Cyprus - Page 1984

Turkey urged the European Union on Friday to push Greek Cypriots towards a reunification deal for the divided island, saying a window of opportunity in talks could close if there was no

A U.N. official dressed up as Santa Claus brought together children from Cyprus' estranged Greek and Turkish Cypriot communities on Friday, dishing out presents in a rare meeting between the island's two

Oil fell below $36 on Friday to its lowest level in more than four years as the global economic slowdown overshadowed OPEC's record supply cuts. U.S. light crude for January delivery  were

Unprecedented pre-Christmas discounting by Britain's store groups is helping to improve consumer confidence, a survey showed on Friday, but retailers remain gloomy about their prospects heading into 2009. Car dealer Lookers issued

Royal Bank of Scotland on Friday slashed its forecast for China's 2009 gross domestic product growth to 5 percent, from 8 percent, warning about the potential for increasing social tensions as the

The German government will pursue a new package of economic stimulus measures next year that will focus on infrastructure projects such as schools and roads, German Chancellor Angela Merkel said on Friday.

Japan cut interest rates to just above zero on Friday and announced extra steps to ease a credit crunch that has ravaged companies worldwide and plunged leading economies — including its own

The Cyprus House of Representatives, after a three-day debate, approved late Thursday the 2009 state budget, which provides for EUR7.3 bln in expenditure, up 10.6% compared to 2008, and revenue of EUR

The Autumn Eurobarometer shows that general attitudes of citizens towards the EU have, overall, remained stable while their perception of the economic situation and outlook was dramatically affected by the financial crisis.

The European Parliament plenary approved here today by a vast majority the EU 2009 budget. The level of payments is set at 116.096 billion euro which amounts to 0.894 percent of the