Eastern Mediterranean

Bulgaria, Cyprus at Loggerheads over Failure of Insurance Company

NICOSIA, Aug. 23 (Xinhua) -- EU member-states Bulgaria and Cyprus are at loggerheads over the failure of an insurance company based on the eastern Mediterranean island and on who is to foot the bill for insurance claims totaling 43.5 million euros, Cypriot media reported on Thursday.

Tensions looming in East Med

Amid a freeze in confidence-building measures ordered by the Hellenic Armed Forces General Staff (GEETHA) over the detention of two Greek soldiers and reports of Turkish vessels harassing Greek fishermen in the eastern Aegean, Athens is now bracing for Ankara's plans in coming days to drill for gas deposits in the Eastern Mediterranean and, possibly, within Cyprus's exclusive economic zone (EEZ

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