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Tuesday, June 30, 2015
ECB faces tough choice on cash lifeline for Greece
In a bid to keep markets calm, the European Central Bank made a tough choice when it opted to keep open the financial lifeline to Greek banks at the weekend, analysts said on Monday.
There is shell-shock in the eurozone as officials slowly wake up to the idea that a meeting of ministers on a balmy Saturday night in Brussels may have been the tragic moment when the euro, and a certain idea of Europe, fell into tatters.
Monday, June 29, 2015
Staff at French branches of UK retail chain Marks and Spencer went on strike Saturday demanding pay rises and an end to what one union official described as "management by terror."
It may have slipped from its golden age into its golden years, but two decades into the Internet era the fax machine is still, perhaps surprisingly, holding its place in many offices.
Wednesday, June 24, 2015
Greece defends 'harsh' reforms it promised creditors
Greece's government on Tuesday defended the billions worth of "harsh" new budget savings it has offered in talks with creditors, as some of the governing party's own lawmakers spoke out against them.
Eurozone business activity rose sharply in June to hit a more than four-year high, which analysts said suggested a better-than-expected recovery in the making despite the Greek crisis.
Tuesday, June 23, 2015
A cyberattack against Polish flagship carrier LOT grounded more than 1,400 passengers at Warsaw's Frederic Chopin Airport on Sunday in what an airline spokesman described as the "first attack of its kind."
Shares in leading French telecoms operators soared Monday, as one of the top players officially launched a takeover bid for a rival that would profoundly shake the sector.
Monday, June 22, 2015
Car-sharing, pioneered in Switzerland in the 1970s, is gaining popularity across the globe as people shy away from the cost of owning and maintaining an automobile in big cities.
The International Monetary Fund, deadlocked with Greece over further financial aid, approved a new loan installment for Cyprus on Friday, now the only other eurozone country receiving its bailout support.
  
  
  
  
  
  
  
  
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