Germany posted its first rise in unemployment in almost three years on Wednesday, a day after the global economic downturn forced U.S. aluminium giant Alcoa to announce 15,000 job cuts and slash
Greek Prime Minister Costas Karamanlis will reshuffle his conservative cabinet on Wednesday in an effort to reverse its sliding popularity due to riots and discontent with economic measures. A government statement said
The Cyprus government continues to supply the island’s northern Turkish occupied areas with gas, responding to a request by the Turkish Cypriot community. Commerce, Industry and Tourism Minister Antonis Paschalides said Tuesday
Average rents for U.S. apartments fell in the fourth quarter, as a sharp economic downturn and rising unemployment left Americans unwilling to pay higher prices, according to data released on Wednesday. Rents
British Prime Minister Gordon Brown will announce plans to spend 140 million pounds ($205 million) to create an extra 35,000 apprenticeships later on Wednesday, his office said in a statement. Brown pledged
A high-profile Chinese lawyer demanded on Wednesday that the government open its books to the public in an unusually direct display of the legal activism that the Communist Party sees as a
The EU-harmonised inflation rate (H ICP) in Cyprus fell for the second consecutive month in December, by 1.01% compared with a fall of 1.2% in November. The largest fall was recorded in
The two community leaders in Cyprus reached agreement Monday on the issue of harmonisation and cooperation between the federal government and the constituent states. This was achieved during their first meeting of
The leaders of the two communities in Cyprus will hold today their first meeting for 2009 in the framework of the UN- led negotiating process, which began in September with a view
Cautious New Year optimism rippled through Asian and European stock markets on Monday as investors waited for news of tax cutting plans in Germany and the United States. The upbeat mood was
