Greece's 2010 budget deficit was bigger than estimated at over 10 percent of GDP, heralding yet more austerity measures, a source close to the country's international lenders told Reuters on Thursday. The
* 25 bps rate rise is first since July 2008 * Policy "very accommodative", to watch prices very closely * Trichet says hike not seen as first in a series * ECB
Officials from the Cypriot, the Danish and the Polish Ministries of Health will meet on Friday to discuss issues related to the Presidency of the EU. According to an official announcement, the
Inflation in Cyprus reached 2.8% in March 2011 compared to 2.4% in the previous year. According to an official press release, the Consumer Price Index for March 2011 increased by 1,12 units
* Majority of Greeks expect debt restructuring, poll says * Greece not seen returning to bond markets in 2012 Most Greeks believe their country will not be able to return to bond
British astrophysicist Martin Rees, whose research delves deep into the mysteries of the cosmos, has won the 2011 Templeton Prize for career achievements affirming life's spiritual dimension. The one million sterling ($1.6
Rooting out one dishonest investment banker amongst the hundreds who sign confidentiality agreements for a merger is virtually impossible despite the checks and balances banks put in place. On Wednesday, U.S.
Microsoft Corp and Toyota Motor Corp unveiled a plan on Wednesday to work together on bringing Internet-connected services to Toyota's cars across the world. The world's biggest software company and the biggest
* Markets already thought bailout almost inevitable * EU can easily cope with size of bailout * Spain now has good chance of avoiding contagion * Portugal rescue may be simpler than
Spain will not follow ailing neighbour Portugal in seeking a European bailout, Spain's Economy Minister said on Thursday, hoping Lisbon's move will draw a line under Europe's debt crisis. Caretaker Prime Minister
