The 11th European Tourism Forum opened here today, in the framework of Cyprus Presidency of the Council of the European Union, focusing on tourism as an area of growth and job creation in Europe. The two-day Forum was organized for the first time in 2002 and has become an important annual institution for European tourism.
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The Plenary of the European Parliament has adopted a resolution calling on all parties involved to help European citizens understand fully and exploit the benefits of the Single Market. The resolution points out that the EU citizens still do not benefit fully from the single market. It also stresses the difficulties of registering cars abroad,
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The European Parliament rejected on Thursday by 325 votes to 300, with 49 abstentions, the appointment of Yves Mersch to ECB Executive Board, as proposed by the Council. During today’s session, the European Parliament Plenary adopted by a narrow margin the proposal recommended by the Economic and Monetary Affairs Committee, to deliver a negative opinion
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EU Ministers adopted Thursday, for the first time, Council conculsions on the protection of soft targets from terrorist attacks. The conclusions were adopted by the Ministers of Justice and Home Affairs during the JHA Council, which took place in Luxembourg under the Cyprus EU Presidency. The adoption of the conclusions was an initiative of the
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Paolo Gabriele, Pope Benedict's former butler who was convicted this month for stealing papal documents and leaking them to the media, will be moved from house arrest to a Vatican jail cell, the Vatican said on Thursday. A statement said Gabriele would moved later on Thursday to the Vatican's police station to carry out the
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Ford Motor said it will reduce production capacity in Europe by 18 percent, or 355,000 vehicles, and cut 6,200 jobs to bring its European operations back into profit. The U.S. automaker said it will close three facilities in Europe, among other restructuring efforts that will save about $450 million to $500 million in annual costs.
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Britain's finance minister George Osborne said on Thursday the latest gross domestic product figures showed that the economy was on the right track but there were still challenges lying ahead due to weak data coming from the euro zone. "There is still a long way to go, but these figures show we are on the
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Amid the fanfare accompanying the noisy launch of the iPad mini this week, Apple Inc also took the wraps off new Mac computers. The facelift may help revitalize an important lineup that — while seeing growth tail off in the early part of 2012 — yields 14 percent of revenue and still racks up sales
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Gulf Publishing Company is pleased to announce that Noble Energy will host the inaugural Eastern Mediterranean Gas Conference (EMGC) in Nicosia, Cyprus, on 26-28 March 2013. Approximately 35 trillion cubic feet of gross resources of natural gas await development in the Cypriot and Israeli sectors of the Eastern Mediterranean. Subsea development, drilling and production; subsea
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The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing taxpayers more than $1 billion of losses by selling thousands of toxic mortgage loans to Fannie Mae and Freddie Mac. Wednesday's case, originally brought by a whistleblower, is the U.S. Department of Justice's first civil fraud lawsuit over mortgage
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