White-collar criminals who launder billions by buying luxury UK properties must be tackled, Prime Minister David Cameron said on Tuesday. Experts warn these fraudsters are distorting the UK property market and pushing up house prices in the process.
The Greek parliament has voted in favor of a bill enacting the reforms required by its European creditors as part of a new bailout plan. This paves the way for the controversial 85-billion-euro bailout deal defended by Prime Minister Alexis Tsipras.
Thailand has confirmed it’s interested in creating a free trade zone with the Russia-led Eurasian Economic Union (EEU) and is expected to submit an application by the year end, according to Russian Trade and Industry Minister Denis Manturov.
Britain’s Treasury department has approved the use of EU-wide funds to alleviate Greece’s debt crisis, despite Chancellor George Osborne insisting the eurozone should foot its own bill, it has emerged.
The so-called 'bank holidays' in Greece will last until Friday, the country's Finance Ministry has said. The announcement comes just hours ahead of Wednesday’s vote in the Greek parliament on a third bailout package.