Greek deputies narrowly approved another wave of lay-offs and wage cuts affecting thousands of public sector workers Thursday, hours ahead of a rare visit to the country by the German finance minister.

The sweeping bill of reforms, tied to the country's next tranche of EU-IMF loans, was passed despite days of street protests.

Parched Jordan on Wednesday officially inaugurated a near-billion-dollar project to supply the capital with water from an ancient southern aquifer to help meet a chronic shortage.

King Abdullah II pushed the start button to begin pumping water from the 300,000-year-old Disi aquifer, 325 kilometers (200 miles) south of Amman.

Greek lawmakers will vote Wednesday on a new austerity bill outlining controversial plans to redeploy 25,000 civil servants this year, despite mass protests against the reforms required for fresh aid funds.

Parliament needs to approve the bill for Greece to receive its next instalment of 6.8 billion euros ($8.9 billion) in bailout funds pledged by eurozone finance ministers.

British bank Barclays has been hit by U.S. federal regulators with a $453-million (344-million-euro) fine for alleged electricity price manipulation in western U.S. markets, a charge which the scandal-hit bank denies.

In morning deals, Barclays' share price rose 0.37 percent to 309.30 pence, as investors shrugged off the news.

Etihad Airways chief James Hogan says the carrier is in Australia for the "long-term game" amid speculation that it was behind a flurry of Virgin share purchases this week.

Hogan confirmed the Abu Dhabi-based carrier was "buying on the market at the moment" after winning Australian government approval to increase its 10 percent stake in Virgin Australia to 19.9 percent.

Foreign direct investment (FDI) into China rose 4.9 percent year-on-year during the first half of 2013, official data showed Wednesday, despite slowing growth in the world's second-largest economy.

Outbound investment from China leapt 29.0 percent to $45.6 billion, the commerce ministry announced, with major increases in the crucial U.S. and Australian markets.

Cyprus Finance Minister Haris Georgiades on Tuesday expressed confidence that Nicosia will pass a first review of its bailout targets from the troika of international lenders.

A 30-strong delegation from the European Commission, European Central Bank, and the IMF is on the island to assess whether the recession-hit country is meeting its troika-set targets as agreed in a memorandum of understanding with international lenders in March.

The Syrian government approved on Tuesday a law imposing penalties ranging from fines to imprisonment for people caught hoarding food in the war-torn country, state television reported.

"A draft law penalizing those who raise food prices or hoard food has been approved" by the cabinet, said the broadcaster.

Young people in many European countries will continue to struggle for jobs as unemployment in the eurozone is set to hit a record 12.3 percent in 2014, the OECD said on Tuesday.

The poor and low-skilled sections of the workforce are also in the front line of unemployment.

A general strike gripped Greece on Tuesday for the fourth time this year as unions railed at fresh austerity measures the government is imposing in order to keep receiving EU-IMF loans.

The strike halted trains and shut down public services across the country, kept hospital services to a minimum and disrupted a dozen domestic flights.