Cyprus is examining the possibility to request financial assistance from the EFSF only for banking recapitalization, Cyprus Central Bank Governor Panicos Demetriades has said. "Delicate handlings are being made by the government
Cypriot Minister of Finance Vassos Sharly refrained from elaborating as to when the government will take its decisions with a view to securing financial assistance to recapitalizing its banking sector, noting that
Cyprus is looking to Europe, Russia and China for the best possible bailout terms, officials said on Wednesday, and could seek as much as 4 billion euros ($5 billion), or more than
France will meet a goal to cut the public deficit to within an EU ceiling of 3 percent of gross domestic product in 2013 and can do so without imposing large-scale austerity
In early October of last year, German Economy Minister Philipp Roesler landed in Athens on a plane packed full of corporate executives, carrying a message of hope. Germany and its leading firms,
Alexis Tsipras, the radical Greek leftist who wants to cancel a bailout deal keeping the country afloat if he wins elections on Sunday, is no working class hero. Born into a comfortable
Like many Greek tycoons these days, Andreas Vgenopoulos is in trouble. The self-made businessman built one of Greece's leading corporate empires over the past two decades. Among its jewels was a major
Europe may need to sacrifice Greece's membership of its single currency bloc in order to convince Germany to put in more money to save the euro, Britain's finance minister George Osborne suggested
Apple Inc has spent nearly three years fighting its rivals in a global smartphone patent war. Now, setbacks in two key U.S. court cases are laying bare why a drawn-out battle could
Greeks pulled their cash out of the banks and stocked up with food ahead of a cliffhanger election on Sunday that many fear will result in the country being forced out of
