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• Greece's Olympic to cancel 100 flights Wednesday
ATHENS, Greece - Olympic Airlines says it will cancel 100 flights Wednesday because a union representing most of its employees will join a public sector worker strike. Most of those affected are domestic services but international flights to ...
• Cocoa puffs: Italian cigars taste of dark chocolate
The coffee-flavored variety sells in France, Greece, the Netherlands, Austria and Germany. The latter two countries also have anise and grappa Toscanellos. Saccotelli said the company is looking at export possibilities, including the United States ...
• After an up-and-down day, stocks close lower
Several banks in Europe have had to be bailed out, and earlier this week, the governments of Germany, Ireland and Greece took steps to guarantee private bank deposits. Moreover, the markets are mindful of the fact that the government's $700 billion ...
• Iceland takes Russian loan, nationalizes bank
The government also put 100 percent guarantees on savers’ deposits, following in the footsteps of Ireland, Germany, Austria, Greece and Denmark. A collapse of the Icelandic financial system could reverberate across Europe, given the heavy investment ...
• Treasury, Fed pledge rapid response to crisis
Among other things, the governments of Germany, Ireland and Greece said they would guarantee bank deposits. In a fresh effort to loosen dangerous credit clogs, the Federal Reserve said it will significantly expand its loan program to squeezed banks by ...