The rating agency said the downgrade reflects the high likelihood

Greek PM faces knife-edge survival vote

Greek Prime Minister George Papandreou faces a knife-edge confidence vote on Friday after his plan for a referendum on a bailout — supposed to save both Greece and the euro zone from