Cyprus president warns of ‘difficult days ahead’
The Cypriot president is warning of “difficult days ahead” for his debt-ridden island nation, as it embarks on an austerity
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Europe
Russia’s Winter Olympics to break spending records
It is the largest construction site in Europe: 100,000 men and 500 companies are working around the clock. They are
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Poland paves way for LOT Polish airlines privatisation
The Polish government adopted a bill repealing the law on the national airline PLL LOT, thus taking the first step
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S&P sees tough 2013 for CEE banks
Central and Eastern European banks face a difficult year, with those in Hungary, Slovenia, Bulgaria and Croatia among the weakest,
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EU unemployment remains flat at 12% in February
The 27-member European Union ended February 2013 with 12 per cent unemployment, seasonally adjusted, according to EU statistics office Eurostat.
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Cypriot finance minister quits, money controls eased
Cypriot Finance Minister Michalis Sarris has resigned as a judicial panel prepares to investigate the role that he and others
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Most Poles against common currency adoption
While Polish Prime Minister Donald Tusk last week offered a legal solution that would allow the nation to vote on
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Cyprus says no one to be spared in bailout investigation
The Cypriot president says no one, including his family members, should be immune from a new investigation of alleged wrongdoing
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Russia Watch: Russia loses Cyprus
Russia suffered a major defeat last week. And no one noticed. But the setback was so striking that President Vladimir
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