A Greek Socialist lawmaker resigned on Thursday from the co-ruling PASOK party after he criticised the government's handling of a list of possible tax cheats, further reducing the fragile coalition's majority in
The European Central Bank said on Thursday that recent economic surveys and indicators had shown signs of stabilising, suggesting an improved picture later in the year. "The economic weakness in the euro
A financial bailout for Cyprus is unlikely to be agreed before the end of January, President of the Eurogroup, Jean Claude Juncker said Thursday. "I don`t think we will be in a
The European Central Bank held interest rates at a record low of 0.75 percent on Thursday, refraining from a cut following fledgling signs of life in the euro zone economy and with
Britain's Queen Elizabeth has announced that if Prince William and pregnant wife Kate have a daughter she will officially hold the title of princess, updating rules introduced almost a century ago. Under
* BOCY, Laiki, HB need to ringfence their “good loans” from the “bad loans” in Greece and then replicate the same model in Cyprus * “Consolidation” used to be a taboo
* Reforms needed; Concerns over transparency, money laundering * German Chancellor Angela Merkel said on Wednesday she expected talks on a bailout deal for Cyprus to take time, while a senior member
* Christofias refuses to discuss privatisations * Cyprus can only expect a bailout in early March after its presidential election next month, German newspaper Handelsblatt reported on Wednesday, citing sources close to
Boeing's 787 Dreamliner jet on Tuesday suffered its second mishap in two days, with the same airline and at the same U.S. airport – the latest in a series of setbacks that
Australia's record-breaking heatwave has sent temperatures soaring, melting road tar and setting off hundreds of wildfires – as well as searing new colours onto weather maps. The Australian Bureau of Meteorology has
