Four companies have so far purchased tender documentation for the upcoming sale of a majority stake in Serbia's state-run Telekom Srbija telephone company, the Finance Ministry said on Thursday. German Deutsche Telekom,
Jumbo SA, Greece's biggest toy seller, sees full-year net profit falling 24% as consumption shrinks in the austerity-hurt country, Chief Executive Tolis Vakakis said on Thursday. "We have provided a guidance of
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Another 17 U.S. billionaires, including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz, have pledged to give away at least half their fortunes in a philanthropic campaign led by Warren Buffett and Bill
Greece's ruling Socialists are still more popular than the conservative opposition despite tough austerity measures but the gap is narrowing, a poll showed on Wednesday. The poll of voting intentions by MRB
Financial markets nervous ahead of EU summit * Bickering among European Union leaders escalated on Wednesday over a proposal for joint euro zone bonds to overcome the bloc's debt crisis, with Germany
The euro zone needs coordinated action to resolve its debt crisis, EU Economics and Monetary Affairs Commissioner Olli Rehn said on Thursday. "We have to take well-coordinated action to safeguard stability in
EU regulators have dropped antitrust charges against Visa after accepting the company's pledge to cut its debit card fees to one lower rate for domestic and cross-border transactions across nine EU countries.
Despite a 68% climb in French direct investments in Cyprus, tourist arrivals from France to Cyprus remain low, a Cyprus-French business breakfast heard today. In statements following a business breakfast organised by
Minister of Commerce, Industry and Tourism Antonis Paschalides, said he was satisfied with tourist arrivals to Cyprus. Addressing the Annual General Assembly of the Cyprus Hotel Managers’ Association (PASYDIXE), the Minister said