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Troika Likely to Seek Cyprus Cut in State Payroll
International lenders negotiating a bailout for cash-strapped Cyprus are likely to seek cutbacks in its public payroll and some increases in taxation, the Cypriot...
Samaras Writes EU for Help as IMF Prepares Visit
ATHENS – Unable to attend a critical meeting of European Union leaders because he is still recovering from eye surgery for a detached retina,...
European Leaders Call for Tighter Fiscal Control
Key European leaders are calling for much tighter central control of spending by the 17 countries that use the euro in the latest effort...
Cyprus Poised to Seek Bailout Within Days
Cyprus looked poised to be the next eurozone economy to be bailed out, as its finance minister warned just days remain to meet a...
National Technical University of Athens Wins Cultural Heritage/Europa Nostra Prize
On June 1, the EU prize for Cultural Heritage/Europa Nostra was awarded. The ceremony took place in Lisbon, Portugal, with Greek-Cypriot Commissioner Androula Vassiliou...
Demetres Christofias Does Not Exclude Bailout Mechanism for Cyprus
“Cyprus can't rule out external support for Greek-ravaged bank,” is an article on Reuters reporting that Cypriot Demetris Christofias, having evaluated the critical financial...
EU Bailout Cannot Be Excluded, Cyprus CB Governor Says
New Cyprus Central Bank Governor Panicos Demetriades did not exclude the possibility for Cyprus to seek entry to the European bailout mechanism (European Financial...
Vanishing Cyprus: Petroleum-Gas Fund of Cyprus
Cyprus, for one more time in its turbulent history, finds itself smack in the middle of international geopolitical interests. It also faces a barrage...
Moody's Cuts Cyprus Rating Over Greek Crisis
Moody's ratings agency has lowered its ratings on Cyprus's government debt to junk status because of the impact of the crisis in neighbouring Greece...
Greece Down to the Wire With Debt Write-Down Deal
ATHENS – Greece will know by the end of March 8 if enough private investors have agreed to accept losses of 74 percent as...