News In Brief

Ticker

Cyprus out of money by May, minister warns

01.03.13 @ 09:01

  1. By EUOBSERVER

Vassos Shiarly, Cyprus's outgoing finance minister, has warned his country will run out of money in May, leaving the government unable to pay civil servant salaries and pensions. Cyprus faces a debt repayment of €1.6bn by May. Meanwhile, its eight-month wait for an international €17.5bn bailout continues.

Political Affairs

  1. German politicians outraged at Orban's Nazi jibe
  2. Europeans expect bleak future, survey finds
  3. Hollande calls for euro government to beat reces...
  4. Greens launch US-style primary for EU top jobs

Foreign Affairs

  1. Russia asks Interpol to track Magnitsky campaign...
  2. EU should help Bangladesh workers to unionise
  3. Hack the EU: IT security cuts cause concern
  4. EU adopts legal basis for Ukraine treaty

Economic Affairs

  1. Austria, Luxembourg to play ball in tax clampdow...
  2. British PM tries to break deadlock on tax havens
  3. MEPs vote to protect small bank depositors
  4. Leaked report damns Cyprus on money laundering

Social Affairs

  1. Protests as Germany opens giant Barbie house
  2. France most pessimistic about Europe, survey sho...
  3. German neo-Nazi trial to start
  4. Orban fails to impress Jewish leaders on anti-Se...

Justice & Home Affairs

  1. Response to Hungary is test for EU
  2. Criminals prefer virtual currencies
  3. Cyprus gets €2bn despite money laundering concer...
  4. EU to extend welfare rights, despite UK warning

Defence

  1. Nato chief: EU soft power is 'no power at all'
  2. Sweden: who needs Nato, when you have the Lisbon...
  3. EU should arm Mali soldiers, French general says
  4. Rasmussen: 'Nato cannot act as the world's polic...

Enlargement

  1. Ashton clinches Kosovo-Serbia deal
  2. Germany sides with Kosovo against Serbia
  3. Serbia says US partly to blame for failure of Ko...
  4. Germany warns Serbia on EU accession prospects

Institutional Affairs

  1. Lithuania unveils EU presidency logo
  2. British ministers voice support for leaving EU
  3. Olaf leak questions legal basis of Dalli probe
  4. 'Political science fiction' to become reality, B...

Environment

  1. China beats EU to Arctic Council membership
  2. Seed industry to benefit from new EU regulation,...
  3. EU to ban bee-killing pesticides
  4. EU ministers hail 'watershed' agreement on farm ...