The European Commission proposed on Wednesday an overhaul of European Union asylum rules, saying it was necessary to fix a system that did not take enough care of refugees' needs. The 27-nation
Cypriot Foreign Minister Markos Kyprianou said on Wednesday a dispute over offshore oil exploration was damaging Turkey's efforts to join the European Union and showed Ankara was becoming unpredictable. Cyprus, an EU
The UK economy will hit a trough in the second quarter of next year and bump along the bottom before recovering in the second quarter of 2010, New Star Asset Management's economist
Britain is to strengthen the regulation of its banking system by giving the Bank of England (BoE) powers to step in as soon as a bank begins to show signs of financial
President of the Republic of Cyprus Demetris Christofias has sent a second letter to UN Secretary General Ban Ki-moon in which he protests the continuation of Turkish harassments against research vessels within
Cyprus Telecommunications Authority (Cyta) and the Syrian Telecommunication Establishment (STE) have signed a package of bilateral agreements, within the framework of their strategic cooperation. According to a press release, issued by Cyta,
Organised international art smugglers, in cooperation or with the tolerance of the Turkish occupation army, have virtually flooded international black markets with stolen icons and other religious and architectural artifacts stolen from
There aren’t many reasons to be cheerful at the moment, but the massive collapse in the oil price is one of them. As recently as July, oil scaled the record-breaking heights of
British recruiters reported a record fall in job appointments and wages in November, a survey showed on Wednesday. Figures from the Recruitment and Employment Confederation published with accountants KPMG showed both permanent
The CySEC announced that at its board meeting on 24 November 2008 it decided, upon a request from Costakis Loizou to grant an exception from the obligation to make a mandatory takeover
