Leaders of major industrial economies meet this weekend to try to head off a full-blown crisis in Europe where fears are growing that Greece could leave the euro zone bloc, threatening the
Greece's European partners took too long to help the country and the goal must now be to spur economic growth as well as cutting the debts of the euro zone country, French
* Summer died after battling cancer * Sold more than 130 million records, won 5 Grammys * Hits include "Bad Girls," "Hot Stuff," "I Feel Love" Disco queen Donna Summer, whose
Two hundred and forty seven exhibitors, representing over 1000 local and international companies, will participate in the 37th Cyprus International Fair, which opens its doors Friday and will remain open until the
The euro hit a four-month low on Friday, extending declines prompted by fears Greece may leave the euro zone and on contagion jitters after Moody's downgraded 16 Spanish banks. Worries that a
Fitch Ratings Agency downgraded Greece's credit rating to CCC from B-minus on Thursday, citing the heightened risk that the country might have to leave the euro zone. The failure by Greek politicians
Greek voters are returning to the establishment parties that negotiated its bailout, a poll showed on Thursday, offering potential salvation for European leaders who say a snap Greek election next month will
The European Union said it will honor its commitments to Greece in an effort to make sure it remains within the euro area but said Athens too must meet its obligations to
The International Monetary Fund will not return to Greece to review its loan program before Athens holds fresh elections on June 17, an IMF official said on Thursday. "We take note that
The Cyprus government decided Thursday to fully underwrite a 1.8 bln euro preference rights issue by the Popular Bank, which the island’s second largest lender said will help “recapitalise the bank through
