Inflation eased in August as the consumer price index increased by 2.9% compared with 3.7% in July 2011 and 3.2% in August 2010. Compared with the previous month, prices increased by 0.05%.
* Is Cyprus next? * Prime Minister Tayyip Erdogan said on Tuesday Turkey was freezing defence industry trade with Israel and stepping up Turkish naval patrols in the Eastern Mediterranean, deepening Ankara's
Scores of Libyan army vehicles have crossed the southern desert frontier into Niger in what may be a dramatic, secretly negotiated bid by Muammar Gaddafi to seek refuge in a friendly African
* Awaits details of new fiscal package * Standard and Poor's said on Monday Cyprus's sovereign ratings remained on a credit watch pending the outcome of consultations for a new economic austerity
President of the Republic Demetris Christofias appears on Monday before a Commission of Inquiry, set up by the Cabinet, to look into the circumstances that have led to a massive explosion at
Libyan forces failed to convince Muammar Gaddafi loyalists on Sunday to give up one of their last strongholds without a fight, raising the prospect of an assault on the town of Bani
Greek Prime Minister George Papandreou on Saturday ruled out snap elections and said his government would succeed in bringing Greece out of the crisis by the end of his term in 2013.
Russian Foreign Minister Sergei Lavrov condemned on Saturday sanctions imposed on Syria by the European Union, saying they "will lead to nothing good". "We have always said that unilateral sanctions will lead
The European Union imposed a ban on purchases of Syrian oil on Saturday and targeted three Syrian firms in an expanded sanctions list meant to intensify pressure against President Bashar al-Assad's government.
European Union governments agreed on Friday to ban imports of Syrian oil and extended sanctions to seven new Syrian individuals and entities to intensify pressure on President Bashar al-Assad's government. The United
