Accuracy in Media

Cyprus President threatens to Sack Bank Chief

WASHINGTON — Tension continues to grow between the president of the island country of Cyprus and the island’s bank chief. Reuters reported that Nicos Anastasiades, the president of Cyprus, threatened to use the courts system to remove Central Bank of Cyprus Governor Panicos Demetriades from his duties. Anastasiades accused the bank governor of not moving […]

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Cyprus backs out of potential U.S. Strike on Syria

WASHINGTON — Cyprus, which is in the Mediterranean Sea and close to Syria, is not going to involve itself in any potential strike on Syria. Reuters reported that the island nation would only offer assistance to third-country nationals and citizens that are fleeing the Middle East. Cypriot government spokesman Christos Stylianides said that any intervention is […]

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Uh Oh: Slovenia Recession eases, but More Pain Ahead

WASHINGTON — The European Union’s weaker economies continue their struggles. This time, Slovenia saw its recession eased but it is not out of the woods yet. Reuters reported that Slovenia’s economy declined at a slower rate, but it is still in a recession. Slovenia is trying to overhaul an unstable banking environment and avoid an […]

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Greece says it’ll meet Bailout Goals

WASHINGTON — Greek Prime Minister Antonis Samaras told a Greek newspaper that their government is on track to meet the goals imposed on them by their creditors. Reuters reports that the newspaper To Vima said that Samaras does not think “there will be any problems” with meeting the remaining bailout requirements. Greece has been the […]

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Amazon’s German workers go on strike…for 1 day

WASHIGNTON — Amazon’s German workers are going to strike after all. The Associated Press reports that they have a limited, one-day warning strike to demand higher wages. The union at the center of the strike, Verdi, said that Leipzig-based employees will walk off the job in a one-day strike and push for extra pay on […]

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British PM to rule coalition until 2015, reports say

WASHINGTON — The European Union’s most skeptical member, the United Kingdom, is facing inner turmoil at the top. Current Prime Minister David Cameron of the Conservative Party is going to lead the coalition until 2015, sources at Reuters say. Cameron’s spokesman said that Cameron is committed to governing the country as a part of the […]

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Google Tax Round 2? Britain questions Google over taxes

WASHINGTON — Google is being summoned again to have its taxes and practices evaluated by the British government. As Reuters reports, Google is under increased scrutiny as European governments are trying to find ways to raise revenue. British lawmakers are calling Google executives to a hearing and to testify about their tax practices. Some worry […]

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Germany can’t stop Eurozone from another recession

WASHINGTON — The worst is yet to come? What if the worst is already at your doorstep? This is the situation that Germany and the rest of the eurozone faces in the upcoming weeks as economic growth is at a standstill. Unemployment throughout the eurozone sits at 12%, youth unemployment as high as 50% in […]

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March 2016

3/29/2016 - Airliner Hijacker Wanted to Deliver a Note to His Ex-Wife in Cyprus

September 2013

9/22/2013 - Cyprus President threatens to Sack Bank Chief

9/10/2013 - Cyprus backs out of potential U.S. Strike on Syria

9/1/2013 - Uh Oh: Slovenia Recession eases, but More Pain Ahead

June 2013

6/24/2013 - Greece says it’ll meet Bailout Goals

May 2013

5/31/2013 - Amazon’s German workers go on strike…for 1 day

5/24/2013 - British PM to rule coalition until 2015, reports say

5/24/2013 - Ex-PM says Bulgarian Gov’t should be able to form Coalition

5/20/2013 - Google Tax Round 2? Britain questions Google over taxes

5/18/2013 - Germany can’t stop Eurozone from another recession

5/16/2013 - Economics 101: France allows private sector layoffs