After three months of decline, the consumer price inflation rate rose to 3% in October, from 2.4% in September. The main reason was an increase in housing, water, electricity and gas prices,
Unemployment rose again in October, with the number of registered unemployed rising by 6,101 compared with October 2010, or by 29.3% to 26,947. Unemployment also increased on a seasonally adjusted basis, to
Europe has a new informal leadership directorate intent on finding a solution to the euro zone's debt crisis, but it has yet to prove its ability to come up with a lasting
Major emerging economies are ready to provide financial help to the euro zone via the International Monetary Fund but in return want commitments to reform the IMF to be implemented, Russian Foreign
Greek bank shares were adding more than 7% in early Monday trade after the country's main political parties clinched a deal to form a national unity government to push through an EU
Former deputy president of the European Central Bank Lucas Papademos is the front runner to become Greece's new prime minister, Greek media wrote on Monday. "Lucas Papademos will be as of tomorrow
Asian shares struggled and credit markets weakened on Monday, with investors still nervous despite the agreement on formation of a new Greek unity government intent on avoiding imminent debt default. Investors were
Greek Prime Minister George Papandreou sealed a deal with the opposition on a crisis coalition to approve an international bailout, but details remain thin despite an EU ultimatum for Athens to get
The Cyprus House of Representatives approved on Friday a resolution calling on President Demetris Christofias to take responsibility attributed to him by an indepedent inquiry into a deadly blast at a naval base last July,
G20 leaders are likely to meet before their next scheduled summit in February to try and restore market confidence battered by the euro zone debt crisis, Canada's finance minister said on Saturday,
