Greece must realize there is no other way than to reform, European Central Bank governing council member Luc Coene said in an interview published on Saturday, telling Greeks they had been sold "false promises" by radical leftists now in power.
Europe
Greek finmin says Greece's euro zone membership a given
Greece's euro zone membership is a given and does form part of negotiations with the country's lenders, the finance ministry said on Sunday.
UK finance minister planning 'diverted profits tax': Sunday Times
Britain's finance minister, George Osborne, is planning to introduce a new "diverted profits tax" targeting multinational companies judged to have shifted profits overseas to avoid tax, the Sunday Times newspaper reported, citing government sources.
Eurogroup head responds positively to new Greek letter: government
The head of the euro zone finance ministers responded positively to Greece's request for an immediate start to technical talks with international creditors to conclude the country's current bailout program, a Greek government official said on Saturday.
Chinese cooldown and Greek funding in focus
China's cooling growth prospects and an interest rate decision in Russia will shift the economic agenda away from the euro zone next week, although Greece remains firmly in the spotlight because of its precarious funding outlook.
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Brent crude oil rose to around $61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply to world markets.
Business software maker SAP SE (SAPG.DE) will cut about 2,250 posts, or around 3 percent of its global workforce, while creating a similar number in expanding parts of the company, as it accelerates a push to sell its products via the Internet.
Britain is ready to force the sale of Russian oligarch Mikhail Fridman's recently acquired North Sea energy assets unless it receives unspecified assurances within the next week, Prime Minister David Cameron's spokesman said on Thursday.
Ireland's government expects International Consolidated Airlines Group (ICAG.L) (IAG) to make a further offer to convince it to sell its 25 percent stake in Aer Lingus (AERL.I), Deputy Prime Minister Joan Burton said on Thursday.
Emirates [EMIRA.UL] has had extensive discussions with Airbus about the production of a revamped version of the A380 super jumbo with more efficient engines, the airline's president said on Thursday.
Emirates Airline [EMIRA.UL] President Tim Clark plans talks with officials in Washington in two weeks' time to help formulate its response to allegations by U.S. airlines of unfair subsidies awarded to Gulf airlines, he said on Thursday.
For centuries, Pompeii reveals its ancient form of erotica that were already existed centuries ago. After the entire city was buried, archaelogists discovers more than what was written in the history books.
It is too early to discuss a third bailout package for Greece, European Commission President Jean-Claude Juncker said on Wednesday, stressing the focus of talks with Athens was implementing measures already agreed with the euro zone.
Qatar Airways would like to raise its stake in the owner of British Airways and Iberia at some point and may invest in other well-run airlines, its chief executive said on Wednesday.
