Richest Greeks lose 61% of fortunes

Cypriot millionaires have appeared for the first time in the annual Greek Rich List, an ethnic spin-off of the Sunday Times Rich List, that also saw the Greeks and Greek Cypriots in

EU urges Cyprus to boost ‘sustainable tourism’

A senior European Commission official is meeting with tourism industry stakeholders this week, urging them to adopt new ways to promote tourism, by making Cyprus a more sustainable destination. Francesco Ianniello, Head

EIU affirms Greece BBB, outlook negative

The Economist Intelligence Unit affirmed on Friday its BBB rating for Greece's sovereign risk with a negative outlook. Greece's poor rating—two bands lower than the median of its eurozone peers—reflects structural problems