Italian Prime Minister Mario Monti said Monday he was satisfied with the results of a half-day summit of the European Union (EU) leaders held here as the majority of EU members agreed to sign a new fiscal treaty. Monti said the meeting had been “fruitful,” marking the end of an important phase for the stability [...]
British police arrested four former or current journalists with the Sun and a police officer Saturday on bribing police, according to local media. According to Sky News, the arrested are The Sun’s head of news Chris Pharo, 42, crime editor Mike Sullivan, 48, former managing editor Graham Dudman, 48, and Fergus Shanahan, 56, a former [...]
The death toll of Costa Concordia accident rose to 17 on Saturday after the body of a woman was found in the cruise liner that ran aground off the Italian western coast on Jan. 13. The body was recovered by divers carrying on search operations on the six deck of the 290-meter-long vessel, while there [...]
Workers at Britain’s National Gallery in central London walked out Saturday afternoon in an escalation of protest at plans to restructure jobs over big cuts in the gallery’s budget. Members of the Public and Commercial Services Union (PCSU) walked out of work at 4 p.m., one of the busiest times and on one of the [...]
The forthcoming Slovenian government will streamline the public sector to curb unnecessary spending while improving efficiency, according to an agreement reached by a five-party coalition in parliament. The newly formed five-party coalition consists of the Slovenian Democrates, the Virant List, the People’s Party, the Pensioners’ Party and New Slovenia. Janez Jansa, leader of the Slovenian [...]
French President Nicolas Sarkozy on Friday said France would pull its fighting forces out of Afghanistan by the end of 2013, a year earlier than the previous schedule. “We have decided in a common accord with President Karzai to ask NATO to consider a total handling of NATO combat missions to the Afghan army over [...]
Negotiations between the Greek government and private creditors over a massive Greek debt write-down will continue on Saturday, after both sides reached key understandings late on Friday, according to an International Institute of Finance (IIF) statement. “Important understandings were reached on legal and technical issues,” said the IIF statement released after a new round of [...]
An earthquake measuring 5.1 on the Richter scale hit the northern and central parts of Italy on Friday, according to local news agency ANSA.
German Chancellor Angela Merkel defended on Thursday Germany’s insistence on empowering the European Commission to prosecute over-spending governments under the fiscal compact. “It would be logical, if the Commission … could lay suit at the European Court of Justice,” the chancellor said at a press conference after meeting with visiting Spanish Prime Minister Mariano Rajoy. [...]
British oil giant BP and its partners have invested a total of 35 billion U.S. dollars in Azerbaijan, BP Azerbaijan President Rashid Javanshir said Thursday. Javanshir made the remarks at a ceremony marking the signing of partnership agreements with the National Olympic and Paralympic Committees of Azerbaijan, Azerbaijan media reported. BP, which operates major international [...]
