An agreement on a new financing package for Greece should be reached by July 11 at the latest, Slovak Finance Minister Ivan Miklos said on Wednesday, suggesting possible slippage on the timing
Standard & Poor's has lowered the long-term counterparty credit ratings to 'CCC' from 'B' on the four main Greek banks, following Monday’s cut in Greece’s long-term sovereign rating also to ‘CCC’. The
Spain's Economy Minister Elena Salgado said on Wednesday she expected Greece to receive funds to meet its July and August debt obligations. Tuesday's meeting with her euro zone peers had been positive,
Edgy investors ditched lower-rated euro zone government debt on Wednesday, sending Greek bond yields soaring to new highs after officials showed little sign of progress on a new deal to tackle Greece's
Stone-throwing Greeks clashed with police and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity measures for the debt-stricken euro zone state. Unions
. BY LAWRENCE H. SUMMERS Even with the massive 2008-2009 policy effort that successfully prevented financial collapse and depression, the United States is now halfway to a lost economic decade. Over the
. * Decision on Greek rollover may be crucial to bailout * Proposal to create European rating body in doubt * Other steps to curb agencies running into difficulties A year after
To Hollywood's great surprise, moviegoers will show up en masse for the rare summer film that features real actors, an original story and some genuine thrills. The new sci-fi mystery "Super 8"
Minister of Commerce, Industry and Tourism Antonis Paschalides is departing on Wednesday for Vienna, heading a business delegation to Austria, jointly organized by the Ministry of Commerce and the Cyprus Chamber of
Greek demonstrators prepared to cordon off parliament and unions to strike on Wednesday in protest at the Socialist government's efforts to approve a fresh round of austerity for the debt-stricken euro zone
