World leaders must not waste any time in talks on new rules for financial markets, German Chancellor Angela Merkel said on Tuesday, adding she hoped agreement could be found in the coming
The government of the Republic of Cyprus has placed the issue of drugs as its top priority since March 2008, said on Monday President Demetris Christofias, addressing the 51st International Council of
Australia slashed interest rates on Tuesday, presaging cuts expected in Europe later this week in the face of mounting evidence that the global financial crisis has already pushed much of the world
Fitch downgraded the Bank of Cyprus (BOCY) long term issuer default credit rating estimating that the acquisition of Uniastrum Bank in Russia increases the risks of the Group. According to Fitch, the
President of the Republic of Cyprus Demetris Christofias said here Monday he will announce whether or not progress in the direct talks for a Cyprus settlement has been achieved only when he
Cyprus Minister of Justice and Public Order Kypros Chrysostomides said that the Euro, the common currency of the 15 countries comprising the Euroarea, should be protected from counterfeiting at all cost. ''We
Cyprus and Greece have signed a Memorandum of Cooperation in the fields of employment and social insurance. The MoC was signed here Monday by Cypriot Minister of Labor and Social Insurance Sotiroula
The euro zone is already in a technical recession and economic growth will come to a virtual standstill next year, the European Commission said on Monday, calling for coordinated action to support
OPEC members might have ignored output limits in the past, but they mean business now after oil prices shed more than half their value in three months and financial turmoil has crushed
President of the Republic Demetris Christofias has said that the government, without ruling out any consequences due to the global financial crisis, is following a ''calculated financial and social policy'' and will
