French banks, which are among the lenders most exposed to Greece, have stepped up their efforts on contingency plans for the debt-laden country leaving the euro zone, sources familiar with the situation
Uncertainty over the fate of the euro currency is already dampening U.S. economic growth and any significant worsening of the crisis would deal a blow to a recovery that is gradually gathering
The euro zone needs to push ahead with its financial sector reform plans and create a centrally managed and funded body to handle troubled banks, a European Central Bank policymaker said on
A Chinese trade complaint launched on Friday against U.S. countervailing duties on Chinese products relates to 22 products and affects Chinese exports to the United States worth $7.3 billion collectively, China's mission
This week, Europeans can forget about the debt crisis and politics for a moment, and throw themselves into rooting for their home country or favorite artist. Eurovision 2012 is under way, and
The euro wallowed near two-year lows early on Friday while European shares edged up, as uncertainty over the fate of Greece coupled with this week's disappointing euro-zone and Chinese economic data curbed
A total of 92.1 % of bathing waters in the European Union meet the minimum water quality standards set by the Bathing Water Directive, according to a report of the European Environment
Chairman of the Board of Directors of Hellenic Bank IN Cyprus Andreas Panayiotou has said that the Hellenic Bank recorded losses amounting to 87 million euro, before taxation, for the year ending
Istanbul's efforts to host the 2020 Olympics are a "priority", the bid chief said on Thursday after the city made it into a three-horse race for the Games despite Turkey also wanting
The U.S. dollar climbed to a 20-month high and safe-haven German bonds set record low yields, after data showed Europe's economic woes intensifying as business confidence is undercut by talk of a
