Cypriot MP briefs PACE President on Cyprus

Aristofanis Georgiou, head of the Cypriot delegation to the Parliamentary Assembly of the Council of Europe, met today with PACE President Lluis Maria de Puig whom he briefed on the current phase

EU seeks to end bank bonuses for failure

 Banks should be allowed to claw back staff bonuses when performance claims prove to be bogus, the European Commission said on Wednesday, pledging legislation on pay oversight. Bankers' bonuses should not encourage