UN envoy to asses Cyprus situation

UN Secretary-General Ban Ki-Moon has decided to dispatch to Cyprus the Under-Secretary-General for Political Affairs Lynn Pascoe as leader of an assessment team, to engage in dialogue with all the involved parties,

Cyprus University to expand entrance criteria

Minister of Education and Culture Andreas Demetriou has said that the state Universities of Cyprus plan to introduce new admission standards for students of minority communities and Cypriot repatriates. Cyprus has three

EC proposes measures to tackle VAT fraud

The European Commission adopted proposals for the amendment of the VAT Directive and the VAT Administrative Cooperation Regulation to speed up the collection and exchange of information on intra-Community transactions from 2010

US dollar caught in Fed, ECB cross-fire

By Emily Kaiser WASHINGTON, March 17 (Reuters) – The U.S. Federal Reserve is poised to cut interest rates again this week while the European Central Bank remains on hold for a while,