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Cypriot President Anastasiades Receives Clean Bill of Health

Cypriot President Nicos Anastasiades returned to his homeland from Brussels over the weekend, and has been described as being in "very good health" by Government Spokesman Nicos Christoudoulides, according to Parikiaki.

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Storm floods Athens, destroys Nikaia

Today's storm caught Athenians, and authorities, once again, unprepared. In Nikaia, a suburb of Piraeus, the stream traversing the suburb flooded and swept away cars, flooding the suburb, with images presenting scenes of biblical destruction.

Bank restructuring a must

The IMF has estimated that nearly three-quarters of euro zone banks need to significantly change their business models if they are to meet the demand for credit.

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