Greek Prime Minister Costas Karamanlis on Tuesday promised tough economic measures to deal with Greece's ballooning debt, saying he was confident voters would opt for his difficult path in Oct. 4 elections.
HSBC is close to selling a trio of landmark offices in London, New York and Paris to boost its balance sheet by around $2 billion by end-2009, a person familiar with the
The Bank of England does not plan any imminent change to its monetary framework by altering the interest rate it pays on commercial banks' reserves, say economists who attended a meeting with
BNP Paribas announced a 4.3 billion euro ($6.3 billion) capital raising on Tuesday as France's biggest bank joined the ranks of top European lenders seeking to escape from state support. Many banks
Italy staked its claim on Tuesday to the European Central Bank presidency after Jean-Claude Trichet's mandate expires in October 2011, setting the stage for a fight with EU powerhouse Germany. Italian Foreign
Unravelling high public debt and fiscal shortfalls will slow recovery for the European Union's eastern economies and present laggard Hungary is poised to shine in 2011 after being the first to tackle
Commonwealth Secretary-General Kamalesh Sharma will visit Cyprus from 30 September to 2 October 2009 on the occasion of a Commonwealth Finance Ministers Meeting to be held in Limassol on 1-2 October. According
The global financial crisis will be the focal point of the discussions among the Finance Ministers from the Commonwealth countries who will meet in the southern coastal town of Limassol, between 30
Britain's leading share index was 0.4 percent weaker in mid-session trade on Tuesday, with weakness in commodity stocks outweighing gains in financials as investors booked profit after recent gains. By 1146 GMT
European shares dipped on Tuesday after the previous session's sharp gains, dragged lower by commodity stocks, but financials offered support after BNP Paribas raised capital to shake off government influence. Financials were
