Markets rose on Wednesday as investors hoped Greece would deliver on a commitment to enact harsh reforms, while comments from China's central bank governor saying Beijing would continue to invest in euro
Entering the fifth year of recession, Greece is writing its name in the book of unwanted records for one of the deepest economic slumps of modern times. The Greek economy shrank 6.8
Greece's government was considering further cuts to defence spending and public sector salaries on Tuesday to secure approval for a multi-billion-euro EU/IMF rescue package, government sources said. The cuts were on the
The European Union is likely to take action against Spain's newly installed government by May for delaying austerity measures ahead of a regional election next month, sources familiar with the situation have
Shares and the euro fell on Tuesday after Moody's warned it could downgrade top-rated sovereigns including Britain, reminding investors that Europe is still deeply mired in a debt crisis despite Athens' steps
Card spending by Greek Cypriots north of the UN-monitored Green Line dropped by 17.8% compared with the year earlier in January, while spending by Turkish Cypriots fell by 8.6% in the same
Dutch police arrested a man suspected of making a bomb threat at Amsterdam's Schiphol Airport on Monday after the scare forced a partial evacuation at the airport, one of Europe's busiest, military
Greek parliamentarians have voted through an austerity package that keeps their hopes of securing a 130 billion euros bailout from the European Union and International Monetary Fund on track. But more hurdles
Relief over the passing of austerity measures by the Greek parliament saw bank shares lead European stocks higher on Monday, while the euro also gained even though more steps are needed before
Tortuous negotiations over a second bailout for Greece are set to come to a head on Wednesday, putting fragile market confidence to the test on the same day data is tipped to
