Britain will want to ensure safeguards are in place to protect its financial sector if the euro zone moves towards establishing a banking union, British finance minister George Osborne said on Thursday.
Cyprus is racing to meet an end-June deadline to pump 1.8 billion euros ($2.24 billion) into the second biggest lender – Popular Bank – heavily exposed to Greek bonds – but will
Cyprus cannot rule out an EU bailout to prop up its Greece-exposed banks, its finance minister said on Wednesday, but is worried its EU partners could impose prohibitive conditions on any offer
Laiki Bank sponsored and took part in the “China Offshore Summit”, a very successful conference held in China on 30 and 31 May 2012. The conference was organised by China Offshore, one
Political and business corruption in Europe, especially in the Mediterranean, could further weaken vulnerable economies struggling to overcome the euro crisis, an international watchdog said on Wednesday. While it sees itself as
The European Central Bank is expected to hold back from policy moves when it meets on Wednesday, instead urging governments to address the euro zone's crisis, but it could indicate a readiness
The Cyprus issue and the Cypriot economy were the main issues discussed during the meeting of Democratic Rally (DISY) President Nikos Anastasiades and the President of the European Commission Jose Manuel Barroso,
The planet Venus made a slow transit across the face of the sun on Tuesday, the last such passing that will be visible from Earth for 105 years. Transits of Venus happen
The European Commission will propose far-reaching powers for regulators to deal with failing banks on Wednesday, a step towards the banking union the European Central Bank has demanded to secure the euro's
In what U.S. officials described as a major blow to al Qaeda, the group's second-ranking leader, a militant known as Abu Yahya al-Libi, was killed in a strike by a missile fired
