Talks between Greece and international inspectors on whether it has met conditions for a new aid tranche have been put on hold, officials said on Friday, after disagreements over why and by
The overwhelming dominance of Barcelona and Real Madrid in their domestic league will inevitably lead them to abandon Spain for European competition, former Real director general Jorge Valdano said on Friday. Valdano,
Inflation rate declined 2,9% in August, compared to 3,7% in July 2011. According to Cyprus Statistical Service data published Thursday, the rate of increase of the Consumer Price Index, and therefore the
Europe's most indebted nations are under heavy pressure from their richer neighbours to sort out their finances, but they are unlikely to mimic the impoverished gentlefolk of old by selling off the
Italy must make structural reforms and maintain the commitment it made last month to cut its deficit and increase the flexibility of its economy, European Central Bank President Jean-Claude Trichet said. In
New Japanese Prime Minister Yoshihiko Noda picked a relatively lightweight lawmaker as finance minister on Friday, signalling the fiscally conservative leader intends to call the shots on key economic policies himself. Noda,
Hong Kong shares look set to snap a four-day winning streak on Friday with cyclicals leading losses after the Hang Seng Index ran into stiff resistance at around 21,000, with investors cautious
Most Finns think the sole Nordic euro member state should not back loans to Greece under a new bailout package, an opinion poll showed on Friday. According to a survey published in
* Report had said gov't spending was "out of control" * The chief of an independent Greek budget committee resigned on Thursday after the country's finance minister attacked the group for saying
The outlook on Cyprus's banking system remains negative, Moody's Investors Service said in a report Thursday. The rating agency’s pessimistic view is based on the tough operating environment in the banks' main
