Britain bailed out three major banks with 37 billion pounds ($64 billion) on Monday as governments around Europe used taxpayers' money to take control and boost confidence in the battered industry. "It's
European central banks said on Monday they would lend out as much U.S. dollar liquidity as commercial banks need in a further joint bid to tame money market tensions. In a joint
Marfin Popular Bank Public Co Ltd announced that on October 10, 2008, Andreas Vgenopoulos, Executive Vice Chairman, proceeded with the purchase of 1.158.064 shares of Marfin Popular Bank of total value EUR3.300.731,57
Nations from Europe to Australia rushed out plans on Sunday to shore up their banks, trying to halt a markets crash with pledges to back lending, buy stakes in financial institutions and
The world readied on Monday for a slew of bank bailouts worth hundreds of billions of dollars in an effort to staunch the credit rout that threatens to tip the global economy
Australian and South Korean shares bounced on Monday after policymakers around the world took increasingly bold steps to staunch the bleeding in financial markets, including guarantees on bank desposits and directly injecting
Finance leaders from the International Monetary Fund's 185 member countries on Saturday endorsed a plan by major economies to chart a course out of the credit crisis, hoping the broader support will
The EU-harmonised inflation rate in Cyprus rose by 5.0% in September, slightly down from the 5.1% recorded in August and the peak of 5.3% in July. A decrease compared with the previous
Building permits fell for the tenth straight month in Cyprus in July, as developers anticipated weaker demand. The number of building permits authorised by the municipal authorities and the district administration offices
Economist Intelligence Unit comments on concerted action by policymakers to restore confidence in the financial system. OVERVIEW The size and comprehensive nature of the UK government's rescue package for banks reflects a
