European Central Bank President Jean-Claude Trichet told Italy to deliver on promises to control its strained public finances and reform its economy, adding to international pressure on weakened premier Silvio Berlusconi. ECB
The bad bank of nationalised mortgage lender Hypo Real Estate will swap Greek sovereign bonds with a face value of almost 1 bln euros ($1.4 bln) for new Greek debt as part
. * Worried about Afghan drugs, seeks economic gains Russia agreed with Tajikistan on Friday to extend the deployment of its military base in the country, a move likely to boost Moscow's
Foreign Minister Ahmet Davutoglu said on Friday Israel's diplomatic presence in Turkey was being cut to second secretary level, effectively expelling Israeli diplomats in protest over an Israeli raid on a Gaza-bound
Some of the world's richest families are cutting their holdings in gold to take profits on the run-up in prices and are buying high-end art to preserve their wealth during market turmoil,
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
