The Council of Ministers approved Thursday officially the agreement signed Wednesday between Cyprus and Qatar for the creation of a joint venture for a major project in Nicosia, which will include a
Cyprus’ public deficit reached in 2009 6,1% of the GDP, or 1,029 billion euro, in absolute numbers. According to data issued Thursday by Eurostat, 14 Eurozone member states recorded a deficit over
U.S. stock index futures fell on Thursday as Greece's financial position appeared to deteriorate, hurting risk appetite. Doubts over Greece's ability to finance itself have triggered negative investor sentiment in recent months.
Financial markets ticked over hesitantly on Thursday with investors digesting mixed U.S. earnings results and waiting for the next move in Greece's debt crisis. World stocks as measured by MSCI were flat
Britain's public finances came in slightly better than economists had expected in March, but official figures on Wednesday still confirmed the 2009/10 fiscal year as the worst since records began after World
Asian stocks fell on Thursday as several major U.S. firms issued disappointing profit outlooks, casting doubts on the strength of a global recovery, and as investors grew impatient for action on Greece's
Germany's main opposition party threatened on Wednesday to block government plans to fast-track parliamentary approval of aid for debt-ravaged Greece, a move which could end up delaying a critical bailout for weeks.
Robust fixed income trading results launched Morgan Stanley (MS.N) to a better-than-expected first-quarter profit on Wednesday, sending its shares up. With its quarterly profit, Morgan Stanley joined in a rally that began
European shares slipped on Wednesday, with banks pressured by lingering concern on Greece as Athens begins talks over an emergency loan deal, offsetting gains in tech stocks which rose on strong results
U.S. stock index futures were mixed on Wednesday with Nasdaq lifted by blowout earnings from Apple late Tuesday as the focus shifting to results from four Dow components and other bellwethers including