Cyprus Finance Minister Vassos Shiarly said on Monday talks with officials from the euro area, European Central Bank and International Monetary Fund on funds for the country are at an “advanced stage” and he expects a first draft of an accord at the so-called troika’s next visit.
Shiarly said the country’s shortfall this year would be around 4.5 percent of GDP, and may fall to 3.5 percent of GDP after some budget measures are enacted.
He spoke to reporters in Nicosia in comments televised live on state-run RIKSAT.
The Dutchman accused of stabbing a 12-year-old Russian boy during his vacation in Crete last week is to face a magistrate on Monday.
Cirino Schrijver, a 20-year-old who worked as a children’...
Prime Minister Antonis Samaras vowed to return to Azerbaijan after holding talks in Baku on Sunday with the country’s president Ilham Aliyev.
One of the main topics of conversation during th...
Germany's Bjoern Otto recorded the world's leading performance in the men's pole vault at the Athens Street Pole Vault event that took place at Zappio, in central Athens, on Saturday afterno...
PAS Giannina upset PAOK at Thessaloniki on Sunday to take the lead at the Super League play-offs, while Asteras Tripolis rebounded from its loss at Ioannina in midweek to defeat Atromitos at...
Certain people have created a monster and now, when they observe it, they wonder what it is. Golden Dawn, along with all its slogans and behavior, is the work of many, not one single person....
The country has a unique opportunity to turn the page. Society has displayed incredible maturity and responsibility, despite all the hardships. Reforms which had been under discussion for de...
