Greece agreed with its EU and IMF lenders to impose yet deeper austerity, a senior official said on Thursday, as unease grew in the ruling party that the government will try to
The 17-nation euro zone should consider establishing a central finance ministry as it tightens coordination of national economic policies to fight crises, the head of the bloc's central bank said on Thursday.
Greece's largest toyseller Jumbo, that operates three stores in Cyprus, raised its full-year sales outlook, despite the country's recession, after sales in the eleven months to May were flat. The company said on
Greece intends to present a fresh austerity plan on Friday, a government official said, after Moody's cut its credit rating deep into junk territory and said there was an even chance of
Consumer price inflation climbed again in May, with prices rising by 3.9% compared with the same period of the previous year. This is the fourth straight month of increase, and could mean
Fitch has placed Bank of Cyprus on negative watch and downgraded Marfin Popular Bank's Long-term Issuer Default Rating to BBB- from BBB – placing its individual rating on negative watch. The rating
For his doctors, Timothy Ray Brown was a shot in the dark. An HIV-positive American who was cured by a unique type of bone marrow transplant, the man known as "the Berlin
Greece has agreed to sell a 10% stake in OTE Telecom to Deutsche Telekom, exercising a put option, and has begun talks on selling a further 6% to the German firm, Greek
Flamboyant pop star Lady Gaga has scored her first No. 1 album in the United States after a 99-cent promotion by Amazon.com sent the much-hyped release past the rare million-copy mark in
Suspected Chinese hackers tried to steal the passwords of hundreds of Google email account holders, including those of senior U.S. government officials, Chinese activists and journalists, the Internet company said. The perpetrators
