German Chancellor Angela Merkel and the head of the IMF warned of financial contagion on Wednesday unless a euro zone debt crisis is stopped in Greece, while investors fled to the safe
Euro zone economic growth should be stronger this year than previously thought and the budget gap lower, the European Commission said, but it warned of risks to recovery from financial market tensions
Expenditure on health services in 2007 is estimated at EUR 959.6 mln, according to a report just published by the Statistical Service. The Report entitled “Health and Hospital Statistics” provides statistical information
Authorised building permits leapt in February according to the latest figures from the Statistical Service. The number of building permits authorised by the municipal authorities and the district administration offices rose by
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 were down 0.3 to 0.4 percent, pointing to a weaker start on Wall Street on Tuesday. Pfizer is
The euro hovered close to a one-year low against the dollar on Tuesday on concerns about Greek debt problems and fears of possible contagion to other vulnerable euro zone countries. The euro's
The dollar rose on Tuesday as U.S. data showed factories running at their fastest pace in nearly six years, but stocks gains were reined in by worries about Greece's bailout and China's
Rating action follows downgrade of Piraeus Bank of Greece Moody's Investors Service has downgraded the bank financial strength rating (BFSR) of Piraeus Bank Bulgaria AD (PBB) to E+ from D-, its long-term
Indebted Greece was given a further shot in the arm on Monday when the European Central Bank said it would accept all Greek government bonds as security for loans, even if their
U.S. stock index futures rose on Monday as investors welcomed details of a fiscal aid package for Greece and focused on a merger that would create the world's largest airline. European countries
