Greeks like technocrat Prime Minister Lucas Papademos but deeply distrust his coalition government made up of career politicians, two polls showed on Friday. Papademos's popularity rose to 60 percent in December from
The European Banking Authority found that the island’s two main lenders, Bank of Cyprus and Marfin Popular Bank, will need to raise about 3.53 bln euros by next June as a capital
Asian shares, commodities and the euro fell on Friday on growing doubts that European leaders can forge a credible borrowing scheme to tackle the euro zone's debt crisis at a summit in
Euro zone countries brought forward by one year to next July the launch of a permanent bailout fund and agreed, along with other EU states, to consider lending up to 200 billion
The European Central Bank doused on Thursday hopes it will aggressively ramp up its bond-buying programme and allow the euro zone to lend money to IMF so it can help fight the
A third of Germans have little or no trust in the strength of the euro, according to a survey published on Thursday on the eve of an EU summit aimed at ending
World stocks and the euro gained slightly on Thursday after the European Central Bank cut its main interest rate to a record low, but fears for what may emerge from a crucial
First indications on possible hydrocarbon reserves in Block 12 of Cyprus’ Exclusive Economic Zone (EEZ) are expected some time around Christmas, Commerce, Industry and Tourism Minister Praxoula Antoniadou told the Cyprus Energy
When Italy's welfare minister shed tears in announcing an increase in the retirement age, people might have thought she was crying for a lost generation of European youth. For opinion polls show
England striker Wayne Rooney's ban at next years' Euro 2012 finals was reduced from three to two games following an appeal heard by UEFA on Thursday, Sky Sports News reported. Rooney was
