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Two senior executives at Bank of Cyprus may have deleted crucial e-mail documents last year, according to an investigative report commissioned by the central bank of Cyprus, the NYT reports.
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UNITED NATIONS, March 27- The United Nations hopes that a team investigating allegations about the use of chemical weapons in Syria's civil war will deploy to the country as early as next week, U.N. diplomatic sources said on Wednesday.
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*26 EU countries approve bonus caps, but not Britain. BRUSSELS, March 27- Britain suffered a long-expected political defeat on Wednesday when it failed to stop European Union countries waving through a cap on bankers' bonuses, an EU law that will hit London hardest.
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BRUSSELS, March 27- European Union governments must modernise their electricity grids and remove investment barriers to meet a 20 percent target for renewable energy use in 2020, the bloc's executive said on Wednesday.
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MOSCOW, March 27- Russia wants play a role in keeping Afghanistan stable after the withdrawal of most NATO combat troops by maintaining government military hardware on Afghan soil, a senior military official said on Wednesday.
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BRUSSELS, March 27- European Union governments must modernise their electricity grids and remove investment barriers to meet a 20 percent target for renewable energy use in 2020, the bloc's executive said on Wednesday.
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WARSAW, March 27- The European Union has released funds earmarked for building roads in Poland after its government provided sufficient explanation of an investigation into alleged price fixing, a Commission spokeswoman said on Wednesday.
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BRUSSELS, March 27- Confidence in the euro zone's economy worsened in March, falling after four straight months of gains and suggesting a hard route out of recession, European Commission data showed on Wednesday.
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WARSAW, March 27- The European Union has released the funds earmarked for building Polish roads that it froze in January because of suspected fraud by contractors, a Commission spokeswoman said on Wednesday.
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BRUSSELS, March 27- Confidence in the euro zone's economy worsened in March, falling after four straight months of gains, the European Commission said on Wednesday.
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Fitch Ratings says its Outlook on Russian subnationals is Stable. The credit strength of Russian local and regional governments is supported by the moderate debt burden, still sound, albeit modestly deteriorating operating performance, and potential support from the federal government in any situation of severe distress.
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BRUSSELS, March 26- The head of Italy's largest power company, Enel, said European Union governments should stop subsidising renewable energy to relieve pressure on utilities struggling with economic weakness.
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MILAN, March 26- Italy's banking sector is well capitalised but still faces risks because of a prolonged recession and exposure to sovereign debt, the International Monetary Fund said on Tuesday.
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MILAN, March 26- Increasing provisions for bad loans and developing a market to dispose of impaired assets would shore up the defences of Italian banks, the International Monetary Fund said on Tuesday.
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BRUSSELS, March 26- The International Swaps and Derivatives Association may have joined with investment banks to keep exchanges out of the credit derivatives market, European Union regulators said on Tuesday, expanding an investigation into the sector.
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BRUSSELS, March 26- The International Swaps and Derivatives Association may have joined with investment banks to keep exchanges out of the credit derivatives market, European Union regulators said on Tuesday, expanding an investigation into the sector.
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BERLIN, March 26- A planned free trade agreement between the European Union and United States should not completely liberalise agricultural trade, the president of the association of German farmers' association DBV said on Tuesday. Germany has an agricultural trade deficit with the United States, the association calculates.
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AMSTERDAM, March 26- The European Union hopes to ease the cost of protein used to make pig and poultry feed by lifting a ban on by-products imposed during the mad cow disease outbreak over a decade ago.
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ROME, March 26- The IMF is due to issue a statement later on Tuesday of findings from an assessment of Italy's financial system conducted in January and will express a largely positive view of the banking system, two people close to the situation said.
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LONDON, March 25- Major central banks could become too powerful if they are given far-reaching new powers but remain fully independent from politics, Olivier Blanchard, the chief economist of the International Monetary Fund, said on Monday.
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*France says will not intervene, its citizens are safe. The rebels' ouster of President Francois Bozize was swiftly condemned by the United Nations and the African Union. But in a sign of pragmatism, the United States, France and regional power broker Chad called on the insurgents to respect a January peace deal creating a unity government.