Greece's top tax official resigned on Wednesday two days after Moody's slashed the country's credit rating, citing shortfalls in tax collection. A government spokesman said that Dimitris Georgakopoulos, Secretary General at the
All shops in England will be banned from openly displaying tobacco products by April 2015 as part of a government package of measures to cut smoking. The Department of Health, announcing the
Euro zone countries are working on what they call a "comprehensive package" of measures which they hope will resolve the region's debt crises. The aim is to finish the package by a
Cyprus Minister of Commerce, Industry and Tourism Antonis Paschalides has stressed the opportunities that Cyprus offers as a tourist destination. Speaking in the framework of a press conference of the Cyprus delegation
The European Central Bank's Ewald Nowotny urged euro zone leaders to agree a pact on competitiveness and said it would be fair to fine tune aid given to countries who have worked
Assets at Swiss private bank EFG International fell in 2010 as the negative effects of a strong Swiss franc and withdrawals by institutions outweighed strong new money inflows from private clients. The
Cyprus Airways broke even in 2010, lifted by a state bailout given to the cash-strapped national carrier because of a ban in flying over Turkey. The national carrier, which is majority controlled
. Euro zone leaders will take the next cautious steps in their year-long effort to quell the region's debt crisis at a summit on Friday, but the meeting is unlikely to produce
Ratings agency Moody's downgraded six Greek banks after on Wednesday slashing the country's sovereign rating by three-notches earlier this week. Greek bank shares fell by as much as 3% during Tuesday's session
Warner Bros is making some of its films available on Facebook, opening up a new revenue source for the Internet social network and signaling new competition for online entertainment companies. Consumers can
