More European governments followed Germany's lead on Monday offering blanket deposit guarantees to savers in a frantic effort to calm fears among investors over the worst financial crisis in 80 years. In
President of the Republic of Cyprus Demetris Christofias believes that there is no “impressive progress” at the direct talks he is engaged in with the leader of the Turkish Cypriot community, Mehmet
Cyprus and Bulgaria signed here today a protocol on enhanced Cooperation to further improve bilateral relations. The protocol was signed by the Ministers of Foreign Affairs of Cyprus and Bulgaria, Markos Kyprianou
The British government promised on Monday it would not leave ordinary savers unprotected in the current financial crisis but said it had no plans to respond immediately to a surprise move by
Cyprus President Demetris Christofias has assured that the government has a plan to protect small businesses in Cyprus from the international financial crisis, noting that the Council of Ministers has recently taken
The German government announced that it will guarantee all private German bank deposits, covering both existing accounts and future ones. Details of the new scheme are unclear, but apparently it will replace
Turkish side’s positions do not leave ground for optimism regarding the outcome of the renew efforts to reach a Cyprus settlement, President of the House of Representatives Marios Garoyian has said. “We
Cyprus ranks first so far on the UEFA country ranking table for the new football season 2008-2009, with 5.666 points, after last week’s results in the European Cups. Anorthosis Famagusta FC beat
Germany offered a blanket bank deposit guarantee as it clinched a deal to rescue lender Hypo Real Estate, while regulators from Washington to Seoul took their own steps to ensure the stability
Oil fell below $94 a barrel on Friday after a report showed U.S. employers slashed jobs in September, the latest indication of the weakening economy of the world's largest oil consumer. Investors
