The House of Representatives approved bailout legislation on Wednesday that would force U.S. automakers to restructure or fail, sending the measure to the Senate where prospects for passage appeared grim. "Gonna be
Gross Domestic Product in Cyprus grew by 3.5% in the third quarter of 2008, by comparison to the corresponding period of last year, according to estimates by CyStat, the Cyprus Statistical Service.
Cyprus ranks 22nd in Mathematics and 33rd in Science among school pupils from 60 countries around the world. According to a 2007 research carried out by TIMSS (Trends in International Mathematics and
China's exports and imports shrank unexpectedly in November as the world's fourth-largest economy slowed in a startlingly abrupt way in response to the global credit crunch. The drop in exports from year-ago
Greece’s Panathinaikos FC has brought an end to Anorthosis Famagusta FC's remarkable European campaign, clinching a place in the UEFA Champions League knockout stage for the first time in seven years. A
Cyprus Airways flights to Greek destinations have been cancelled due to the 24 hour general strike across Greece on Wednesday. Spokesman for the national carrier, Kyriakos Kyriakou told CNA today that extra
Cyprus' bid to be established as a financial services centre has gained a new momentum after the signing of a Memorandum of Understanding (ΜοU) between the Cyprus Securities and Exchange Commission (CySec)
President of the Republic of Cyprus, Demetris Christofias, departs today for Brussels to participate in the European Council. The EU -27 heads of state and government will mainly discuss the world financial
Greece's two largest union federations held a nationwide general strike on Wednesday in protest at the conservative government's policies, as anger at economic hardships fuelled the worst riots in decades. Here is
Prime Minister Yulia Tymoshenko on Wednesday pronounced Ukraine's political crisis over and vowed to bring in "new people" to a strengthened government team to tackle the effects of the world financial crisis
