. By Shavasb Bohdjalian Greece’s government pledged to place 30.000 civil workers in a “reserve pool” before firing them as part of a 6.6 billion-euro austerity package, which if implemented, would leave
Brent crude rose above $101 a barrel on Wednesday, snapping a three-day losing streak, after the Federal Reserve promised to launch more measures to help the fragile U.S. economy and European finance
The euro faltered on Wednesday as macro funds and Tokyo exporters piled pressure on it by taking profits after an overnight rally, but charts suggested recent heavy selling could ease for now.
A 24 hour strike scheduled by Greek air traffic controllers for Wednesday as part of wider public sector strike is expected to affect Cyprus’ flight schedule, according to Hermes Airports spokesperson Adamos
* Aid payment delayed until mid-November * European finance ministers are considering making banks take bigger losses on Greek debt and have postponed a vital aid payment to Athens until mid-November, setting
The euro zone is considering changes to a deal done with private bondholders of Greek debt because most investors chose the option that is most expensive for governments, Austrian Finance Ministers Maria
* Law breaches EU competition rules; Favours OPAP betting monopoly * The world's largest online gambling operators asked the European Union on Tuesday to investigate a new Greek gaming law, saying it
. The slogans on the street are about storming the barricades, but when you talk to Greeks about the financial crisis that has brought their country to its knees, their anger quickly
British finance minister George Osborne confined pro-growth steps to measures including a freeze in the tax households pay for local services on Monday, pinning his hopes for recovery on a resolution of
Revenue from tourism jumped by 10.7% over the year earlier to reach EUR 267.0 mln in August 2011 compared to EUR 241.1 mln in August 2010, according to the Statistical Service’s Passenger
