Bank of Greece Governor Nikos Garganas stressed the need for immediate measures aimed at fiscal spending cuts and called on the social partners to contribute to this effort. He also stressed that...
Greece has a long way to go in improving its export performance, Economy and Finance Minister Giorgos Alogoskoufis said yesterday. “In the 1996-2003 period, only 0.2 percent of the average 3.7...
21/05/2004
Microsoft Corp. and Oracle Corp. announced a software development agreement on Thursday, signaling an improved relationship between the two corporate database software market rivals. Software...
21/05/2004
The yen rose against the dollar, heading for its first winning week in seven, as Japanese stocks climbed and the International Monetary Fund predicted Japan's economy may grow the fastest since 1990...
21/05/2004
The Irish EU Presidency is gearing itself up for the first collective discussion by member states on Monday (24 May) on the contentious question of a new voting system in the Constitution. A...
21/05/2004
Russia and the European Union stood on the verge Friday of agreeing terms to Moscow's accession in the World Trade Organization (WTO), Russia remaining the largest country to be left out of the...
21/05/2004
Hilton, the hotels and gaming company, has trumpeted a doubling in profits despite a fall in bets from racing fans since the demise of the Attheraces television channel. Hilton said that trading...
21/05/2004
The Italian government has agreed a bridging loan to help save its stricken flag carrier Alitalia from bankruptcy. The airline, which is 62% owned by the state, said the government would buy into...
21/05/2004
Clothes, shoes, gardening equipment and digital cameras kept the tills ringing in April, though the pace of retail sales growth is slowing. Sales grew 0.3% in April compared with 0.8% in March to...
21/05/2004
European bourses were slightly higher in mid-morning trade on Friday after Wall Street ended the previous session flat despite persisently high oil prices. Volume was low following the Ascension Day...
21/05/2004