Cyprus Finance Minister Charilaos Stavrakis presented the 2009 state budget, which he described as “socially sensitive and balanced” and based on development. The budget was approved by the Cabinet. He said economic
A Regional Operational Meeting on combating Human Trafficking and Money Laundering in the Mediterranean Rim Region will be hosted by Cyprus between 18 -19 September 2008, in Larnaca. The meeting is organised
U.S. President George W. Bush has canceled a planned visit to Alabama and Florida on Thursday to focus on the Wall Street financial crisis, a White House spokesman said late on Wednesday.
British Prime Minister Gordon Brown suffered a new blow on Thursday with a poll showing the opposition Conservatives 28 points ahead of Brown's Labour Party and on track to seize more than
John McCain called for an end to the "casino culture on Wall Street" and Barack Obama demanded protection for ordinary citizens as financial markets stumbled again on news of a government bailout
Oil rose on Wednesday after the U.S. government rescue of American International Group calmed global markets and on rising concerns about the impact of Hurricane Ike on offshore oil rigs in the
The 2009 state budget will focus on development projects, Government Spokesman Stephanos Stephanou has said. He added that the state budget, the first under the governance of President Demetris Christofias, will be
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
