Real Madrid will give APOEL Nicosia the respect they deserve by fielding a strong team in Wednesday's Champions League quarter-final second leg at the Bernabeu despite holding a healthy 3-0 advantage, said coach Jose Mourinho. The Cypriots have been the surprise packages, reaching the last eight in their first appearance in Europe's premier club competition,
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* Shiarlis pledges to meet 2012 budget deficit of 2.5-2.7%; * Will take further corrective action if needed; * Financial needs for 2012 met by Russian loan * Cyprus Finance Minister Vasos Shiarlis has reassured bankers that the government is ready to support the local commercial banks, in cooperation with the Central Bank, as fiscal
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. Just over a year ago, the Cyprus government announced that subsidies helped employers hire 2,400 university graduates and jobless and that 20 mln euros would be spent in 2011 to promote new schemes and help curb the rise of unemployment. One of these new schemes was ‘Green Skills’, with the Human Resources Development Agency
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. BY GEORGE MOUSKIDES Barring the romantics amongst us, ask anyone if they could imagine life without electricity, the answer would be a resounding ‘’No’’. At the same time it is also a fact that we all must and can live with less electricity. Another fact is that the monthly electricity bill for common areas
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. By Shavasb Bohdjalian The Cyprus Stock Exchange (CSE) has accepted the listing of the Performance Linked Notes of Kappasquare (KPSQ), Zetadynamic (ZETA) and Nugreat (NGRT) on the Emerging Companies Market of the CSE. Eurivex Ltd., a Cyprus Investment Firm regulated by the Cyprus Securities & Exchange Commission (CySEC) (license 114/10) is the Nominated Advisor
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* Tuareg insurgents now hold fabled Saharan trading town * Al Qaeda kidnapping had already frightened off tourists * "Mystic city" bewitched explorers, poets for centuries * Hidden treasures in wisdom, learning of ancient texts When turban-swathed Tuareg rebels swept into Timbuktu on Sunday to plant the flag of their northern Mali homeland, they
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A Greek pensioner shot and killed himself in Athens' parliament square on Wednesday after crying out to bystanders that crippling debts had pushed him to take his life. Suicides have risen in Greece as a deepening economic crisis leaves one in five jobless and countless more struggling to survive on sharply reduced salaries and pensions.
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The European Central Bank held interest rates at a record low of 1 percent on Wednesday and is expected to resist German pressure to flag an exit from its crisis-fighting mode as the euro zone recovery looks increasingly shaky and concerns grow about Spain. Germany's powerful Bundesbank has led a push by central bankers from
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Cyprus and Israel will cooperate to form a bank that will house the enormous amount of data which results from the numerous excavations that are conducted in both countries. In an interview with the CNΑ, Dr. Gideon Avni, Head of the Archaeological Division of the Israel Antiquities Authority and David Gabai, IT Manager of the
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* Power outage revives memories of 2011 disaster * A power failure shut down the main surviving electricity plant in Cyprus early on Wednesday morning, causing a chain of events that led to the collapse of the entire power supply network and plunged the island into darkness. One of the units at the Dhekelia power
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