Tens of thousands gathered at the barricades of a massive police operation to protect the German Chancellor as she met with Greek leaders who are searching for a new package of budget cuts to secure bail-out funds largely underwritten by the German taxpayer.
Suicide attacker with fake U.S. ID blamed in Bus Bomb
BURGAS, Bulgaria — The attack on a tour bus carrying Israeli vacationers outside the airport here was carried out by a suicide bomber carrying fake American identification, officials said on Thursday. There were conflicting reports on the number of dead. The Bulgarian interior minister said the toll was seven, including six Israelis.
Israel’s DM: Hezbollah carried out Bulgaria bus attack
Israeli Defence Minister Ehud Barak said on Thursday that the Iranian-backed Lebanese group Hezbollah carried out the deadly bomb attack on a bus carrying Israeli tourists in Bulgaria on Wednesday. Bulgarian officials said six people were killed when the bomb went off outside Bulgaria’s Burgas airport. Israeli media reported that eight people had been killed
Israel blames Iran, Hezbollah for deadly Bulgaria bus blast
A bus carrying Israeli youth exploded Wednesday in a Bulgarian resort, killing at least six people and wounded more than 32, the Bulgarian Foreign Ministry said. Israeli Prime Minister Benjamin Netanyahu called it “an Iranian terror attack” and promised a tough response. The explosion took place in the Black Sea city of Burgas, some 400 […]
EU affirms Iran oil embargo starting July 1
EU governments on Monday formally approved an embargo on Iranian oil to start on July 1, dismissing calls by debt-ridden Greece for possible exemptions to help ease its economic crisis.
Euro, shares jump on relief over Greek vote
Investors breathed a sigh of relief on Monday after Greece’s election eased fears that Europe’s currency bloc would break up, boosting shares and sending the euro to a one-month high.
Greece votes to decide whether to stay in the eurozone
In an election fought over the punishing austerity package demanded by international lenders as the price of keeping Greece from bankruptcy, opinion polls showed the radical leftist Syriza party, which wants to scrap the deal, running neck and neck with the conservative New Democracy, which broadly backs it.
Oil, copper rally on Spain rescue deal, China imports data
Oil and copper posted their biggest rally in months on Monday as investors trooped back to riskier assets after Europe threw Spanish banks a lifeline, calming worries about the euro zone debt crisis.
Obama, Hollande help tilt G8’s balance to stimulus
Economic stimulus is making a comeback… The most notable thing about the Group of Eight Summit in Maryland on Friday and Saturday was the recognition that austerity isn’t a universal cure for what ails the global economy
bank runs looming in Greece, report
A day after Greece’s president warned about the possibility of bank runs, Greek political leaders on Wednesday began forming a caretaker government before new elections next month that could lead the rudderless country to exit the euro, a prospect that has already sent jitters sweeping through world markets.