Cyprus will fulfill short – term fiscal goals

Minister of Finance Charilaos Stavrakis has expressed conviction that Cyprus would fulfill its short- term fiscal goals. Stavarkis told journalists Wednesday that Cyprus’ fiscal deficit for 2010 is expected to reach, based

Lehman Brothers amends bankruptcy plan

Bankrupt financial company Lehman Brothers Holdings Inc proposed a new plan for divvying up billions of dollars among its creditors after bondholders said the previous version was unfair. The plan filed late

Dollar steady ahead of Fed

European shares rose on Wednesday after U.S. President Barack Obama's plan to freeze government spending boosted sentiment, while Porsche jumped as it said its merger with Volkswagen was on track. By 1001