ECB to hold new emergency meeting Monday on funding for Greek banks
Central Bank
Frankfurt - Arab Today
The ECB's governing council will hold a special meeting Monday to examine whether to raise the level of emergency funding for Greek banks, sources told AFP, after Greece's banking system came under intense pressure with clients withdrawing billions in savings.
The meeting is being held at the request of the Bank of Greece, said a source who declined to give further details. The ECB already raised the level of funding for Greek banks on Friday for the second time in a week, although the amount is not known.
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With Job Cuts, China Deal
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Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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