Asian shares jumped and the euro surged more than 1% on Friday after European leaders agreed that euro zone banks could be recapitalised without adding to government debt, soothing fears over growing
The Foreign Minister of Greece Demetris Avramopoulos will pay Cyprus an official visit on July 1 and 2. This would be Avramopoulos first official visit outside Greece under his new capacity. Greek
Unemployment rate escalated to 11.1% in the 1st quarter of 2012, recording an increase compared to the previous quarter of 2011. According to the results of the Labour Force Survey, which is
Fitch Ratings has downgraded the Bank of Cyprus (BOC), the Cyprus Popular Bank (CPB) and the Hellenic Bank`s (HB) Long-term Issuer Default Ratings (IDR) and Support Rating Floors (SRF) to `BB` from
Google Inc expects to roll out a consumer version of its electronic eyewear that can live-stream images and audio and perform computing tasks in less than two years, though it stopped short
A convoy of about 30 military vehicles, including trucks loaded with missile batteries, set off from Turkey's coastal town of Iskenderun in Hatay province, headed for the Syrian border 50 km (30
U.K. bank Barclays will pay 290 mln pounds ($453 mln) to U.S. and British authorities to settle allegations that it manipulated key interest rates, increasing pressure on other banks to cooperate in
Debenhams, Britain's second largest department store group, showed its resilience in the economic downturn by beating forecasts for quarterly underlying sales and winning market share even though it faced a deluge of
– Octogenarian president gave up salary in February – Leading Greek delegation to two-day summit – Government under pressure from public angry over cuts The president of debt-laden Greece will travel economy
The chief executive of Greece's largest lender National Bank, Apostolos Tamvakakis, will step down on Thursday and be replaced by deputy CEO Alexandros Tourkolias, a source at the bank told Reuters on
