Germany and France stepped up a drive on Monday for coercive powers to reject national budgets in the euro zone that breach EU rules, as a market rout of European debt eased
Three in every four Portuguese want the debt-laden country to stay in the euro zone, although about half the population oppose austerity measures demanded by its European Union and IMF lenders, an
Cyprus Minister of Finance Kikis Kazamias appeared optimistic that by 15 December Cyprus will adopt a new set of fiscal consolidation measures. Kazamias participated in the meeting of President of the Republic
The newly appointed Chairman of the Cyprus Investment Promotion Agency (CIPA) Christodoulos Angastiniotis has highlighted the great prospects of attracting foreign investment in the field of energy in Cyprus, as a result
The U.S. economy may face a graver threat from Europe's debt crisis than is currently thought, the Organization for Economic Co-operation and Development said in a report warning the recovery could be
Turkey offered to bow to EU demands and open its ports, airports and airspace to Cyprus under what it called a "Taiwanese-style" diplomatic arrangement to help drive Cypriot reunification talks resuming on
South Korea's communications regulator said on Saturday that personal information of more than 13 million subscribers of a popular online game of Nexon Korea Corp, a leading game developer in the country,
Shares in Thomas Cook Group Plc will be in focus on Monday after the world's oldest travel firm secured new funding from its banks, easing fears over its future. The stock crashed
Arab states have landed a hefty blow on Syria's crisis-hit economy by stopping deals with its central bank and halting investment, but unease among Syria's neighbours about the impact of sanctions on
Cyprus needs an effective fiscal consolidation plan to regain trust of the markets, but failure to do so will trigger an "exceptionally unpleasant" downward spiral, Central Bank governor Athanasios Orphanides was quoted
