Category Archives: Europe
Cannes festival rocked by $1m jewellery heist
Jewellery worth more than $1m which was due to be loaned to film stars has been stolen from a Cannes hotel in a pre-dawn heist. An American female employee of Swiss jewellers
Eurozone unemployment rate hits record high
Unemployment rose to a record high of 12 percent in February in the Eurozone, according to the latest data released by the EU’s official statistics agency. The Belgium-based Eurostat said on Tuesday
Google faces EU action over privacy policy
Six European countries, including France and Britain, have launched a joint action against Google to get the US Internet giant to scale back on new monitoring powers that watchdogs believe violate EU
Putin orders officials to drop foreign assets
Russian officials have three months to get rid of financial assets abroad as part of a campaign led by President Vladimir Putin to stem corruption and capital flight. Sergei Ivanov, Putin’s chief
New York mom killed by blow to the head in Turkey, police say
A New York City woman found dead after vanishing while vacationing in Istanbul suffered a fatal blow to the head, officials say. Turkish forensic experts said Sunday though they have finished their
Gunman kills three in Swiss village
Three people have been killed and two wounded when a gunman opened fire in the Swiss village of Daillon, Swiss police have said. The man, who had reportedly been drinking heavily before
Dozens arrested after New Year’s Eve protest in Moscow
About 25 people reportedly have been arrested in Moscow on New Year’s Eve for trying to hold an unsanctioned protest. The gathering at Triumphalnaya Square in central Moscow on Monday attracted 50
Kurdish rebels storm Turkey border post
At least 19 people have been killed in southeastern Turkey after a battle between soldiers and members of a Kurdish separatist group, the local provincial governor has said. Six soldiers, two government-paid
EU chief in Greece for economy talks
Jose Manuel Barroso, European Commission president, will be in Athens for talks on Thursday amid concerns over whether Greece has done enough to have the next tranche of bailout loans. Barroso’s first
Norway marks one year since massacre
Norwegians are marking the first anniversary of twin attacks that killed 77 people, the worst atrocity carried out in the country since World War II. Commemorative events are scheduled across the country
Olympics security firm boss admits failure
The head of private security giant G4S has agreed under questioning by British lawmakers that the firm’s failure to provide enough security guards for the Olympics was “a humiliating shambles”. Nick Buckles,
Spanish miners dig in for prolonged protest
Spanish miners and sympathizers have clashed with riot police on one of Madrid’s most famed avenues, and six demonstrators were hospitalized after police fired rubber bullets. The violence on Wednesday came after
Greek PM seeks ‘adjustments’ to bailout deal
Antonis Samaras, the newly elected Greek prime minister, has asked creditors for more time for a tough bailout programme, to ease the pain on an economy struggling in its fifth year of
Final report due on 2009 Air France crash
French investigators will release a final report into what caused the mid-Atlantic crash of a Rio-to-Paris Air France flight that killed 228 people in 2009. The report, to be published on Thursday
Diamond resigns from scandal-hit Barclays
Barclays chief executive Bob Diamond has resigned from the UK-based financial services giant amid an interest rate-fixing scandal that some believe could be a watershed moment for Britain’s banking system. In a
Greeks go to polls on euro’s day of destiny
Voters in Greece are going to the polls to elect a parliament for the second time in weeks with the country’s economic future and membership of the eurozone hanging in the balance.
French left seeks gains in runoff elections
Voting in France is under way in general election runoff contests expected to hand President Francois Hollande’s Socialist Party a clear parliamentary majority to push his anti-austerity agenda. Opinion polls released before
IOC probes London Games ticket allegations
The International Olympic Committee (IOC) has launched an investigation into allegations that some national Olympic officials were breaking strict rules on selling tickets for the London Games. The IOC pledged to take
Several killed in Turkey prison fire
At least 13 prisoners have died after a fire broke out at a southeastern Turkish jail holding around 1,000 prisoners, officials stated. They were killed by smoke poisoning and at least five
Russia and Poland out of Euro 2012
Greece upset Russia 1-0 with a first-half goal from captain Giorgos Karagounis on Saturday to reach the Euro 2012 quarter-finals and knock their opponents out of the tournament. Winning for the first
Final pleas ahead of crucial Greece election
Electoral officials are preparing polling stations for Greece’s crucial election this weekend, which could result in the country being forced out of Europe’s single currency. Sunday’s general election cannot come soon enough,
Russian police raid activist leaders’ homes
Russian police have raided the homes of prominent critics of President Vladimir Putin on the eve of an opposition rally expected to draw tens of thousands of people. Monday’s early morning raids,
World markets muted over Spain rescue deal
European and Asian stock markets have gained modestly a day after the eurozone agreed to lend Spain up to $125bn to save its struggling banks. Madrid’s IBEX – by far the worst
Spain’s Bankia sets out $24bn bailout plan
The president of troubled Spanish bank, Bankia, says he is confident of receiving 19 billion euros ($23.8bn) from the government in the largest bank bailout in the country’s history. Jose Ignacio Goirigolzarri
EU summit ends with warning for Greece
A European Union summit has ended with a warning to Greece that it will have to stick to its bailout terms if it wants to stay in the eurozone, but failed to
Euro crisis ‘threat’ to global economy
The eurozone financial crisis could threaten the global economy, according to Organisation for Economic Development and Co-operation. The 17-nation eurozone will see its economies shrink by 0.1 per cent, before rebounding to
New French cabinet takes pay cut
France’s new left-leaning government will take a 30 per cent pay cut in order to “lead by example”, a statement on ministers’ code of ethics has revealed. The 34 ministers, the country’s
Mladic trial postponed over ‘errors’
The Yuglosav war crimes court has adjourned until further notice the trial of former Bosnian Serb army commander Ratko Mladic, just a day after it opened. The presiding judge delayed until further
