Euro climbs toward $1.42

Asian stocks were on course for their biggest gain in a month on Thursday, led by resources and consumer sectors, with recovering commodity prices and the euro's rebound toward $1.42 bringing investors

Britain to review military bases in Cyprus

Britain will review its military bases in Cyprus as it seeks to extract maximum value from a shrinking defence budget, Defence Secretary Liam Fox said in a statement to parliament on Tuesday.

Cyprus attracts Polish investment funds

By Shavasb Bohdjalian Cyprus has taken the lead in attracting Polish investment funds that are eager to take advantage of the recent change in Polish tax law, which allows EU Funds the

Greece considers referendum on austerity

The Greek government is considering organising a referendum on additional austerity measures after it failed to reach consensus with the opposition, local newspapers reported on Wednesday. Opposition leaders rejected on Tuesday belt-tightening