. BY SHAVASB BOHDJALIAN The Fed caught market participants off guard after announcing that rates will remain at exceptionally low levels until late 2014, extending the prior timeframe from mid-2013. The Fed
Euro zone finance ministers are expected to approve a second bailout for Greece on Monday, a move they hope will draw a line under months of turmoil that has shaken the currency
Markets across the assets rose on Monday as policy easing by China and expectations that Greece will secure a second bailout buoyed investor appetite for riskier assets, sending U.S. crude and copper
Russia is about to remove Cyprus from its “black list” of targeted tax havens, after the Duma passed a law this week to ratify the Protocol to the Double Tax treaty between
The island’s two main business associations, the Cyprus Chamber of Commerce and Industry (KEVE) and the Employers and Industrialists Federation (OEV) have submitted proposals calling for the abolition of shop hour regulations
Central Bank of Cyprus Governor and ECB Council member Athanasios Orphanides has said that the trust which the Eurozone had enjoyed in the past is now severely damaged due to the fact
European leaders expressed optimism on Friday that Greece would secure a new rescue package worth 130 billion euros ($171 billion) though policymakers admitted urgent work was still needed to get its debt-cutting
Greek bank shares gained more than 7% on Friday on investor optimism that Monday's meeting of euro zone finance ministers will give the green light for a bond swap scheme to cut
Whether or not Greece secures a new bailout to avoid bankruptcy next month, relations between Athens and Germany look close to breaking point. Their inflammatory exchanges reflect a wider rift between northern
Asian shares rebounded on Friday on signs that euro zone officials will soon approve a long-awaited bailout for Greece, and after jobs and factory data pointed to a healthier U.S. economy. Financial
