Greece's budget deficit widened last year as an austerity-fuelled recession cancelled out much of the extra revenues the government was hoping to raise through emergency taxes, data showed on Thursday. The central
Greece's privatisations agency said on Wednesday it shortlisted three companies that expressed interest in the sale of its state lotteries. The state lotteries tender was launched last month as part of an
A backlash against rising inequality — evident from the Occupy movement to the Arab Spring — risks derailing the advance of globalisation and represents a key threat to economies worldwide, according to
The stable albeit cautious outlook for Turkish corporates reflects a number of risk factors that could potentially affect their credit quality over the next 12-18 months, Moody's said in a Special Comment
Hedge funds are taking on the powerful International Monetary Fund over its plan to slash Greece's towering debt burden as time runs out on the talks that could sway the future of
The Swiss National Bank starts the search for a new board member on Tuesday after the resignation of Philipp Hildebrand as chairman over a controversial currency trade made by his wife. Hildebrand's
Asian shares made solid gains and the euro rose on Tuesday, but concerns over euro zone sovereign funding ahead of key auctions outweighed some optimism on the economic outlook elsewhere and kept
German Chancellor Angela Merkel warned Greece on Monday it would not be possible to give further aid without rapid progress on its second rescue package, including a voluntary write-down on Greek debt
Iran's judiciary said on Monday a death sentence had been passed for an Iranian-U.S. citizen on charges of spying for the United States, the students news agency ISNA reported. "A death sentence
Signs of improvement in the German and U.S. economies helped offset concerns over the prospects for euro zone debt auctions later this week, lifting the single currency and European shares on Monday.
