Piraeus Bank, Greece's fifth-largest lender, announced a tender offer on Friday to buy back 489 million euros ($652 million) of subordinated bonds and hybrid securities as it bids to boost capital adequacy.
The benchmark STOXX Europe 600 index could reach 270 in three months, said Goldman Sachs as it ruled out any near-term weakness in shares, and upgraded the European financial services sector, which
Greece invited bids on Friday for the management rights to the sprawling International Broadcasting Center (IBC) in Athens, as it pushes ahead with privatisation plans intended to raise 19 billion euros by
The new incarnation of Canon's enthusiast full-frame 5D series – the EOS 5D Mark III. The camera has been improved over its predecessor in most areas and comes with a 22MP full-frame
Asian shares rose and the euro steadied on Friday after a flood of cheap European Central Bank funds this week eased fears of a meltdown in the euro zone financial sector, overriding
European Union leaders argued on Thursday over the right balance between budget austerity and reviving lost growth at the first summit for two years in which the euro zone debt crisis did
A decision to boost the euro zone's bailout capacity could be taken by euro zone finance ministers at an informal meeting in Copenhagen on March 30-31, euro zone officials said at a
European Union leaders elected Herman Van Rompuy to a second, 2-1/2-year term as president of the European Council on Thursday, a vote of confidence in the former Belgian prime minister's handling of
Titan, Greece's biggest cement producer, posted an 89% drop in 2011 net profit on Thursday and forecast further declines this year after the collapse of the building industry in its recession-hit home
France's Alstom Transport has won a 515 mln euro ($689 mln) contract to expand the Athens subway, along with Greek construction company J&P Avax and Italy's Ghella Spa, which specialises in tunnelling.
