Rising bad debt provisions continued to squeeze Greek bank earnings in the first quarter with ATEbank remaining in the red and Eurobank managing a profit but after booking gains from the sale
The hotel maid whom Dominique Strauss-Kahn is accused of sexually assaulting has added two attorneys to her legal team as she considers a possible civil action, the attorney already representing her said.
Asian stocks were on course for their biggest gain in a month on Thursday, led by resources and consumer sectors, with recovering commodity prices and the euro's rebound toward $1.42 bringing investors
Failure to find political consensus on austerity in Greece threatened to plunge the euro zone deeper into crisis on Wednesday, eclipsing Finnish approval of EU/IMF aid for Portugal after weeks of bitter
The Greek government is considering organising a referendum on additional austerity measures after it failed to reach consensus with the opposition, local newspapers reported on Wednesday. Opposition leaders rejected on Tuesday belt-tightening
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– Ash over parts of Denmark, Sweden, Norway, Germany – Some disruption but no mass shutdowns of airspace – So far no repeat of 2010 flight chaos Two German airports halted flights
France's finance minister is set to declare on Wednesday she wants to be the next head of the IMF even though big emerging economies have decried Europe's "obsolete" grip on the top
The euro and oil slipped on Wednesday as a rally the previous day fizzled on fears about Europe's spreading debt crisis and the potential for a further reduction of positions in risky
Greek Prime Minister George Papandreou sought but failed to get consensus from opposition leaders on Tuesday on a new set of austerity measures aimed at averting default. On Monday, Greece unveiled a
