Cyprus celebrates Independence Day

President of the Republic of Cyprus Demetris Christofias has said here Wednesday that the Greek Cypriot side pursues the peaceful reunification of the island on the basis of a bi-zonal, bi-communal federation.

Barroso urges stronger EU financial supervision

The EU needs stronger European financial supervision and greater consistency in national deposit guarantee schemes to stabilise the financial system, European Commission President Jose Manuel Barroso said. Barroso said the existing system

Cyprus president: disastrous to perpetuate partition

Cypriot President Demetris Christofias, who leads the Greek Cypriot community, appealed on Tuesday for reconciliation with the Turkish Cypriots, saying permanent partition would be disastrous for the island. Christofias started reunification talks