ECB's Constancio: Avoiding Greek "credit event" key - Reuters UK
FLORENCE, Italy (Reuters) - The European Central Bank is of the belief that any Greek debt deal should not trigger a 'credit event' or involve so-called haircuts, ECB Vice President Vitor Constancio said on Monday. "What has been from the start very
Source: uk.reuters.com

Cyprus credit rating cut by Fitch on Greek debt fears - BBC
Cyprus has had its credit rating cut by rating agency Fitch because of worries over how the country will be affected by the Greek debt crisis. Fitch cut Cyprus's rating to A- from AA- on concerns that its banks may face losses on the money they lent to
Source: www.bbc.co.uk

MPs' expenses: nearly 1million spent on taxpayer-funded credit cards in first two months - Daily Telegraph
At the same time as MPs were given the new payment cards to use for Commons allowances, the Government was launching a crackdown on the use of similar cards by civil servants. It has emerged in recent weeks that taxpayer-funded credit cards have been
Source: www.telegraph.co.uk

Vodafone slammed for releasing advert taking credit for its role in Arab Spring revolution - Daily Mail
Telecommunications companies have a reputation for making hyperbolic claims about their products. But one firm has been forced into an embarrassing climbdown after suggesting it helped inspire this year's revolution in Egypt which resulted in President
Source: www.dailymail.co.uk

UPDATE 1-No decision on bilateral CO2 credit deals-EU - The Guardian
BARCELONA, June 2 (Reuters) - The EU Commission has not made any formal decision about allowing U.N.-backed carbon credits into its carbon market from bilateral deals, but has not ruled it out completely, an EU official said. "There are no formal decisions
Source: www.guardian.co.uk

Alexis would not be impressed Joan Collins is forced to put one of her four homes on the market due to credit crunch - Daily Mail
As Alexis, one of television's ultimate bitches, Joan Collins was used to the high life and nothing less. However, proving that even the world's top set are not untouchable the actress has been forced to sell one of her four homes because of the effects of
Source: www.dailymail.co.uk

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Julian Knight: It's right to investigate airlines' levy on credit cards, but it'll cost us - The Independent
The cost to the airline Monarch of ditching debit-card fees could be higher than you'd think. The carrier has decided to break ranks with the industry and do away with the levy in favour of a one-off charge on credit-card users. Monarch's move has been
Source: www.independent.co.uk

Goldman Sachs 'issued with subpoena' over actions during credit crisis - The Guardian
Manhattan's top law enforcer is believed to have issued subpoenas to Goldman Sachs as he investigates the firm's activity during the credit crisis. Manhattan district attorney Cyrus Vance Jr is pursuing claims made by an official senate investigation into
Source: www.guardian.co.uk