EU snubs Turkey over Cyprus occupation

Swedish Christian Democrat MP, former MEP, Lennart Sacredeus, believes that the European Union cannot accept as a member state a country which illegally occupies part of another sovereign country, an EU member

Financial rescue plans by G7 and other countries

Governments around the world are announcing rescue plans to support banks and unfreeze credit markets. Over $5 trillion has been committed to bailing out the financial sector, while regulatory reforms loom and

Cyprus prepares rescue plan for the economy

The Cypriot government will announce soon an extraordinary action plan comprising short-term and long-term measures with a view to avert possible problems for the economy, in the event of a prolonged global