Cyprus has historic chance to end division-EU

The European Commission urged estranged Cypriots on Thursday to seize a "historic chance" to reunite their island, split by a conflict spanning decades and troubling Turkey's bid to join the EU. Commission

EC warns Cyprus over driving licences

The European Commission has issued reasoned opinions against Cyprus, Portugal and the Czech Republic for not yet communicating the measures to transpose into national law a Community directive on driving licences. The

Oil rises towards $69 on Nigeria attack

Oil rose towards $69 a barrel on Thursday after Nigeria's main militant group shut down one of Royal Dutch Shell's pipeline junction points, heightening concerns about supplies from the region. U.S. crude

Cyprus business sentiment worsens in June

The Cyprus Business climate in June 2009 deteriorated by 2.1 units month-on-month to 63.3 units according to the Business and Consumer Surveys conducted by the Economic Research Centre of the University of

EU aid for Turkish Cypriot schools

The European Commission has awarded grants worth from 16,000 to 50,000 euros to 17 schools in the northern part of Cyprus. Projects cover a variety of fields ranging from establishment of computer