International lenders negotiating a bailout with the Cypriot government have agreed on a key capital ratio for banks and a system for the sector's supervision, officials said on Saturday, signalling some progress
Holders of some 1.4 bln euros worth of Bank of Cyprus contingent convertible notes (CoCo bonds) hope to hear some good news from the bank on how to safeguard their securities, with
Any new haircut of Greece's debt should only come as a reward for Athens implementing the reforms it has signed up to, European Central Bank Governing Council member Jens Weidmann said on
Oil giant BP will fork over the largest criminal penalty in the history of the United States and plead guilty to criminal misconduct, sources report, with more charges possibly forthcoming over the
Residents in Tel Aviv are hearing air raid sirens for a second time in the ongoing crisis after Hamas reportedly fired a long-range rocket at Israel’s second-largest city and capital. Witnesses said
Actors and the producer of a Greek play that depicted Jesus Christ and his apostles as gay have been charged with blasphemy, court officials said on Friday. A production of "Corpus Christi"
Bulgaria's unemployment rate rose to 11% in October from 10.6% the previous month, mainly due to a drop of seasonal jobs in agriculure and tourism, data from the labour ministry showed on
Greek banks set to receive state aid under a recapitalisation scheme will face tighter scrutiny of their credit policies and restructuring plans, a senior banker with direct knowledge of the matter said.
German Chancellor Angela Merkel will complain to President Vladimir Putin on Friday about a crackdown on political freedoms in Russia at talks likely to deepen a chill between the two big European
A Greek journalist who published the names of more than 2,000 Greeks with Swiss bank accounts will stand trial again after a prosecutor appealed a decision to acquit him of breaking data
