Flights from Athens airport were cancelled and traffic ground to a halt in the Greek capital on Wednesday as state-run company workers went on strike to protest government privatisation plans. Greece's private
By Richard Cowan WASHINGTON, Oct 7 (Reuters) – The U.S. budget deficit hit a record of about $438 billion in fiscal 2008, which ended Sept. 30, the result of rising government spending
Britain announced plans to inject up to 50 billion pounds ($87.2 billion) in capital into its biggest retail banks on Wednesday and Hong Kong slashed interest rates to try to stem the
JERUSALEM, Oct 7 (Reuters) – The Bank of Israel lowered its key borrowing rate by a half-point to 3.75 percent on Tuesday, citing a sharp increase in uncertainty in global markets and
Greek flights will be grounded and urban transport is expected to come to a standstill on Wednesday as workers stage a 24-hour strike against the conservative government's privatisation policy. Greece's private sector
Cypriot President Demetris Christofias said on Tuesday he was disappointed with peace talks with rival Turkish Cypriots on the ethnically divided island, but that he was still optimistic there could be a
A highly-experienced team of international agriculture and rural development experts funded from the EU aid programme for the Turkish Cypriot community will be present throughout the annual agricultural fair taking place in
Iceland took over its second largest bank on Tuesday and Russia announced an aid package for banks, seeking to limit damage from the global financial crisis. Following are measures taken by national
All banks operating in Cyprus, including the subsidiaries of Greek banks, are robust and secure, Central Bank of Cyprus has announced, commenting on the possible impact of the financial crisis the world
Oil rose by almost $2 a barrel on Tuesday after a large interest rate cut by Australia's central bank aroused hopes that other policymakers would follow suit to stem the credit crisis.
