Cyprus welcomes EU Council’s Conclusions on enlargement, linking Turkey’s progress to Cyprus issue resolution and condemning illegal actions. The Ministry of Foreign Affairs highlights key points, emphasizing Turkey’s adherence to Cyprus-related commitments and the need for a comprehensive solution based on UN resolutions. EU criticizes Turkey’s illegal activities in Varosha, urging reversal and de-escalation in the Eastern Mediterranean, prompting strong Turkish response and reflecting EU’s clear stance.
Full Article
UK businesses brace for economic gloom in 2025
Businesses are preparing for economic uncertainty in the new year following Rachel Reeves's Budget, with a CBI survey revealing plans for reduced output and hiring. Expectations for growth are at their weakest since Liz Truss's time in office, largely due to the chancellor's national insurance hike. Despite defending her tax increases as necessary for economic stability and growth, Reeves faces criticism as the economy faces a bleak outlook. Full Article
Read more