Cyprus

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Bulgaria Ranks 47th in Economic Freedom Index

Bulgaria ranks 47th in the world in terms of economic freedom, showed a ranking of the American Heritage Foundation.

According to the ranking, Bulgaria ranks right behind Kosovo (46th) and ahead of Cyprus (48th).

The transition of our country to a more open and flexible economic system has been facilitated by the restructuring carried out, showed the index of economic freedom.

Cyprus peace talks meeting ends abruptly, blaming ensues

A feud over Cyprus' troubled history on Thursday led to the abrupt halt of reunification talks between the ethnically split island's rival leaders, with confusion over who walked out on whom.

It's unclear what this means to the 21-month-long process that's made significant headway on a deal reunifying the small island as a federation.

Greeks in Turkey on the verge of extinction

The current Greek population in Turkey is estimated at fewer than 2,000.  But this population decline was not due to natural causes; the Greek community has become nearly extinct due to many state-sponsored attacks and pressure.

The largest attacks took place during the last years of the Ottoman Empire with pogroms and discrimination continuing until the present day.

Northern Cyprus: The new destination for Turks fleeing Turkey

Turks call northern Cyprus baby land, a term deriving from motherland. Whenever there is some progress in peace talks among the divided communities of the island, some in Turkey start talking about the threat of losing the "babyland." "We should not lose at the table what we gained by our blood," they would say.

Cyprus forecasts growth of 2.5-3 pct in 2017

Cyprus expects its economy to grow between 2.5 and 3 percent this year as it recovers from its recent financial crisis and bailout.

Finance Minister Harris Georgiades said on Tuesday the economy has rebounded strongly and is making up lost ground after the country sought out a multibillion-euro rescue deal from its eurozone partners to save it from bankruptcy in 2013.

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