Pope Francis stressed the "fundamental" importance of women in the Roman Catholic Church on Wednesday, a message hailed as a significant shift from the position of his predecessor Benedict. Supporters of liberal reform of the Church have called on it to give a greater voice to women and recognise their importance to the largest religious
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– Judges asked to find out who made mistakes and how – President says anything related to him should be investigated – Statement follows allegations in opposition media Supreme Court judges will launch an investigation on Thursday into almost a decade of financial profligacy which brought Cyprus to its knees last month, with a mandate
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The European Central Bank is expected to hold interest rates on Thursday but investors will be looking for any signs it is preparing for a cut in coming months to help lift the euro zone out of recession. Despite a recent drop in economic sentiment and falling inflation, a Reuters poll of 73 economists showed
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A group of shareholders in Royal Bank of Scotland is suing the lender and four former directors for losses they claim they incurred when the bank succumbed to a state bailout in 2008. The RBoS Shareholders Action Group has issued proceedings against RBS, Fred Goodwin, Tom McKillop, Johnny Cameron and Guy Whittaker, in the chancery
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Cyprus continues to be an attractive tourist destination, Cyprus Tourism Organisation (CTO) President Alecos Orountiotis has said. Orountiotis, who was addressing the Parliamentary Committee on Financial and Budgetary Affairs, said that after a Eurogroup decision, the CTO has been in touch with tour operators abroad, sending the message that Cyprus continues to be an attractive
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The management of revenues from the exploitation of natural gas reserves, discovered within Cyprus’ Exclusive Economic Zone (AOZ), will be under the full responsibility of the Cypriot government, Minister of Commerce, Industry and Tourism George Lakkotrypis has said. In statements to the press following a meeting with the leadership of the ruling DISY party, in
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The organizations of overseas Cypriots and the Greek-American community in the United States coordinate their efforts to assist Cyprus and its people due to the increasing problems they are faced with because of the economic crisis. A broad meeting took place Wednesday night at the headquarters of the Greek Orthodox Archdiocese of America under the
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Minister of Finance Harris Georgiades, in exercising the powers granted to him by sections 4 and 5 of the Enforcement of Restrictive Measures on Transactions in Case of Emergency Law of 2013, following a recommendation from the Governor of the Central Bank, has issued the Enforcement of Temporary Restrictive Measures on Transactions in case of
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* 10 bln bailout talks concluded, aid to flow in May * Finance Minister Michalis Sarris resigned on Tuesday, just 33 days after being sworn in and having concluded a 10 bln euro bailout deal with international lenders. He will be replaced by Labour and Social Insurance Minister Haris Georgiades, a close associate of President
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The Rolling Stones unveiled details of their biggest tour in six years on Wednesday, playing nine dates in North America as well as two British concerts after a stage comeback last year to celebrate 50 years in music. The band said they would kick off their "50 and Counting" tour in Los Angeles on an
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