Greece pledged up to EUR28 bln or 11.4% of its gross domestic product (GDP) to help its banks deal with the credit crunch and limit the impact on the real economy, the
Dollar and euro London interbank offered rate, or Libor, that banks charge each other for three-month dollar loans dropped for a third day to 4.55% for dollars and 5.175% for euros after
Denmark is paying a political and economic price for being outside the euro zone during the global financial crisis, Prime Minister Anders Fogh Rasmussen said on Wednesday. Speaking before a European Union
A new meeting of the political party leaders in Cyprus will be held on Friday, 17 October, the Slovak Embassy announced here Wednesday. In a statement, it said the “dialogue between the
A seminar, entitled “Integrating transport in a reunified Cyprus”, opened here today and provided a forum for an exchange of views among experts from the Greek Cypriot and the Turkish Cypriot communities,
Cyprus and Switzerland signed a contract to co-fund a project to renovate a building in the UN controlled buffer zone, in Arab Ahmed area, opposite Ledra Palace in Nicosia. The project is
European leaders will push on Wednesday for an overhaul of global financial structures after Asia joined western bastions of capitalism in bailing out banks to avert financial meltdown and tackle looming recession.
Oil prices fell around a dollar on Wednesday, dragged lower by expectations economic weakness will cut further into demand for crude. U.S crude fell more than $1 to $77.45 a barrel and
British unemployment posted its biggest rise in 17 years in the three months to August as the jobless rate rose to its highest level in eight years, official data showed on Wednesday.
Cypriot Minister of Commerce, Industry and Tourism Antonis Paschalides met on Wednesday with Chief Executive of the UK Trade and Investment Programme Andrew Cahn, with an aim to strengthen and improve bilateral
