Saturday 1 August 2015
 
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Greek bailout talks pushed back on logistics

Talks between Greece and its international creditors over a new bailout package will be delayed by a couple of days because of organisational issues, a finance ministry official said on Saturday. The meetings with officials from t

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In Greek crisis, one big unhappy EU family

The latest paroxysm of Greece's debt crisis has exposed growing rifts in the euro zone which, unless addressed soon, could lead to the break-up of European monetary union, the EU's most ambitious project. The most worrying

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New chapter of hope for world: Iran, EU

Iran's foreign minister and the European Union's foreign policy chief said a nuclear deal between Iran and six powers sealed on Tuesday heralded a new chapter of hope and was a historic moment. "I believe this is a hi

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Euro zone gives Greece until Sunday for debt deal

Euro zone members have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic ruin. &

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More than a third of Greek ATMs run dry

More than a third of automated teller machines across Greece ran out of cash on Saturday before they were replenished as Greeks pulled out money on fears their country was set to crash out of the euro, three banking sources said.

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IAG bid for Aer Lingus unlikely to win EU approval

British Airways-owner IAG may have to offer concessions after EU anti-trust regulators expressed concerns over a planned acquisition of 25 per cent of Ireland's Aer Lingus, two people familiar with the matter said. IAG is look

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EU welcomes 11th-hour Greek proposals

The European Union welcomed new proposals from Greek Prime Minister Alexis Tsipras as a "good basis for progress" at talks on Monday where creditors want 11th-hour concessions to haul Athens back from the brink of bankruptcy.

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Alstom to continue to defend GE deal with EU

French engineering group Alstom said on Friday it will continue to provide evidence on the positive impact for Europe of the planned sale of its power business to General Electric Co. Alstom was reacting after two people familiar

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EU can bid for 2026 World Cup, says Fifa

European countries will be able to bid for the 2026 World Cup following a decision by world soccer's governing body FIFA on Saturday. FIFA president Sepp Blatter said the executive committee had agreed that all continents coul

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Joint Bahrain-EU environmental projects on the way

An increased number of joint environmental projects by Bahrain and the European Union (EU) is among recommendations to come out of the Bahrain Europe Environment Week (BEEW), which concludes today (May 28). More co-operation betwe

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