Greece's deputy labour minister resigned on Monday saying the government was not being aggressive enough in pushing for changes to an unpopular bailout, becoming the third cabinet member to quit the fledgling coalition in as many weeks. The resignation is a new setback for Prime Minister Antonis Samaras, whose government had already stumbled to a
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An earthquake measuring 6.0 on the Richter scale on Monday afternoon and with an epicentre 90 kilometres south east of the Greek island of Rhodes, was felt as far as the Cyprus capital, Nicosia, some 400 kilometres away. The quake was recorded at a depth of 50 kms and was felt in Nicosia, as well
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Dogs are no longer just man's best friend: The furry family members may also protect infants against breathing problems and infections, a new study suggests. Researchers found that Finnish babies who lived with a dog or – to a lesser extent – a cat spent fewer weeks with ear infections, coughs or running noses.
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Asian shares slid on Monday after U.S. jobs data and cooling inflation in China exacerbated worries about flagging global economic growth, with investors not particularly hopeful that a European meeting later in the day would bring further progress for the region's banks. The euro hit a two-year low of $1.2225 in early Monday Asian trade,
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Greece's new conservative-led government won parliamentary approval in the early hours of Monday, but faced the much tougher task of convincing European partners and the IMF to give it more time to meet the terms of its bailout. There had been little doubt the government would sail through the confidence vote after a heated three-day debate in
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Euro zone finance chiefs will try to flesh out plans to reinforce the single currency on Monday but their talks in Brussels may do little more than highlight the limitations of last month's deal to help indebted states and banks. Decisions on banking supervision, how to use euro zone bailout money, aid to Spain and
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Greece will sell four Airbus A340-300 passenger jets that belonged to former state carrier Olympic Airways which is now privatised, as part of divestments to pay down public debt, the finance ministry said on Sunday. The aircraft will be sold to Apollo Aviation Group, the highest bidder in a tender, for $40.4 million based on
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At least 45 people died and thousands of houses were flooded after torrential rains, storms and landslides hit Russia's Krasnodar region near the Black Sea, a local police spokesman told Reuters on Saturday. Novorossiisk, Russia's largest Black Sea port, halted crude oil shipments on Saturday, a spokesman for oil pipeline operator Transneft told Reuters. "In
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Syrian artillery hit villages in northern Lebanon on Saturday killing two women and a man and wounding scores more after opposition rebels crossed the border into Lebanon, residents said. Residents of the Wadi Khaled region said several mortar bombs started falling on farm buildings 5 to 20 km from the border at around 2 a.m.
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Formula One championship leader Fernando Alonso lapped fastest for Ferrari in a dry final practice session for the British Grand Prix on Saturday. After Friday's rain triggered traffic gridlock, the conditions provided some respite although there were still long jams on some approach roads to Silverstone despite organisers urging tens of thousands of ticket-holders to
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