The prospects of a country being forced to leave the euro zone have all but vanished since the middle of last year, a survey released on Monday showed. The poll of 956
Italy's troubled Monte dei Paschi bank said on Monday it had no evidence of bribery in a 2007 takeover now under scrutiny over alleged corruption, but acknowledged accounting irregularities under previous management
Europe and Russia are getting closer to a deal on how to involve Moscow in bailing out indebted Cyprus after Russian Prime Minister Dmitry Medvedev signaled willingness to help. Medvedev was quoted
The owners of Vivacom on Monday offered to buy out minority shareholders in the Bulgarian telecoms group in a deal that would value the company at about $557 million. The offer, published
**But up in December** Outbound tourism from Cyprus dropped by 1.2% compared with the previous year in 2012, according to figures based on the Passengers’ Survey. In January – December 2012, 1,194,053
Registrations of motor vehicles marked their fourth year of decline in 2012, falling by 28.8% to 25,829 in January – December 2012, from 36,264 vehicles in the same period of 2011. Registrations
Production in construction fell by 17.1% over the year earlier in the third quarter of 2011. Production for buildings tumbled by 16.9% while the civil engineering declined by 17.7%. Meanwhile, the price
Iran said on Monday it had launched a live monkey into space, seeking to show off missile delivery systems that are alarming to the West given Tehran's parallel advances in nuclear technology.
The European Union's insurance watchdog has invited feedback on new rules about capital requirements and risk management, after life insurers complained they would make products with long-term guarantees too financially burdensome to
Relatives of the 231 people who died in a Brazilian nightclub fire demanded answers on Monday as to how it could have killed so many people, while police questioned the club's owner
