Manchester United itself set out in plain language the importance of Alex Ferguson when the Premier League soccer club floated on the New York stock exchange last year. "Any successor to our current manager may not be as successful as our current manager," United said in the risk factors section of official documents that
More
Russia and the United States agreed to seek new peace talks with both sides to end Syria's civil war, but opposition leaders were skeptical on Wednesday of an initiative they fear might let President Bashar al-Assad to cling to power. Visiting Moscow after Israel bombed targets near Damascus and as President Barack Obama faces
More
The severe financial crisis that started with the Eurogroup meeting on 15th March appears to have led to almost immediate deflation in Cyprus, with the consumer price index dropping over the year earlier by 0.3% in April. Compared with the previous month, prices fell by 0.5%. The Statistical service said that this was mainly due
More
The budget deficit under the previous government came in at EUR 1,127.3 mln, or 6.3% in 2012, the same percentage recorded in 2011. Overall revenue edged up by only 0.2% despite a 2 percentage point increase in VAT among other things, while overall expenditure rose by 0.2% despite cuts implemented in late 2011. The revenue
More
The Industrial Output Prices Index for March 2013 reached 137.7 (base 2005=100), recording a decrease of 0.1% compared with February 2013. The Manufacturing index in the same period reached 125.5 units, rising by 0.6% compared with February 2013. In the period January-March 2013, the output prices index rose by 2.1% compared with the corresponding period
More
Three people were killed and six are missing after a container ship crashed into a control tower in the northern Italian port city of Genoa late on Tuesday, the Coast Guard said. The tower, which was more than 50 metres (160 feet) high looked much like the ones common at airports, collapsed after being struck
More
– Bulgaria and Romania joined European Union in 2007 – Countries still struggling to make their voices heard – EU wants them to take steps on justice, crime issues – Bulgaria headed towards divisive election on May 12 Addressing an audience of dignitaries in Luxembourg in 2005, Bulgaria's then prime minister extolled the virtues of European
More
– Black market sales amount to 20 percent of seafood sold – Conservation group urges tracking fish from source to consumer Fish piracy – seafood caught illegally, not reported to authorities or outside environmental and catch regulations – represents as much as $10 billion to $23 billion in global losses each year, a non-profit conservation
More
We did the best that was possible so that the Cypriot debt would remain sustainable and the European taxpayers would not to be burdened because of the investment risks taken by the two Cypriot banks”, Eurogroup President Jeroen Dijsselbloem has said in response to criticisms by Members of the European Parliament on dealing with the
More
In a written statement President of the Republic Nicos Anastasiades pointed out that public statements attempting to postpone exploitation of energy resources of Cyprus’s Exclusive Economic Zone, strengthen Turkish intransigence and do not help at all the efforts for a Cyprus solution. President Anastasiades also reiterates that “it composes a sovereign right of the Republic
More