Eurozone finance ministers on late Thursday set three conditions for the Greek authorities to receive a second bailout package deemed vital for Athens to avert a chaotic default next month. “Despite the important progress achieved over the last days, we did not yet have all necessary elements on the table to take decisions today,” Eurogroup [...]
England could hire a caretaker manager to lead them into the European Championships before seeking a long-term appointment after the tournament, Football Association chiefs have revealed. The shock resignation of Fabio Capello on Wednesday has left theFA scrambling to fill the vacant manager’s job with just four months to go until England kick off their Euro 2012 campaign against France. While Tottenham manager Harry Redknapp is [...]
Health experts warned on Wednesday that Norway is facing an outbreak of influenza A, which is caused by a new strain of virus known as H3N2. More and more people were visiting doctors in recent days, with complains of having flu-like symptoms, said researchers with Norway’s Public Health Institute. Among all patients who saw their [...]
A Georgian opposition tycoon said Wednesday he would sell his business in Russia by April, a move aimed at boosting his chance to challenge President Mikheil Saakashvili in this year’s elections. According to local media reports, Bidzina Ivanishvili said the pro-Western president should not cling to power and should make sure the elections are “free [...]
Greek Finance Minister Evangelos Venizelos was due to leave Athens on early Thursday for a crucial euro group meeting in Brussels. “I am leaving for Brussels hoping that the euro group meeting wil convene and reach a positive result on the new program,” he told media on his exit from the Greek interim Prime Minister [...]
The Dutch Foreign Ministry recalled its ambassador from Syria on Tuesday, following similar steps by several nations to ramp up pressure against Damascus. The Netherlands follows France, Italy and Spain which announced they were bringing back their envoys after Britain, Belgium and the United States took similar moves. “I have decided to bring the Dutch [...]
German industrial output plunged steeper than expected in December, posting the largest drop in three years, adding new signs that Europe’s leading economy finally encounters the looming haze caused by the debt crisis, official data showed Tuesday. The Ministry of Economy reported that German industrial production fell 2.9 percent month on month in December from [...]
The Russian Navy will receive at least 10 new Borey class strategic nuclear submarines by 2020, Kommersant daily said Tuesday. According to the report, the new submarine fleet is expected to become the core of Russia’s naval force in the future, in line with a revised state armament procurement program until 2020. The program also [...]
Greek coalition party leaders’ talks with interim Prime Minister Lucas Papademos to finalize a deal with international creditors on a second aid package to stave off a catastrophic bankruptcy next month drag on to Wednesday, local media reported on Tuesday. The final terms of an agreement on new austerity policies that will unlock the vital [...]
More than 10 percent flights were disrupted as French aviation workers on Monday staged a nationwide four-day strike against law which they say threatened their right to strike. Hundreds of pilots, flight attendants and ground staff joined the demonstration at Paris’ Charles de Gaulle and Orly airports, stopping traffic between terminals. To limit the damage [...]
