Cyprus finance minister Haris Georgiades said on Wednesday he anticipated the government to sell part of its 13.9 tonnes in gold reserves "during the next months", but the final decision rested with
Two investor groups have reportedly submitted bids for a 33% stake in Greece's betting monopoly OPAP, the first big privatisation under the country's bailout plan. The bidders are U.S. hedge fund Third
The European Central Bank should do more to ensure that its cheap loans to banks were being passed on to the real economy and the ECB itself must become more transparent and
Two rockets fired from Egypt's Sinai peninsula struck Israel's Red Sea resort of Eilat on Wednesday, causing no casualties or damage, the Israeli military said, in an attack claimed by Islamist militants.
Russian Prime Minister Dmitry Medvedev defended his government's record in a combative speech to parliament on Wednesday after President Vladimir Putin signaled he may be losing patience with his long-time ally. There
. Fiona Mullen, Director, Sapienta Economics Ltd. A number of ideas have been doing the rounds for attracting new investment into Cyprus. There will inevitably be a temptation to go for the
Tests on beef products in Italy have found that one in 25 contain more than 1 percent horse meat, the Italian Health Ministry said on Monday. Italy launched an inspection of the
Grosvenor Group, which owns most of London's upscale Mayfair and Belgravia districts, said the rate of luxury home price growth in the capital looked unsustainable after years of foreigners pouring cash into
At least 13 people were killed and hundreds of houses destroyed in southwestern Pakistan on Tuesday when the region was struck by tremors from an earthquake that was centred in neighbouring Iran,
Gold rose on Tuesday after physical buyers of bullion grabbed the chance offered by the previous session's record-breaking one-day drop, but investors expected more falls. Bullion on Monday recorded its biggest ever
