The Greek economy has great growth potential and the present crisis could become a catalyst for a new course that could reform the economy, improving competitiveness and prosperity, Bank of Greece governor
Foreign investment flows are strengthening Hungary's resistance to a new international aid deal and raise the chance of a disappointing 2011 budget that could prompt rating downgrades and a market sell-off. End-of-summer
Britain's banks will be subject to a wide-ranging probe that will examine the possible break-up of retail and investment banks and ways to boost competition, although no single option is favoured at
British financial information group Euromoney said it expected to make record pretax profit this financial year after advertising and delegate numbers to its events recovered in August and September. The first of
The dollar jumped against the yen on Friday on talk Japanese authorities intervened in markets for the second time in just over a week to weaken a currency they fear is undermining
Minister of Communications and Works Erato Kozakou Markoullis said on Thursday that the Republic of Cyprus was making focused efforts on a level of EU Transport Ministers and European and international organisations
Greek private sector workers will not strike against austerity measures anytime soon but the government must be aware rising unemployment may spark unrest, a union leader told Reuters on Thursday. Less affected
The European Commission said on Thursday there were no plans to extend an emergency loan agreement with heavily indebted Greece. A spokesman for the European Union executive, in response to a question,
Greece's plan to sell 'diaspora' bonds to tap Greek money abroad will be ready by the end of this year, the head of the country's debt agency (PDMA) said on Thursday. "The
Starbucks Corp said it plans to charge more for large-sized and labor-intensive drinks because of surging prices for coffee and other commodities. The world's biggest coffee chain, which expects to maintain or
