Volksbank Romania S.A. will establish a branch in Cyprus and its main business drivers will be small and medium sized enterprises, and private individuals. Volksbank has operated in Romania since 2000 and
The European Commission has adopted the multiannual programme under the External Borders Fund 2007-2013 for Cyprus for an estimated amount of EUR 22 mln. "With the approval of this multiannual programme, Cyprus
High ranking officials from Cyprus, Greece, Italy and Malta met in Nicosia to draft a common paper regarding the challenges they face in the area of migration and asylum that is expected
U.S. Securities and Exchange Commission chairman Christopher Cox, responding to heavy criticism, said in an interview published on Wednesday he takes pride in his response to the U.S. financial crisis. "What we
A French executive who invested with accused swindler Bernard Madoff was found dead in an apparent suicide on Tuesday, reportedly distraught over losing up to $1.4 billion in client money. The death
Cyprus government plans to increase its golf courses to 14 in a bid to enrich its tourist product, Cypriot Minister of Commerce, Industry and Tourism Antonis Paschalides said. Paschalides met with Cypriot
The U.S. economy shrank at a 0.5 percent annual pace in the third quarter as expected after consumers and businesses cut spending and the country's recession gathered steam, government data showed on
Russia, the world's top gas exporter, hosted the founding of a formal gas producers' group on Tuesday but faced criticism from OPEC for refusing to join in cutting oil output to support
Cypriot prosecutors filed charges in court on Tuesday against five people for a 2005 plane crash which killed 121 people in Greece's worst air disaster. The Helios Airways Boeing 737-300 was travelling
Britain's economy shrank by more than previously thought in the third quarter and for the first time since the early 1990s, official data showed on Tuesday, raising concerns the UK is heading
