Euro zone economy for 2013 is poised to contract by 0.1%, avoiding recession, Economist Intelligence Unit Regional Director for Europe Laza Kekic has said. Kekic, who was addressing the first session of
The European Commission President Jose Manual Barroso has called for compromise among the government, the political parties and the social partners in Cyprus with a view to reaching an agreement between Cyprus
The Greek manager of a Bahamas-flagged tanker carrying more than 32,000 metric tonnes of gasoline reported the vessel missing on Monday after it left Abidjan in the Ivory Coast unexpectedly in the
Cyber attackers have targeted communication networks on Iranian offshore oil and gas platforms in the past few weeks, but their attacks have been repelled, a state official was quoted as saying on
Air France-KLM, Air Berlin and Abu Dhabi flag carrier Etihad, plan to offer passengers access to some of each other's services from Oct. 28 in a sign of improving relations between European
Venezuela's socialist President Hugo Chavez comfortably won re-election on Sunday, quashing the opposition's best chance at unseating him in 14 years and cementing himself as a dominant figure in modern Latin American
Wage indexation (COLA) pushed up earnings in the second quarter despite soaring unemployment and contracting demand. According to the preliminary estimates of the Statistical Service, the average monthly earnings of employees during
After a little improvement in June, the decline in retail sales accelerated in July, falling over the year earlier by 5.6% according to provisional figures, from a fall of 2.2% in June.
The fall in seasonally adjusted unemployment experienced in August was unfortunately shortlived, and resumed its rise in September as the number of registered unemployed increased to 38,253 from 36,967 in the previous
Turkish forces fired across the frontier into Syria on Sunday after a shell launched from Syria landed in Turkey's border town of Akcakale, underlining Ankara's warning that it will respond with force
