President-elect Barack Obama's economic team is urgently overhauling the $700 billion financial rescue package to broaden its scope beyond Wall Street, The Washington Post reported on Friday. Treasury Secretary nominee Timothy Geithner
Cyprus Gross Domestic Growth (GDP) grew by 0.6% in the third quarter of 2008, confirming the Cypriot economy's strong resistance to the global financial crisis, according to figures released today by Eurostat,
The Seasonally adjusted unemployment in Cyprus reached 3.9% in November 2008, recording the third best unemployment rate in the EU after the Netherlands (3.7%) and Austria (3.8%), according to figures released today
Greek Prime Minister Costas Karamanlis said on Thursday his new cabinet will make a fresh start with a special focus on the poor in a bid to boost ratings hit by riots,
AKEL (Progressive Party of the Working People) is set to elect its new Secretary General on January 21st, who will replace current Secretary General and President of the Republic Demetris Christofias. The
FIFA, UEFA, and a high-ranking delegation from the Cyprus Football Association (CFA) will discuss next Monday the prospects for the reintegration of Turkish Cypriot football clubs into CFA. ''A meeting has been
British Prime Minister Gordon Brown will hold talks on the economy with German Chancellor Angela Merkel in Berlin next Wednesday, after signs of tension emerged between the two EU heavyweights. A day
Hundreds of thousands of people across the Balkans went without heating on Thursday, some hospitals closed and more factories were idle as the impact on the hardest-hit region in the Russia-Ukraine gas
The United Nations may need to offer more help to the Cyprus peace process if it is to succeed, Turkish Cypriot leader Mehmet Ali Talat was quoted as saying on Thursday. Talat,
Bleak export data from Europe's biggest economy and a wave of profit warnings and job cuts soured investor sentiment on Thursday after an employment report suggested U.S. job losses in December could
