Greek bailout not under discussion, markets suffer

Greece is not discussing a bailout with other European Union countries, Greek Finance Minister George Papaconstantinou said on Tuesday, when financial markets gave his emergency deficit-cutting plan a thumbs down. Speaking following

Fed to keep policy steady despite improving data

The U.S. Federal Reserve is expected to stick to its super loose monetary policy stance on Wednesday as high unemployment constrains policy-makers' enthusiasm about the economy's recent improvement. The Fed began a

Medochemie Cyprus exports reach €100 mln

‘Generics’ saved Cyprus hospitals EUR 70 mln The future of industry in Cyprus is for local companies to find a niche, just as Medochemie has done growing from a small manufacturer in

Cypriots concerned over economic crisis

Cypriots are concerned over the economic crisis and believe that the next twelve months will be worse, according to the Autumn 2009 Eurobarometer. The 80% of Cypriots who participated in the survey