Strauss-Kahn charges on brink of collapse

 * Credibility of accuser called into question * Dramatic turnaround could alter French politics * The sexual assault case against former IMF chief Dominique Strauss-Kahn was close to collapse on Friday, sources

Austria upbeat on next Greek loan tranche

Austrian Finance Minister Maria Fekter gave an upbeat assessment of Greece's chances of getting a next tranche of bailout loans after its parliament passed tough reforms demanded by international partners. Euro zone

Cyprus earnings up 2.3% y/y in Q1

Monthly earning rose by 2.3% over the same period of the previous year in the first quarter, according to the preliminary estimations of the Statistical Service. This was lower than the 3%

UK teachers, civil servants strike over pensions

Thousands of British teachers and civil servants went on strike on Thursday over plans to reform public sector pensions, launching what could be extended action testing government resolve to drive through austerity