House President Marios Garoyian has stressed that the Republic of Cyprus will continue to claim, without any discount, the right of the refugees to return to their homes. Speaking yesterday to Karmi
Prime Minister Gordon Brown will try to kickstart the stalling British economy on Monday by spending billions of borrowed pounds on tax cuts in a bid to stop a recession turning into
German corporate sentiment fell sharply in November to its lowest level since February 1993 as manufacturers and retailers grew more gloomy about the economic outlook, a leading survey showed on Monday. The
The United States, China, Japan and 18 other economies in Asia and the Americas promised fast and decisive action on Sunday to prevent a severe global economic downturn. With recession gripping parts
The U.S. government agreed to prop up troubled No.2 bank Citigroup Inc with more than $300 billion, the latest bailout in a sector crippled by exposure to toxic mortgage debts and a
By some measures, sterling's recent slide is even greater than the fall in late 1992 when it was ejected from a group of European currencies, but the chances of a repeat rescue
Cyprus has one of the highest gender specific income gaps in the European Union, EU Commissioner for Employment, Social Affairs and Equal Opportunities Vladimir Spidla said. Addressing Friday a conference in Nicosia
Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the bleak prospect of deflation. The Bank of Japan left its key interest rate
The European Commission's economic stimulus plan will include a significant budgetary expansion for European Union members, the president of the EU's executive arm said on Friday. Commission President Jose Manuel Barroso also
Greece gave final approval to a EUR28 bln bank support plan aimed at ensuring access to loans for small- and medium-sized businesses, which make up over half its slowing economy. Parliament approved
