Russia has invited members of Libya's interim government to Moscow to discuss the future of Russian energy contracts in the country stricken by six-months of civil war, Foreign Minister Sergei Lavrov said
Greece may sell its stake in the country's biggest refiner, Hellenic Petroleum , earlier than originally planned, the country's environment minister said on Saturday. Greece has pledged to sell state assets in
Gold surged nearly 3% on Friday, hitting its highest level since last week's record, as investors sought refuge in safe haven assets following a bleak U.S. labor market report. Some investors viewed
European Central Bank President Jean-Claude Trichet told Italy to deliver on promises to control its strained public finances and reform its economy, adding to international pressure on weakened premier Silvio Berlusconi. ECB
The bad bank of nationalised mortgage lender Hypo Real Estate will swap Greek sovereign bonds with a face value of almost 1 bln euros ($1.4 bln) for new Greek debt as part
Talks between Greece and international inspectors on whether it has met conditions for a new aid tranche have been put on hold, officials said on Friday, after disagreements over why and by
The overwhelming dominance of Barcelona and Real Madrid in their domestic league will inevitably lead them to abandon Spain for European competition, former Real director general Jorge Valdano said on Friday. Valdano,
Europe's most indebted nations are under heavy pressure from their richer neighbours to sort out their finances, but they are unlikely to mimic the impoverished gentlefolk of old by selling off the
Italy must make structural reforms and maintain the commitment it made last month to cut its deficit and increase the flexibility of its economy, European Central Bank President Jean-Claude Trichet said. In
New Japanese Prime Minister Yoshihiko Noda picked a relatively lightweight lawmaker as finance minister on Friday, signalling the fiscally conservative leader intends to call the shots on key economic policies himself. Noda,
