Cyprus President to meet Greek FM in New York

President of the Republic of Cyprus, Demetris Christofias, will meet in New York, on the sidelines of the UN General Assembly, Greek Foreign Minister Dora Bakoyannis. According to a press release of

Bush admin briefs Congress leaders on Wall St plan

By Kevin Drawbaugh and Richard Cowan WASHINGTON, Sept 18 (Reuters) – The Bush administration is developing a plan to soothe battered financial markets, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben

EU to pursue infringement procedures against Cyprus

The European Commission has decided to pursue infringement procedures against Cyprus and another 11 Member States for failure to implement certain Internal Market Directives into national law. The Commission will refer Austria,

FTSE says Greece’s stock market on negative watch

Greece's stock market will stay on watch for a possible downgrade to "advanced emerging" from its current "developed market" status, global index compiler FTSE said following an annual review of country classifications.

Cyprus to crack down human trafficking

Cyprus Minister of the Interior Neoclis Sylikiotis said that the criminal act of human trafficking and other such phenomena cannot be accepted , noting that soon the action plan for the implementation