AP - Greek officials expressed relief Monday at European support over the country's debt crisis, but labor unions stepped up strikes, angry at recent wage cuts and sales tax increases they say will hurt the poor.
Published News » Business
Greece relieved at EU backing, but strikes grow (AP)
Posted by admin 1 day 17 hours ago (http://us.rd.yahoo.com)EU considers creating IMF-style rescue fund (Reuters)
Posted by admin 1 day 17 hours ago (http://us.rd.yahoo.com)
Reuters - The European Union is considering creating a rescue fund that could herald fundamental changes in the 27-country bloc and bring closer economic cooperation following Greece's debt crisis.
German poker tournament robbers still on the run (AP)
Posted by admin 1 day 17 hours ago (http://us.rd.yahoo.com)
AP - German police were hunting Monday for four bandits who stormed a poker tournament in Berlin and made off with euro240,000 ($328,000) in jackpot money in a brazen daylight heist.
Iceland braces for consequences of Icesave vote (AP)
Posted by admin 4 days ago (http://us.rd.yahoo.com)
AP - Amid allegations of bullying and profiteering by bigger nations, angry Icelanders are expected to deliver a resounding slap down this weekend to plans to use taxpayer money to pay off the tiny island nation's international debts.
Merkel: No request by Greece for financial support (AP)
Posted by admin 4 days ago (http://us.rd.yahoo.com)
AP - German Chancellor Angela Merkel says Greece has not made any request for financial support and is calling for an end to market speculation that the indebted country will fail.
Lawyer: Fastweb founder denies role (AP)
Posted by admin 7 days ago (http://us.rd.yahoo.com)
AP - Jailed Fastweb founder Silvio Scaglia told magistrates Tuesday that he had no role or responsibility in an alleged euro2 billion ($2.7 billion) global money laundering ring involving two Italian Internet and phone companies, according to one of his lawyers.
Hopes of Icesave deal dwindle (AP)
Posted by admin 9 days ago (http://us.rd.yahoo.com)
AP - Hopes of reaching a deal over the payment of $5.7 billion owed by Iceland to Britain and the Netherlands — and avoiding a divisive referendum on the issue in the Nordic country — were dwindling on Friday amid recriminations on both sides.
Dollar softens amid mixed economic reports (AP)
Posted by admin 9 days ago (http://us.rd.yahoo.com)
AP - The dollar softened against major currencies Friday amid mixed economic reports, while concerns over European debt eased somewhat and inflation in the euro zone slowed.
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