Euro skids to 4 month low

The euro slumped to four-month lows on Wednesday as the loss of a crucial support level triggered a wave of selling from investors afraid the single currency was embarking on a sustained

Europe Factors-Stocks set to extend gains

European equities were set to inch higher on Wednesday, adding to a sharp two-day rally, on growing optimism over the corporate earnings season. But the gains could be limited by mounting investor

Cyprus M&As plunge 80% in value

Dropped from €1.07 bln to €215 mln in 2009 The value of mergers and acquisitions involving Cyprus-based companies plunged by 80% in 2009 to EUR 215 mln, a far cry from the

EU, rating agencies ramp up pressure on Greece

The European Union and rating agencies piled pressure on Greece's government on Tuesday to quickly implement budget cuts but the agencies sounded cautiously optimistic over plans to fix public finances. Standard &