The European Commission sees a "deep but inevitable adjustment" for the Greek economy, in its spring report on the EU member-states' economies for the period 2010-2011 published in Brussels and released on
The Green Party made its most significant political breakthrough in Britain on Friday when it won its first ever national parliamentary seat in the southern English seaside city of Brighton. Caroline Lucas,
U.S. Treasury Secretary Timothy Geithner will discuss efforts to get aid to debt-stricken Greece with fellow finance ministers from Group of Seven nations on Friday, a Treasury spokesman said on Thursday. Finance
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Shock waves from the relatively small Greek economy reverberated around the world, as investors worried about the chances of other European governments facing a similar debt crisis. Group of Seven finance ministers
Following the recent downgrade of Greek banks as a result of sovereign weakness, the potential contagion of sovereign risks to banking systems could spread to other countries such as Portugal, Spain, Italy
Unemployment still rose over the year earlier in April but the pae of increase continued to moderate. The number unemployed persons registered at the District Labour Offices on the last day of
Annual inflation inched up in April, according to the latest figures from the Statistical Service, recording 2.44% compared with a rise of 2.40% in March. Over the previous month, prices rose by
Turkish Cypriots spent EUR 5.1 mln using credit and debit cards in the southern part of Cyprus during the first four months of the year, according to data from the credit card
Credit card spending by locals fell in April according to data from the credit card company JCC, after a run of two months in which spending sharply. Local plastic card use by
