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Russian boy stabbed 21 times at Greek resort after robbery

Athens, May 17: An 11-year-old Russian boy is in critical condition in a hospital in the Greek capital after he was stabbed 21 times while vacationing with his family on the island of Crete.Nikita Onishchenko from Moscow, who was on vacation ...

Crude down in Asia after Greece budget vote

Singapore, Nov 12: Crude sank in Asia today after Greek lawmakers approved a new austerity budget which the government has vowed will secure the release of foreign aid. New York's main contract, light sweet crude for delivery in December, fell five ...

Samaras: Greece will run out of money at the end of November

Berlin, Oct 5: Prime Minister of Greece Antonis Samaras had expressed fear that the country would run out of money at the end of November. Samaras said that if Greece doesn't receive the next planned installment of its bailout loans, then ...

Forbes names Sonia 6th most powerful woman; Merkel on top

New York, Aug 23: UPA Chairperson Sonia Gandhi was on Wednesday ranked the sixth most powerful woman in the world, ahead of US First Lady Michelle Obama, by Forbes magazine in its list of 100 women, which was topped by German ...

Microsoft's Greece office attacked; entrance gutted

Athens, Jun 27: Global information technology powerhouse Microsoft had to witness the worst attack when assailants set fire to the IT firms Greece office. The attackers reportedly drove their van through the front door and set off inflammable objects that led ...

Antonis Samaras Sworn In As Greece Pm Promises Change

Greece: New PM assures change of fortune

Athens, Jun 21: Antonis Samaras was sworn in as the new Prime Minister of Greece, the fourth incumbent in eight months on Wednesday, following the victory of the conservative New Democracy (ND) party in the Jun 17 election. The new government ...

Greece pro-bailout parties could form govt

Athens, Jun 17: The pro-bailout New Democracy party came in first today in Greece's national election and could gather enough support to form a pro-bailout coalition to keep the country in the eurozone. As central banks stood ready to intervene ...

Greeks under pressure in cliffhanger euro election

Athens, Jun 17: Greeks angered by austerity take to the polls today for an election that could decide their future in the euro amid unprecedented external pressure not to vote for a radical leftist firebrand. German Chancellor Angela Merkel said ...

From Crisis to Carnival: Euro gives a breather

The Euro football carnival has brought some cheering moments to the gloomy world of economics in the eurozone, which continues to wade through a serious financial crisis since the end years of the last decade. Tired of the continuous depression, ...

Euro Soccer Gives Welcome Break From Euro Crisis

Commodity prices retreat on eurozone, China woes

London, May 11: Commodity prices were mostly lower this week on renewed eurozone debt worries following political upheaval in Greece and France, and following disappointing economic data from China, traders said. Prices won some late support from better-than-expected US in...

Greece gets second 130-billion-euro financial bailout

Berlin, Mar 14: Euro zone finance ministers on Wednesday formally approved the second 130-billion-euro financial bailout for debt-laden Greece and ordered the release of the first instalment of 39.4 billion euros to avert a bankruptcy. They appreciated the steps t...

Oil prices rise on Greek debt swap deal

Singapore, Mar 9: Oil prices rose in Asian trade Friday on news that commitments to back a Greek debt swap had passed a key threshold, analysts said. New York's main contract, West Texas Intermediate crude for delivery in April, gained 20 cents ...

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