ANALYSIS: By Fiona Mullen If I had been given a euro (or preferably a Swiss franc) in the past six months every time I was asked by friends, colleagues or journalists whether
. By Shavasb Bohdjalian Forex traders warmly welcomed the EU sumit accord, which essentially means Greece has been saved, removing the main uncertainty which had dominated the forex markets over the past
. ANALYSIS * European politicians have mishandled immigration debate * Anti-immigrant political rhetoric offers no solutions Norwegian Anders Behring Breivik said he killed 93 people to spark a "revolution" against the multiculturalism
. Yet another bastion of anti-entrepreneurship and free market obstacles has finally come down. It took a court decision last week to determine that the antiquated laws restricting sales periods for retailers
The fragile coalition government in Cyprus is headed to collapse as the junior partner is disappointed by the mainly communist government’s inability to deal with a major energy, financial and political crisis.
Gold fell on Wednesday after hitting record highs near $1,630 an ounce, as a broad sell-off of riskier assets prompted bullion investors to take profits amid mounting fears of a U.S. debt
Debt issued by Cyprus will no longer be eligible for use with clearing house LCH.Clearnet's repo service following Moody's move to cut Cyprus' credit rating cut earlier on Wednesday, the company said.
The island’s two main lenders, Bank of Cyprus and Marfin Popular Bank, have issued a total of 1 bln euros in covered bonds, both eventually aiming to issue a total of 10
* Economic sentiment drops in July * Moody's cut Cyprus's credit rating by two notches on Wednesday, saying an energy crisis and fallout from the island's banks' exposure to Greek debt risked
Deutsche Bank, BNP Paribas and HSBC are advising Greece on its planned voluntary swap of privately-held government bonds for longer maturity paper, a finance ministry official told Reuters on Wednesday. Greece's private
