Industrial production in Cyprus recorded its smallest decline for 14 months according to our analysis. The Statistical Service reported that the index of industrial production fell by 2.7% in February compared with
Euro zone inflation edged up as expected in April but remained well below the European Central Bank's target, underlining market expectations of unchanged ECB interest rates until 2011. Consumer prices in the
Britain’s millionaires took advantage of the recovery from the world financial crisis in 2008 and boosted their fortunes by a third last year, according to the authoritative annual Rich List published by
The EU should complete talks with Greece on an aid package "in days", Economic and Monetary Affairs Commissioner Olli Rehn said on Thursday, but did not provide details other than saying it
The euro zone must come up with a support package for Greece that curbs the threat of problems spreading to other countries in the bloc, European Central Bank President Jean-Claude Trichet said
ECB Governing Council member Axel Weber said on Thursday there was no acceptable alternative to rescuing Greece and urged quick approval of an aid package to prevent market upheaval and contagion to
Swiss banks' exposure to Greece dropped to $3.6 billion from $64 billion in the three months to December, and this time it's not wayward Greek statisticians' fault. The whopping, yet mystifying drop
A eurozone/IMF aid package for Greece will be worth 100 to 120 billion euros over three years, according to IMF Managing Director Dominique Strauss-Kahn, opposition members of Germany's parliament said after meeting
The onus is on governments to ensure financial market troubles do not develop into a full blown sovereign debt crisis, European Central Bank Executive Board member Juergen Stark said on Wednesday. In
The premium investors demand to hold 10-year Greek government bonds rather than benchmark German Bunds topped 10 percentage points on Wednesday as investors fretted over Greece's rating downgrade the previous day. The
