The European Commission stressed Wednesday that progress towards the normalisation of Turkey’s relations with the Republic of Cyprus is urgent and could provide new momentum to the EU – Turkey accession negotiations.
Greece's main public and private sector labour unions will hold a 24-hour strike on Oct. 18 to protest new austerity measures sought by the near-bankrupt country's international lenders, a union official said
Italian Prime Minister Mario Monti announced an income tax cut to help low earners, giving a rare lift to struggling households ahead of parliamentary elections next year. The unexpected measure was presented
Japan's Toyota Motor Corp announced a massive recall on Wednesday to fix malfunctioning power window switches, saying it will pull back 7.43 million vehicles worldwide in the biggest single recall since 1996,
* Police fire teargas, protesters pelt them with rocks, sticks * Merkel's first trip to Greece since start of debt crisis * Greeks angry over austerity that many blame on Germany Tens
As Greece's privatisation programme resumes this month, nearly half a year behind schedule, at stake is not just the billions of euros it needs to raise, but the credibility of its commitment
Asian shares fell on Wednesday, with Japanese stocks sliding 2 percent to a two-month low, and the safe-haven dollar firmed on concerns that the corporate results season will reveal weaker earnings in
The International Monetary Fund urged European policymakers to deepen the financial and fiscal ties within the euro area with some urgency to restore sagging confidence in the global financial system. In its
Director for South East Europe in the European Investment Bank (EIB) Luca Lazzaroli said Tuesday that 20% of the loans of the European Investment Bank in 2011 were channeled to energy projects,
* Jimmy Savile suspected of abusing up to 25 girls * TV star, a household name in Britain, died last year Jimmy Savile, the late BBC TV star at the centre of
