Annual harmonised inflation in Cyprus in May rose to 4.1%, compared to 3.5% in April, according to figures released by Eurostat. Euro area annual inflation was 2.7% in May 2011, down from
European leaders are scrambling to save Greece from a debt default that could cause global economic turmoil, but the Greeks themselves seem in denial. In a reaction that is causing frustration and
Europe's beaches became more polluted with bacteria from the sewage of humans or livestock last year, the European Union's environmental watchdog said on Thursday. The European Environment Agency (EEA), which monitors 22,000
Greek Prime Minister George Papandreou appointed current Defence Minister Evangelos Venizelos as his new finance minister and deputy prime minister in a reshuffle on Friday, the government spokesman said. Here are some
Greek Prime Minister George Papandreou appointed Evangelos Venizelos as finance minister in a reshuffle on Friday, replacing George Papaconstantinou, the author of a painful IMF- and EU-mandated reform programme. Greek bank stocks
By Shavasb Bohdjalian We all know well that a large component of the $4 trillion in daily forex trading volume is generated by forex fund managers, forex traders and forex speculators, each
The IMF will release crucial loans to save Greece from default despite a likely delay by the European Union in agreeing a second bailout for the heavily indebted state, euro zone
– Five children in hospital after eating beefburgers – German discount chain Lidl withdraws "Steaks Country" line – No link to German E.coli outbreak, health official says – Box of suspected infected
A juror who contacted a defendant through the Facebook social networking website, causing a multi-million pound trial to collapse, was jailed for eight months on Thursday. Joanne Fraill, 40, admitted at London's
Veteran militant Ayman al-Zawahri has taken command of al Qaeda after the killing of Osama bin Laden, an Islamist website said on Thursday, a move widely expected following his long years as
