FRANKFURT

By Nicholas Comfort

The euro area’s biggest banks will show a 6 billion-euro ($7.6 billion) capital gap in the European Central Bank’s tests of the quality of their assets and ability to withstand economic shocks, said Citigroup Inc.

By Yiannis Papadoyiannis

Analysts, investment banks and institutional investors appear optimistic regarding the results of the European Central Bank stress tests on local lenders, which has been mirrored in the performance of bank stocks so far this week. The message is that they expect the capital requirements to be announced this Sunday to be small and manageable.

The European Central Bank has reduced the haircut it applies on bonds submitted by Greek banks as collateral to borrow funds, a Greek central bank official told Reuters on Thursday, in a move to boost their access to liquidity.

By Yiannis Papadoyiannis

Ebola outbreak "tantamount to genocide" - expert

FRANKFURT -- WHO, headed by Margaret Chan, should be put on trial because thousands of people have died needlessly, says New Jersey-based epidemiologist Tomislav Prvulovic....

The European Central Bank will buy assets for at least two years to boost inflation and economic growth in the euro area.

BELGRADE - Serbian tennis player Janko Tipsarevic is recovering well after surgery to a benign tumor in his left foot.

The heel injury has kept the former World No. 8 away from tennis for 11 months. As the various treatments he had received did not have the desired effect, he finally resorted to surgery in June. After the recovery, however, the injury came back.

Lufthansa cancelled 110 Munich flights on Wednesday, it said on Tuesday, due to a strike of its pilots.

The strike at Munich, Lufthansa's biggest airport after Frankfurt, will run from 10 AM CET to 6 PM CET on Wednesday, September 10.

According to the Lufthansa website, the flights between Sofia and Munich are not affected. 

The 14h Frankfurt Turkish Film Festival kicked off on Sept. 7 with a gala night in Frankfurt’s botanic garden, Palmengarten.

Speaking to press members before the opening, the festival’s committee chairman, Hüseyin Sıtkı, said nearly 40 films would be shown during the festival and various activities would be held.

50 Years Ago the Deadly Marburg Virus Arrived in Serbia Surviving an Epidemic More Dangerous than Ebola

While the whole world is talking about Ebola and its effects, there are few that remember, 50 years ago, Serbia came close to battling a deadly epidemic called the “Marburg Virus.”