Germany plays down talk of tax cuts

The German government on Wednesday played down reports that tax cuts, one of the main platforms of Chancellor Angela Merkel's allies, were back on the agenda after being shelved because of the

G20 farm ministers tussle over trading rules

G20 agriculture ministers considered French proposals to tighten regulation of commodity markets and set up emergency reserves as they gathered on Wednesday for a first-ever summit that aims to tackle rising food

Hedge funds seek rich pickings from Greek crisis

Hedge fund managers are sifting through the rubble of the deepening Greek debt crisis to find money-making opportunities, though political uncertainty makes it a risky business. Executives at the annual GAIM conference

Cyprus’ EU Presidency head resigns

Andreas Moleskis, Head of the Secretariat of the Cypriot EU Presidency, resigned on Wednesday over allegations of nepotism for a job appointment in Brussels. Moleskis was criticised by Auditor General Chrystalla Yiorkadji

Lehman II can be avoided if Greece defaults

The ghost of Lehman Brothers stalks European financial markets as central bankers warn a Greek debt default could trigger even worse turmoil than the collapse of the U.S. investment bank. But there