Bulgaria’s prime minister said Tuesday that the country must upgade its armed forces, local media reported. ‘This means additional weaponry, including 16 F-16 Block 70 aircraft, two multi-purpose ships, and providing armored vehicles for the infantry …
The UK, US and some European Union member countries rejected condemning the burning of the Quran during an urgent debate Tuesday at the UN Human Rights Council in Geneva over the rising number of attacks against the Muslim holy book. The debate was he…
Poland announced Tuesday that it has frozen a stake owned by a prominent Russian oligarch in Polish fertilizer maker Grupa Azoty. Noting that the move aims to eliminate Russia’s presence in the Polish economy, Minister of Development and Technology Wa…
The United Nations Security Council expressed its full support for the proposal of the Secretary General for the appointment of an envoy on Cyprus. A Security Council press statement issued Wednesday by Council President Barbara Woodward (United Kingd…
The European Parliament plenary in Strasbourg heard on Wednesday different approaches for addressing the migrant crisis in the EU, with the Commission proposing measures following the deadliest shipwreck in the Mediterranean on June 14 in Pylos. In he…
The Cyprus banking system is resilient having very high capital and liquidity ratios, Governor of the Central Bank of Cyprus Constantinos Herodotou, told the Annual New York-Eastern Mediterranean Business Summit held on Monday. According to a press re…
