The Council of Ministers decided Wednesday to apply to the European Union in order to proceed with a national outlay, to support farmers who suffer from the consequences of the severe drought
European Parliament (EP) President Hans-Gert Poettering launched EuroparlTV, the Parliament's own webTV channel. As from today anyone with Internet access will be able to watch a regularly changing set of programmes based
Global stocks rallied on Wednesday after a bailout of cash-strapped insurer AIG halted a two-day equities fall, but interbank lending rates stayed high and U.S. share futures weakened, suggesting the recovery was
Oil rebounded on Wednesday after the $85 bln U.S. government rescue of insurer American International Group appeared to reassure global financial markets. U.S. light crude for October delivery was up $2.70 at
Greek Minister of Foreign Affairs Dora Bakoyiannis has expressed hope that the new effort to solve the Cyprus problem, under UN auspices, will be successful. Bakoyiannis warned Turkey that its EU accession
The Russian Ministry of Foreign Affairs has announced the appointment of Vyacheslav Scumskiy to the post of Ambassador of the Russian Federation to the Republic of Cyprus. The decree was signed by
A record rate of foreclosures probably kept many U.S. home builders off the job last month, pushing the rate of groundbreaking for new homes to its lowest level in more than 17
Asian stocks rose and oil jumped more than $3 on Wednesday after the U.S. government bailed out cash-strapped American International Group in a dramatic about-face to stem further damage to the global
Commercial General Insurance Ltd has reached an agreement with the Greek insurance company EFG Eurolife General Insurance SA for the disposal to the latter of its wholly owned subsidiary in Greece, Activa
Greece's conservative government has fallen behind the socialist opposition for the first time in years, hit by corruption allegations and a slowing economy, an opinion poll showed on Tuesday. Prime Minister Costas
