Germany’s big worry: China, not Greece

Berlin, not Brussels, will decide the future of the ailing eurozone because Germany's economic power and its status as the European Union's main paymaster give it an effective veto over key decisions.

ASOS maintains heady sales growth

British online fashion retailer ASOS said it would make year profit forecasts after it maintained a heady rate of sales growth in its fourth quarter, buoyed by strong trading in overseas markets

UK housing market has long wait to recovery

British house prices, at least those outside London, won't rise for at least another year as unemployment stays high and bank lending conditions remain restrictive, a Reuters poll forecast on Tuesday. Average

CYPRUS Green Line spending shrinks in 2012

**Both Greek and Turkish Cypriots spending less** Card spending over the Green Line has shrunk in both directions so far this year, according to analysis of data provided by JCC Payment Systems.

TOURISM: Russia soars, UK disappoints in Aug

Tourism arrivals climbed by 7.9% in the key month of August, reaching 363,573 compared with 337,013 in August 2011. The biggest increase among larger markets was Russia, with arrivals rising by 55.5%