"Acropolis, Adieu! Why Greece must leave the euro," reads the front-page headline of Germany's most influential magazine Der Spiegel, joining a chorus of voices in Europe's paymaster country suggesting an exit may
Asian shares remained under pressure on Monday after talks to form a Greek government failed, with China's latest move to loosen monetary policy only adding to investor risk aversion as it underscored
The leader of Greece's moderate Democratic Left party reaffirmed on Monday that he would not participate in a coalition government with the centre-right New Democracy and the socialist Pasok if the more
A mix of 15 bidders have applied for rights to explore nine blocks in the Cyprus offshore natural gas licensing round that ended on Friday. These include international heavyweights Total, Petronas, Gazprom,
U.S. stock index futures fell on Friday and were on track to extend the week's losses after JPMorgan Chase & Co revealed a trading loss of at least $2 bln from a
Thomas Cook has agreed to sell and lease back 17 aircraft, providing 183 million pounds ($296 million) to ease pressure on the debt-laden British travel company after its first-half loss widened. Chief
The leaders of Greece's once-dominant political parties made a last push on Friday to avert a new election, which a poll showed would give victory to a radical leftist and doom an
. * State ownership risks leaving too many skeletons in the cupboard * BY FIONA MULLEN I hope that it is not already too late to say this, but shareholders of the
. BY STAVROS A. ZENIOS Cyprus society lost four billion euros as a result of bank investments in Greek government bonds. This is a conservative estimate. Losses are expected to be much
The case for Cyprus DR. JIM LEONTIADES Cyprus International Institute of Management Too much borrowing. That is the common root of much of the current financial crisis. If growth is to be
