Coca-Cola Hellenic (CCH) , the world's second-largest bottler of Coca-Cola Co. soft drinks, posted a wider than expected loss in the first quarter, hurt by austerity in debt-laden Greece and higher commodity
Euro zone governments kept Greece afloat on Wednesday after agreeing a payment of 5.2 bln euros from the region's bailout fund, despite opposition from some member states following the Greek election results.
Asian shares fell for a sixth straight session on Thursday, with sentiment taking a further hit from mounting worries about the health of Spanish banks while deepening political chaos in Greece seemed
Coca-Cola Hellenic (CCH), the world's second-largest bottler of Coca-Cola, said it would propose a capital return to its shareholders of 34 cents a share, reducing the par value by 125 mln euros.
Shares, precious metals and oil fell and the euro remained pressured on Wednesday as Greece struggled to form a government after an election that saw incumbent parties punished, heightening the risk that
EasyJet said seasonal first half losses narrowed, helped by cost cutting initiatives and minimal weather-related disruption, and that it expected second half revenues to grow by up to 5 percent. Europe's second-largest
European Union countries must find ways to boost growth at the same time as putting public finances in order, and EU leaders will meet on May 23 to discuss how to achieve
Leading German politicians warned Greece on Tuesday that the country would not receive a cent more aid unless it fulfills all the conditions of its international bailout. An election on Sunday in
Czech First Deputy Prime Minister and Minister of Foreign Affairs Karel Schwarzenberg stressed that no country from outside the European Union can intermingle in it or proclaim conditions for another member state.
Uncertainty over the implications of the Greek and French elections for Europe's efforts to resolve its debt crisis sent the euro and shares lower on Tuesday and supported safe-haven German government bonds.
