Hedge funds seek rich pickings from Greek crisis

Hedge fund managers are sifting through the rubble of the deepening Greek debt crisis to find money-making opportunities, though political uncertainty makes it a risky business. Executives at the annual GAIM conference

Cyprus’ EU Presidency head resigns

Andreas Moleskis, Head of the Secretariat of the Cypriot EU Presidency, resigned on Wednesday over allegations of nepotism for a job appointment in Brussels. Moleskis was criticised by Auditor General Chrystalla Yiorkadji

Lehman II can be avoided if Greece defaults

The ghost of Lehman Brothers stalks European financial markets as central bankers warn a Greek debt default could trigger even worse turmoil than the collapse of the U.S. investment bank. But there