Greece said it will stiffen its laws against child pornography after a series of police arrests have dominated the news. Greek Justice Minister Anastassis Papaligouras said the new draft bill will foresee maximum prison sentences of more than 10 years and fines surpassing 500,000 euros for people convicted of producing or distributing child pornography. “We

A computer spammer who hijacked thousands of computers and used them to launch massive ad attacks has been arrested by the FBI and faces charges that could see him serve 50 years in jail if convicted, new reports from Los Angeles said. Jeanson Ancheta, 20, is accused of infecting armies of computers with malicious software

Disgruntled potato growers threatened to disrupt roads and go on an indefinite blockade of major roads following a deadlock in talks with the government over their claims for additional subsidies up to CYP 7 mln to compensate against a poor harvest. They also want CYP 20 mln to voluntarily exit from the profession as they

SFS Group Pcl (SFS) announced that the Securities and Exchange Commission approved the Company’s Prospectus regarding the issue and listing of 26,042,029 share warrants (2005/2007). Specifically, 23,674,572 share warrants will be apportioned to the Company’s shareholders at the rate of 1 share warrant for every 11 shares held on 18 November 2005, while 2,367,457 will

State doctors in Cyprus are threatening to go on a cruise and not to report for work if their demands for better conditions are not met. The doctors have taken a hint from what their colleagues in Belgium and France did when they boarded ships and left as their problems were not solved, but because

Laiki Bank has made its first acquisition of a foreign bank, by purchasing the capital of Belgrade based Centrobanka for EUR 38 mln, according to Serb newspaper reports. A Laiki Bank spokesman said the acquisition is part of the Bank’s stated policy of expanding abroad, especially the Balkans describing Centrobanka as a small, neat, efficient

The number of unemployed persons registered at the District Labour Offices on the last day of October 2005, decreased by 854 compared with September 2005 and reached 10.695 persons or 3,0 % of the labour force, the Statistics Department reported. The decrease of the unemployed persons from the previous month was mainly recorded in the