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The Director-General of Eurostat, Walter Radermacher met Minister of Finance Charilaos Stavraki and state officials competent on economic issues, during his one-day visit in Cyprus, on Monday. According to announcement, issued today

Cyprus President Demetris Christofias departs Wednesday for Brussels, in order to participate in the Informal Council of heads of state or government of the European Union that begins on Thursday. According to

If the European Union can't quell concerns over Greece's debt burden, the International Monetary Fund may have to step in, whether or not its help is welcome. German sources told Reuters on

Asian stocks rose on Wednesday on signs that the European Union may rescue debt-strapped Greece, coaxing nervous investors back to riskier assets, but uncertainty over the plan weighed on the euro. Major

Moody's upgraded the outlook for Lithuania's debt rating recently, but that means nothing to people like Lijandra Garniene. Sitting in a cramped one-room apartment in Vilnius, the mother of four, a former

The worldwide natural gas industry is complex – so complex that Moody's Investors Service classifies individual companies using six different categories. But a new report from the ratings agency sets out to

European equities edged higher in morning trade on Tuesday, supported by stronger mining shares, but persistent worries about fiscal problems in Greece, Spain and Portugal forced investors to stay cautious. At 0923

Gains in miners and banks helped lift Britain's top share index 0.2 percent early on Tuesday as concerns about Europe's fiscal problems eased somewhat, but investors stayed cautious and moves were muted.

Swiss bank UBS posted its first quarterly net profit since Oswald Gruebel took the helm a year ago but clients withdrew far more money than forecast, signaling he may need more time