Greece is on track in its efforts to cut spending and return to financial stability, and concerns that it could be forced to restructure its debt are unfounded, the EU's economic and
Greece's biggest electricity producer, PPC (DEH), is expected to report a 14% drop in first-half profit, hurt by higher fuel costs, taxes and lower power consumption as a result of Greece's ongoing
Japan's Nikkei average hit a 15-month closing low below 9,000 points on Tuesday, with hedge funds and foreigners seen selling amid mounting concern about the authorities' inaction on a strong yen, which
Crude fell for a fifth day and gasoline component RBOB tumbled to a 6-and-a-half month low, as the dollar strengthened and the end of U.S. summer holidays approached without triggering a seasonal
Piraeus Bank, Greece's fourth-largest lender, is expected to report a second-quarter loss, hit by a one-off austerity tax and higher loan-loss provisions as the recession deepened. Piraeus will get the ball rolling
. Sweden's centre-right coalition government, seeking a new four-year term in an election next month, has pledged tax cuts for pensioners and more health spending. The centre-right Alliance bloc, led by the Moderate
Egypt's general prosecutor ordered that the government's head of fine arts be detained for four days pending an investigation into the theft of a Van Gogh painting worth an estimated $55 mln,
Greek business and household bank deposits shrank for a sixth straight month in June to reach 216.5 bln euros, central bank data showed on Monday. The data showed that since the start
An armed man released the hostages he had taken during a bank robbery in Athens' port of Piraeus on Monday and turned himself in, police said. Three men had stormed into a
Pakistan braced for more flooding in the south as officials were due to hold talks in Washington on Monday with the International Monetary Fund on how to shore up the battered economy
