Polish MEP Artur Zasada said Wednesday he feels that Cyprus is becoming a much more powerful country within the EU. Speaking after a meeting with President of the House of Representatives Yiannakis Omirou, the Polish MEP expressed the hope to visit again Cyprus during next the year, not only because of Cyprus EU Presidency in
More
The abbot of one of Greece's richest and most powerful monasteries went to jail on Wednesday awaiting trial for hoodwinking the government in a high-profile land swap deal six years ago. Cypriot-born Efraim, 56, chief of the Vatopedi Monastery at the monastic community of Mount Athos, is accused of inciting officials to commit acts of
More
Cyprus-based lender Marfin Popular is to to sell its stake in Estonian subsidiary Marfin Pank Eesti AS to Ukrainian firm Ukrselhosprom Pcf LLc for 6.6 million euros ($8.6 million). Marfin, which controls 70.54 percent of the Estonian concern, said on Tuesday the deal was expected to be completed by the end of February at the
More
Hackers who have shut down websites by overwhelming them with Web traffic could use the same approach to shut down the computers that control train switching systems, a security expert said at a hacking conference in Berlin. Stefan Katzenbeisser, professor at Technische Universität Darmstadt in Germany, said switching systems were at risk of "denial of
More
Hamburg businessman and entrepreneur Werner Otto, founder of the mail-order company OTTO and the shopping centre developer ECE, died on Wednesday, December 21, at the age of 102 in Berlin, his family announced. Werner Otto was one of the last post-war trade pioneers who had considerable influence on Germany's economic, socio-political and social development due
More
A ballot initiative requiring Los Angeles porn actors to wear condoms has qualified to go before city voters in a presidential primary election in June, organizers said Tuesday. America's second-largest city is home to the multibillion dollar U.S. porn industry, which health advocates say is riddled with sexually transmitted diseases. The AIDS Healthcare Foundation said
More
Government Spokesman Stephanos Stephanou has said Tuesday that the government has decided to adopt a plan aiming at motivating air companies in order to increase tourism in Cyprus. In statements made after the Ministerial Council, Stephanou said that a relevant agreement will be signed Wednesday by Minister of Communications and Works Efthimios Flourenzos and Hermes
More
Serbian Football Association has announced that FC APOEL of Nicosia coach Ivan Jovanovic will be declared as the top Serbian coach for the year 2011, following APOEL's achievement to qualify in the last 16 stage of the UEFA Champions League. A press release issued by APOEL FC writes that Jovanovic will be awarded with the
More
Greece's conservative New Democracy party on Tuesday dropped its insistence on holding elections as early as Feb. 19, potentially giving technocrat Prime Minister Lucas Papademos a few more weeks to pass reforms and get a vital debt restructuring deal. New Democracy spokesman Yannis Michelakis said the party could agree to an extension under certain circumstances
More
Saudi billionaire prince Alwaleed bin Talal will move his Rotana entertainment company and a new Arabic television channel to Bahrain, a move that reflects Saudi efforts to back Bahrain's government after its economy was hit by protests. "They are expected to serve as an anchor in the new Manama-based Media City and should be instrumental
More