Turkish jets have stepped up sorties over inhabited Greek islands, increasing tensions between Aegean neighbours Greece and Turkey, Greek Foreign Minister Dora Bakoyanni said in an interview. Bakoyanni told Reuters she would
President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will be meeting on Friday, in the context of direct negotiations to solve the Cyprus problem, to
Greek President Karolos Papoulias has stressed that the Cyprus problem is a problem of invasion and illegal occupation of part of a sovereign state, member of the UN and the European Union.
The Cyprus Stock Exchange (CSE) has been designated as a “recognized stock exchange” for tax purposes by the UK organisation HM Revenue & Customs (HMRC). The designation came into effect from June
Oil dipped below $69 a barrel on Wednesday, falling back after U.S. industry data showed gasoline reservoirs swelled unexpectedly, despite growing geopolitical troubles in some OPEC member countries. By 1425 GMT, U.S.
The world's rich lost nearly 20 percent of their total wealth in 2008 as volatile markets wiped out two years of growth, a Merrill Lynch study showed on Wednesday. The total value
Oil dropped to under $69 a barrel on Wednesday, falling back after U.S. industry data showed gasoline reservoirs swelled unexpectedly. By 1125 GMT, U.S. crude for August delivery was down 46 cents
British retail sales fell at an unchanged pace in June, though orders placed with suppliers picked up, a survey by the Confederation of British Industry showed on Wednesday. The CBI's distributive trades
A severe U.S. recession will bottom out this year, but any recovery will be weak due to anemic markets and shrunken consumer wealth, the Organization for Economic Cooperation and Development said on
The Cyprus government has sent before the House of Representatives a Supplementary Budget amounting to EUR 48.4 mln for the hiring of 1,195 new employees in the public sector. The Minister of
