As political jobs go, Greece's new reforms minister has one of the toughest: firing thousands of workers within months from a public sector that seems immune to change. But Kyriakos Mitsotakis, an
The European Central Bank left interest rates at a record low 0.5 percent on Thursday and affirmed that they will remain there for some while to come and could yet fall further.
European Central Bank President Mario Draghi reiterated on Thursday that the ECB's future interest rates will remain at their present level or lower for an "extended period" of time, suggesting that will
Five supreme court judges on Thursday considered their verdict in Silvio Berlusconi's appeal against a tax fraud conviction that could end his 20-year domination of Italian politics and throw the government into
The US dollar is the main focus for forex traders this week with several crucial economic data releases scheduled. On Friday, the US unemployment rate will be revealed and it is predicted
Medical authorities in Australia treated 22 passengers on Thursday for a mystery gastric illness after they became ill on a Qantas Airways Ltd flight from Chile, Qantas said. Several ambulances and medical
Europe's factories delivered more signs last month the region is gradually leaving recession behind, according to business surveys that also eased immediate fears over the health of China's economy. Thursday's purchasing managers
Cyprus’ National Hydrocarbons Company (KRETYK) Vice President Solon Kasinis has resigned, He met Wednesday with the President of the Republic Nicos Anastasiades to whom he explained the reasons that led him to
Euro zone manufacturing activity grew for the first time in two years in July as factory output surged, a business survey showed on Thursday, suggesting the region may pull out of recession
World shares and commodity prices rose on Thursday as signs of modest growth in the global economy played into expectations that major central banks will stick to policies aimed at supporting the
