Finance Minister Kikis Kazamias has expressed discontent over the way a number credit rating agencies operate, creating concerns in markets and turning to become “part of the problem”. Asked, after a meeting
Cyprus is amongst a group of three Eurozone countries, along with Malta and Belgium, and two non-Eurozone members, Poland and Hungary, which European Commission Vice President for Economic and Monetary Affairs Olli
New measures aiming to constrain public expenditure and consolidate public finances are expected to be discussed at a Cyprus Cabinet convention schedule to take place Friday afternoon. The Ministerial Council is also
Greece's prime minister designate will name a new crisis cabinet on Friday to roll out painful austerity measures and calm the political turmoil that has threatened to bankrupt Athens and force it
Eurogroup head Jean-Claude Juncker ruled out on Thursday the possibility of expelling any country from the euro zone, saying such a move is not possible under European treaties. "I exclude the hypothesis
Asia Pacific countries pressed Europe on Thursday to act more forcefully to quell its debt crisis, setting the tone for a summit overshadowed by growing alarm over the fallout from euro-zone upheaval.
With Europe mired in crisis, President Barack Obama is launching a charm offensive to hitch the U.S. economy to growth opportunities in Asia that he hopes can help power the recovery he
The euro, U.S. stocks and crude oil rose on Thursday after an Italian debt auction went better than feared and news from Europe eased concerns over a potential euro zone break-up. European
German Chancellor Angela Merkel rejected on Thursday the idea that her government might favour a smaller euro zone, saying her only goal since the beginning of the debt crisis has been to
Gas exporters meeting in Qatar next week are unlikely to come up with a plan to protect against a looming euro zone led demand drop which threatens to reverse any improvement in
