Europe

German finance minister preparing for Greek aid without IMF: report

BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble is preparing for a continuation of aid for Greece without the involvement of the International Monetary Fund (IMF), Germany's Bild newspaper reported on Wednesday.<p>Talks between Athens and foreign lenders on its bailout progress have …

Greece

Beautiful Photos Capture Powdery Snow Blanketing the Acropolis

A Siberian cold front sweeping across Europe has caused freezing temperatures and snow in the most unusual of places. Such is the case with Athens, where the ancient Acropolis was coated in a powdery dusting of snow.<p>The sub-zero temperatures across Greece threw the country into a bit of a panic, …

Acropolis

We’re not out to punish Britain, but you need to shed your illusions

Although the EU will negotiate a fair deal, the days of Europe à la carte are over<p>Brexit really does mean Brexit. Theresa May’s long-awaited speech this week finally outlined some of her government’s negotiating objectives. Now we know that Britain wants to leave the European single market it …

EU Referendum

Greece: In Debt Review, EU Creditors Losing Faith - Emerging Markets Daily

By Dimitra DeFotis<p>The Greek government is clinging to power, but has lost lenders’ trust ahead of fresh bailout negotiations, <b>Teneo Intelligence</b> …

Greece

Greece sees progress on Cyprus, says Turkey should drop 'aggressive' talk

ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras said on Wednesday progress had been made in ending a decades-old stalemate over the division of Cyprus, but urged Turkey to drop 'aggressive rhetoric' to reach a deal.<p>"We are optimistic but with prudence and responsibility, as this situation …

Greece

There's no way to fix Europe

Our fifty states are essentially what the European Union’s founders wanted: a giant free-trade zone with a currency union and fiscal union. It’s working for us in part because our states, while unique, don’t have the centuries of cultural and linguistic diversity that Europe’s do.<p>The separate …

European Union

EU, UK take contrasting messages from May's Brexit speech

LONDON (AP) — European Union leaders on Wednesday punctured U.K. optimism about a smooth and mutually beneficial divorce between Britain and the EU, declaring that, no matter what British Prime Theresa May thinks, Britain can't dictate the terms of the separation.<p>EU President Donald Tusk warned …

European Union

The Crisis of the Middle Class: Davos Panel

IMF Managing Director Christine Lagarde, Italian Economy and Finance Minister Pier Carlo Padoan, Harvard University President Emeritus Larry Summers, …

Greece

May’s Brexit battle lines

<i>To receive the Brussels Briefing in your inbox every morning, register for a free FT account here and then sign up here.</i><p>Theresa May’s speech will …

EU Referendum

People knew what a vote for Brexit meant

It is a ludicrous assertion by Tim Farron, leader of the Liberal Democrats (We must fight for betrayed leavers as well as remainers, 18 January) that people who voted to leave the EU did not vote to leave the single market. Anyone with a grain of intelligence knew that no longer having open borders …

Referendums

Acropolis Athens - Greece

This post is also available in: German<p>On the way up to the <b>Acropolis</b> you have a fantastic view of <b>Odeon of Herodes Atticus</b>. It was built in 161 AD in …

Greece

Banks begin moving thousands of jobs out of Britain

<b>London/Davos, Switzerland (CNN) —</b> Banks are already preparing to move thousands of jobs out of Britain after Prime Minister Theresa May revealed that she wanted a complete break with the European Union.<p>May said Tuesday that Brexit meant the U.K. would also cease to be a member of the European …

European Union

11-year-old among 8 wounded in Miami shooting

Eight people, including five juveniles, have been wounded in a shooting at a park in Miami.<p>Police say the age of the victims ranged from 11 up to 30.<p>Five are said to be in a stable condition in hospital while one is described as “critical”.<p>Two people are being questioned by police.<p>More news on …

European News

Hyperloop Transportation Technologies plans to connect all of Europe, starting with the Czech Republic

Hyperloop Transportation Technologies (HTT) may be a step behind its rival Hyperloop One but is making its own plans to go global — starting with an announcement today HTT has signed an agreement to explore connecting a hyperloop system from Slovakia to the Czech Republic.<p>HTT already has an …

Hyperloop

Unlike Merkel, Trump understands the Islamist threat to the West | Coffee House

The reaction in Europe to Donald Trump’s recent remarks critical of the continent was all too predictable. It was an echo of the response when, following the Islamic terror attacks in November 2015 that left 130 Parisians dead, Trump said: ‘Paris is no longer the same city it was….they have …

France

Greek PM says bailout review can be concluded without legislating new measures

ATHENS (Reuters) - Greece will conclude the second review of its bailout progress without legislating new austerity measures beyond 2018, when the aid programme ends, the country's prime minister said on Wednesday.<p>"The exit from the programme in mid-2018 is visible," Alexis Tsipras told parliament. …

Greece

Multiple earthquakes hit central Italy

Three earthquakes with a magnitude of more than 5.0 have hit an already quake-damaged mountain region in central Italy. Tremors could reportedly also be felt in Rome more than 100 kilometers away.<p>Within an hour, three earthquakes with a magnitude of more than 5.0 hit central Italy on Wednesday …

European Parliament

Airbus voices concern about 'hard Brexit'

PARIS (Reuters) - Planemaker Airbus <AIR.PA> expressed concern on Wednesday about the prospect of a clean break between Britain and the European Union under what has been dubbed "hard Brexit".<p>"We are watching with a great deal of attention and even some concern what is being said about a 'hard …

European Union

'The problem with Europe is Europe,' warns Italian finance minister Padoan

Europe has become a "problem" that has led to rising populism and disaffection across the entire bloc, Italy's finance minister has warned.<p>Pier Carlo Padoan said European institutions were no longer viewed as the solution to the plight facing the eurozone and wider European Union.<p>"The problem with …

Business (UK)

Merkel Seen Putting EU Values Ahead of Car Lobby in Brexit Talks - Bloomberg

Chancellor Angela Merkel is likely to put European Union principles ahead of the German car industry’s interests in her dealings with the U.K. as it …

EU Referendum

Germany cannot afford to turn its back on the US

<b>(CNN) —</b> Were Hillary Clinton being inaugurated into the world's most powerful office Friday, there would be no question about Germany remaining the linchpin of trans-Atlantic relations.<p>Berlin has become increasingly important to preserving US interests in a shaky European Union, especially with the …

Angela Merkel

Theresa May has called Sturgeon’s bluff over a second Scottish referendum

The SNP leader threatened to call another independence vote if the UK left the single market. Now she will have to follow through, or lose credibility<p>In a period of political intimidation, time has been called on Nicola Sturgeon’s threat to hold a second Scottish independence referendum. Set aside …

Referendums

The best thing to eat in every EU country

Traveling through Europe is likely to be at the top of anyone's bucket list — in fact, people probably even have a whole <i>other</i> bucket list for it.<p>But forget the sites for a moment and think of the food, which is as varied as the many different countries themselves.<p>Whether you're high up in the Alps …

Food & Dining

UK Supreme Court to rule on Brexit trigger case next week

Britain's highest court is to rule on whether the process of leaving the European Union can begin without parliament's assent. Ministers are reported to be drafting a bill in case the ruling goes against them.<p>The UK Supreme Court is to rule next Tuesday on the government's appeal on the use of …

EU Referendum

Quakes hit snow-bound central Italy

<b>Central Italy has been struck by a series of earthquakes, as the region shivers in freezing temperatures.</b><p>The biggest quake was 5.4 in magnitude and struck an area devastated by earthquakes in August.<p>They hit between 10:25 (9:25 GMT) and 11:25 and were felt in Rome, 100km (60 miles) to the …

European News

Germany to reach out to Trump government to keep good ties: Merkel advisor

BERLIN (Reuters) - Germany wants to reach out to the future U.S. administration under President-elect Donald Trump to safeguard essential trans-Atlantic relations, Chancellor Angela Merkel's foreign policy advisor Christoph Heusgen said on Wednesday.<p>Speaking to lawmakers in Merkel's conservative …

German Politics

Where Europe's GDP Is Rising And Falling

These maps break down the EU’s wealth, region by region.<p>Most people have a pretty clear idea of which countries in Europe are richer and which are poorer. Income levels thin out the farther south and east you go on the continent, you might assume, while Scandinavia and Germany enjoy the highest …

Wealth

Cyprus peace deal nudges closer as hurdles still to overcome

NICOSIA, Cyprus (AP) — Diplomats are meeting Wednesday in the Swiss resort of Mont Pelerin, charged with figuring out if the differences are bridgeable in a deal to reunify ethnically split Cyprus.<p>The report they produce over three days will determine whether the Cypriot leaders and the foreign …

Greece

May praised for "Churchillian" vision as Europe talks tough on Brexit

Theresa May has been hailed for her "Churchillian" approach to Europe as the leader of the European Council welcomed her pledge that Britain did not want to see a wider unravelling of the EU after Brexit.<p>In a sign that the Prime Minister's efforts to clear the air had registered in Brussels, Donald …

UK Politics

Outsider Hamon shakes up French left-wing presidential primaries

A French socialist outsider who wants to legalise cannabis and introduce a universal basic income of 750 euros is gaining ground in the left-wing presidential primaries, and looks to be a serious contender ahead of Sunday’s first round vote.<p>Socialist lawmaker Benoit Hamon, an admirer of US …

European News