(MENAFN - AFP) The EU on Friday said the decision by Greek premier Alexis Tsipras to hold snap elections was "not a surprise" and that it remained confident the reforms promised by Athens would be implemented.
"The Commission respects the decision of Prime Minister Tsipras to go to the polls swiftly," said spokeswoman Annika Breidthardt.
(MENAFN - AFP) The number of tourists arriving in Cyprus spiked 8.5 percent in July to a record high for that month, led by a surge in British visitors attracted by the cheaper euro, official figures showed.
A record 414,527 people arrived in July compared with 381,955 a year earlier, according to figures released Thursday.
(MENAFN - AFP) Global stocks have been hit hard over concerns for the Chinese economy, with a gauge of the country's manufacturing activity on Friday providing the latest sign of a slowdown in the world's second-largest economy.
Although China, a major engine of global growth, has been slowing for some time, financial markets in China and elsewhere have tumbled.
(MENAFN - AFP) Eurozone business activity rose in August, a closely watched survey said Friday, on the back of solid growth in Germany and despite sluggishness in France.
The Markit Economics Composite Purchasing Managers Output Index (PMI) came in at 54.1 points in August, up from 53.9 in July, confirming that problems in crisis-hit Greece were not affecting the rest of ...
(MENAFN - AFP) Global stock markets slid again on Friday, with European indices on course for their biggest weekly falls of the year, as share prices were battered by fallout from global economic strains.
In Europe, London's benchmark FTSE 100 index lost 1.28 percent to stand at 6,286.46 points shortly after midday in the British capital.
(MENAFN - AFP) Busloads of visitors from China flocked to Bangkok's glittering Grand Palace on Friday but, days after a bomb at another of the city's popular attractions killed five Chinese tourists, Thailand's biggest spending holidaymakers are rattled.
Monday's attack on a Hindu shrine, particularly popular with Chinese devotees, did not prevent Jay Chou and his family ...
(MENAFN - AFP) The former head of MtGox reportedly faced fresh criminal charges Friday over allegations he stole $2.6 million from clients, as police questioned him about hundreds of millions of dollars worth of missing Bitcoins.
Japanese authorities issued a fresh arrest warrant for France-born Mark Karpeles, over claims he stole millions from clients before the Bitcoin ...