Germany confirmed on Tuesday that Romania was in talks with the International Monetary Fund (IMF) to secure aid as it faces up to liquidity problems due to its reliance on external financing
President Barack Obama said on Tuesday he saw little hope of near-term improvement in the U.S. economy after a staggering drop in gross domestic product in the final three months of last
The European Union can help any struggling euro zone member, it said on Tuesday, as British UK Prime Minister Gordon Brown took Europe's views on taming the financial crisis to President Barack
Minister of Labour and Social Insurance Soteroula Charalambous said on Tuesday that the government intends to continue monitoring the sustainability of social security systems and especially pension schemes, and if necessary is
The Cyprus government will contribute the sum of one million dollars for the reconstruction of Gaza. The announcement was made on Sunday by the Minister of Foreign Affairs Markos Kyprianou at Larnaca
Cyprus’ reunification would have a decisive influence on Turkey’s closer relations with the European Union, Swedish Minister of Foreign Affairs Carl Bildt has said. Presenting recently at the Swedish Parliament his government's
Minister of the Interior Neoclis Sylikiotis has underlined the importance of foreign investment in Cyprus, saying that Russian investors are interested in setting up an international tennis school in Cyprus. Apart from
Jailed Russian oil tycoon Mikhail Khodorkovsky arrived at a Moscow court on Tuesday at the start of a new trial for money laundering and embezzlement, a Reuters reporter at the courtroom said.
President of the Republic of Cyprus, Demetris Christofias, has said that the world economic crisis has not affected Cyprus’ banking system. Speaking at the informal European Council, which took place in Brussels,
CNP Marfin Insurance Holdings Ltd, the newly formed company from the partnership agreement between France’s leading insurance company, CNP Assurances and the insurance companies of the Marfin Popular Bank of Cyprus, is
