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Greece begins to absorb Cyprus bank branches

Greece has begun proceedings to absorb the subsidiaries of three Cyprus banks which are active in Athens, the Greek finance ministry said on Friday. “The procedure for the acquisition of Cypriot banks in Greece by a Greek banking group has begun in cooperation with the Cyprus central bank,” a ministry …

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Albania PM Excludes Return of Death Penalty

Prime Minister Sali Berisha has slapped down calls for the return of the death penalty, following outrage over a suspected paedophile accused of murdering an 11-year-old.“This case was the act of a monster who killed a child and was prepared to kill another,” Berisha told the cabinet on Wednesday. “A …

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