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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Wednesday, March 20, 2013

Cyprus throws bailout into disarray, seeks Russian help

Cyprus' President Anastasiades chairs a meeting with party leaders and governor of the Central Bank of Cyprus at the presidential palace in NicosiaBy Michele Kambas and Karolina Tagaris NICOSIA (Reuters) - Cypriot leaders held crisis talks on Wednesday to avert financial meltdown after rejecting the terms of a European Union bailout and throwing efforts to rescue the latest casualty of the euro zone debt crisis into disarray. The rejection of an unprecedented levy on bank deposits, a condition of a 10 billion euro ($12.89 billion) EU bailout, cast the 17-nation currency bloc into uncharted waters after Greece, Portugal, Ireland, Spain and Italy all accepted biting austerity measures over the last three years to secure European aid. ...



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