Greece's second bailout may prove insufficient and a topping up of the euro zone's permanent bailout fund cannot be ruled out, the Austrian Chancellor was quoted as saying in a newspaper on Sunday. "I would not trust anyone who says that (the help) for Greece is enough," Werner Faymann said in an interview with Austrian

The chief negotiator for the body representing private sector holders of Greek bonds expressed confidence on Saturday that a bond swap deal which is a key part of Greece's bailout programme would be completed successfully next week. "We can sense in our discussions with investors that momentum is building," Charles Dallara, managing director of the

The euro zone will decide whether to increase its debt crisis firewall before the end of March after the European Central Bank said its extraordinary support measures would not be repeated, putting the onus squarely back on governments to act. Speaking after a two-day summit of EU leaders, Herman Van Rompuy, the president of the

Greece has received bids from eight companies to conduct geological surveys for oil and gas as it seeks to follow up on data from years ago indicating the potential for reserves in its western seas, the energy ministry said. The energy ministry on Friday identified the eight bidders as U.S. firm ION Geophysical, Norway's TGS-NOPEC,

Piraeus Bank, Greece's fifth-largest lender, announced a tender offer on Friday to buy back 489 million euros ($652 million) of subordinated bonds and hybrid securities as it bids to boost capital adequacy. The bank said the move would strengthen the structure and quality of its regulatory capital, and increase its Core Tier 1 capital by

The benchmark STOXX Europe 600 index could reach 270 in three months, said Goldman Sachs as it ruled out any near-term weakness in shares, and upgraded the European financial services sector, which is highly geared to equity market returns. Goldman also upgraded European banks and utilities sectors to "overweight" from "neutral," and financial services and

Greece invited bids on Friday for the management rights to the sprawling International Broadcasting Center (IBC) in Athens, as it pushes ahead with privatisation plans intended to raise 19 billion euros by 2015 to cut its debts. The IBC, built for the 2004 Olympic Games, is one of the biggest single structure buildings in Greece

The new incarnation of Canon's enthusiast full-frame 5D series – the EOS 5D Mark III. The camera has been improved over its predecessor in most areas and comes with a 22MP full-frame sensor, 6 frames per second continuous shooting and 1080p video at 24, 25 or 30 fps, offering the high quality intraframe (All-I) compression

Asian shares rose and the euro steadied on Friday after a flood of cheap European Central Bank funds this week eased fears of a meltdown in the euro zone financial sector, overriding some weak data and concerns about surging oil prices. The ECB's half a trillion euros in cheap, 3-year loans added to the banking