There is a clear danger either for the Greek Cypriot side to be forced to take part in an international conference on the Cyprus issue, that will function as a tool for arbitration, or for declaring a stalemate in the negotiations, for which both sides will be blamed on an equal footing, House President Yiannakis
More
Cyprus recorded one of the highest increases in unemployment among EU member states, together with Spain and Greece, from November 2010 to November 2011, according to Eurostat figures published on Friday. Cyprus unemployment in November 2011 stood at 9.1% in relation to 6% in November 2010, just below the EU average of 9.8%. Unemployment in
More
Despite recent rainfall, people need to continue to be prudent with the use of water, as levels at dams are still well behind last year’s, Agriculture, Natural Resources and Environment Minister Sophocles Aletraris has said. Aletraris, said that “we have had significant amounts of rainfall and significant flow of water (in the dams) but I
More
Turkish lender Halkbank , little known outside Turkey, has gained a reputation in the oil market over the past 18 months for handling transactions that other banks fear to touch – trade deals with Iran. Now a new law signed by President Barack Obama last Saturday, which imposes U.S. sanctions on financial institutions dealing with
More
European Central Bank policymaker Athanasios Orphanides called for euro zone leaders to abandon plans to make private sector investors help reduce Greece's debts, but his push showed no sign of gaining any traction in Europe's capitals on Friday. Orphanides, who is also the central bank governor of Cyprus, said in a newspaper column that dropping
More
Some 425 mln euros ($549 mln) in Greek government subsidies to farmers were incompatible with EU law and will have to be returned, a European Commission spokesman said on Thursday. Details of precisely when the farmers must return the money will be decided after the Commission formally adopts a decision and publishes this in the
More
* Expert says EU debt crisis largely out of Denmark's hands * Euro outsider Denmark will strive during its six-month presidency of the European Union to make sure Britain does not stray too far from the fold as the EU grapples with a debt crisis. Denmark, which took over the presidency on January 1, is
More
. On innovation and research / The Cyprus Institute BY DR. ANDREAS PITTAS I have been reading with great interest for some time the articles in the press about the Cyprus Institute. In all cases, and now more than ever, I wonder if the accusers know even a little about research, academic life and its
More
. BY SHAVASB BOHDJALIAN US Treasuries delivered the best return in 2011, with the 10-year benchmark up 17% on the year, well above the 10% return for gold and 8% for oil, while bonds in Germany and the UK also delivered a fantastic return. The euro, Best Replica Watches threatened by a growing credit crisis
More
. Environment Commissioner Charalambos Theopemptou has issued an eight-point working plan for the new mayors and town councillors who were sworn in on Monday. We endorse his suggestions and propose that the newly elected and those who retained their seats work hard and in concert to make this a better place, now and for future
More