Brent crude dropped below $117 a barrel on Monday on growing fears of a possible sovereign debt default on either side of the Atlantic and as another potential emergency stock release from
German Chancellor Angela Merkel called on Sunday for private investors to make a major contribution to bailing out Greece, as pressure rose for radical action to cut the country's debt burden. Officials
One-third of Greek Cypriots believe Cypriot President Demetris Christofias should resign, blaming him for a deadly munitions blast which plunged Cyprus into an energy crisis last week. A poll by the leading
National Council is holding today a meeting at 10.00 (7.00 GMT), following the tragic incident at “Evaggelos Florakis” Naval Base, on July 11th, that caused the death of 13 people and the
Greek Minister of Defence Panayiotis Beglitis arrives in Cyprus on Monday for a three-day official visit, at the invitation of his Cypriot counterpart Demetris Eliades. On Monday, Beglitis, accompanied by Eliades, will
Ratings agency Moody's on Monday suggested the United States should eliminate its statutory limit on government debt to reduce uncertainty among bond holders. The United States is one of the few countries
The National Federation of Cypriots in the UK staged a rally on Sunday in London to demand an end to Turkey's military occupation of Cyprus' northern third, with Government Spokesman Stephanos Stephanou,
Former White House aide Lawrence Summers on Sunday urged Europe to take a more aggressive response to the debt crisis sweeping the region and suggested patience with its approach was running thin.
Spot gold touched a record high on Monday, on track for its longest winning run in at least four decades, reflecting persistent worries about the euro zone debt crisis and a growing
A phone-hacking scandal centered on Rupert Murdoch's News Corp cost Britain's top policeman his job and renewed questions on Monday about Prime Minister David Cameron's judgment. British newspapers reported that Cameron was
