The second call for proposals under the EU Grant Scheme “Making the Labour Market more inclusive” will give grants of between EUR10.000 and EUR 50.000 to enterprises, career counselling and training institutions
The U.S. government's $700 bln bailout fund is unlikely to be enough, with the financial system needing more than $1 trillion to get through the crisis, two of Wall Street's top dealmakers
Chip giant Intel Corp cut its fourth-quarter revenue forecast by about 14 percent citing weak demand across the world and in all its products, indicating the economic crisis is set to hurt
Japan is ready to offer up to $100 billion to the International Monetary Fund to assist emerging economies, a Japanese government source said on Thursday, ahead of a global summit on the
Asian shares fell on Thursday to their lowest this month on uncertainty about the U.S. Treasury's banking rescue plan and signs the global financial crisis biting deeper in Asia. Japan's Mizuho Financial
The Cyprus problem remains a very difficult issue and is an obstacle in Turkey’s accession to the EU, said Bernard Kouchner, the French Minister of Foreign and European Affairs. Kouchner made the
President of the Republic of Cyprus Demetris Christofias has convened a meeting on Friday to discuss in detail the support plan of the economy which is being drawn up by the government
Cyprus House President Marios Garoyian expressed his satisfaction for the cooperation between the parliaments of Cyprus and Armenia, in the framework of international organizations, assuring that Cyprus wants to contribute to the
Oil fell more than 4 percent to below $57 a barrel on Wednesday, its lowest level for 20 months, on expectations of weaker energy demand and as global stock markets headed downwards.
Treasury Secretary Henry Paulson on Wednesday said he was backing away from buying troubled mortgage assets using a $700 billion bailout fund, instead favoring a second round of capital injections into financial
