French Finance Minister Pierre Moscovici pictured on May 21, 2012at a press conference in Berlin, Germany French Finance Minister has warned that Greece’s exit from the eurozone will be on the agenda if Greek authorities do not respect the bailout deal after parliamentary elections in mid-June. “The question would be raised without a doubt…. if the Greeks themselves do not respect their... 

Logo of the Portuguese bank BPI The Portuguese bank BPI has reportedly asked for 1.3 billion euros in public aid to comply with the principles laid out by the European Banking Authority, as the financial crisis in the eurozone seems to be deepening. Banco BPI, which is Portugal’s third largest listed bank, said on Monday that it would also raise 200 million euros from private investors. The news... 

A young victims: The four victims of the genital mutilation wept in court as their parents were sent down An Islamic holy man and his wife have been jailed for the genital mutilation of their four daughters. The case has shocked France and was branded by a female government minister as a ‘grave crime’ and an ‘intolerable affront to women’s dignity.’ All four of the victims,... 

Ireland is voting in a referendum on an EU austerity pact. If Dublin does not accept tough budget deficit obligations, it would be a kiss goodbye to EU rescue money, which could be followed by default and a eurozone exit. The mooted European Fiscal Pact was initiated by Germany and France. If approved, it would oblige Dublin to strictly control its budget deficit, which reached 13.1 per cent last... 

The European Parliament has opposed the controversial ACTA treaty, after three of its influential committees said the trade agreement should be rejected. The Legal Affairs Committee (JURI), the Committee for Industry, Research and Energy (ITRE) and the Committee for Civil Liberties, Justice and Home Affairs (LIBE) all voted against implementing the agreement, which caused mass protests in several... 

Russia backed by China and India is pushing through a takeover of the internet by a UN supranational agency to make the web truly universal. The aim of the plan is to standardize the behavior of countries concerning information and cyberspace. ­Leading emerging economies supported by other United Nations members initiated the discussion around handing over internet regulation to a UN agency. At present... 

Following protests from bee advocates, Poland has banned the use of an insecticide-producing Monsanto seed. Poland has banned a strain of genetically engineered Monsanto corn, citing a link between the pervasive crop and the rapid decline of honeybee populations. After experts determined that widely used neonicotinoid insecticides were causing colony collapse disorder—a worldwide phenomenon wherein... 

Russia can be left without its traditional alcohol beverages after July 1st. It goes about such drinks as mead, sbiten, cider and some others. The producers and importers of these products do not execute the regulations about mandatory licensing, which obliges them to make containers for alcohol and non-alcohol products separately, Interfax reports. During the summer period of the year, which is a... 

A euro coin with the Spanish national flag in the background. The European Commission says Spain is on top of the list of the eurozone 12 critical economies as new reports show investors flee Spain amid the deepening financial crisis. Affected by Greece’s economic woes, the Commission on Wednesday listed Spain and Cyprus as two European states in “very serious” trouble. “Spain faces... 

Several days ago, the world was shocked with the news from Europe. A family couple from Bosnia and Herzegovina had been keeping a young German woman as their slave for eight years. The victim of family violence is now 19 years of age. The Bosnian couple – Milenko Marinkovic, 52, and his wife Slavojka Marinkovic, 45, – were torturing and starving an underage girl, whose name was Karla.... 

Russia is firmly dedicated not to let pass an initiative of foreign military intervention into Syria in the UN Security Council. ­“We always said we’re strongly against any kind of external interference into the Syrian conflict, because it would only worsen the situation and bring unpredictable consequences for Syria and the whole region,” Russia’s Deputy Foreign Minister Gennady Gatilov... 

Rescuers searching for survivors in Medolla earthquake on May 29, 2012 Italy’s second fatal earthquake in just over a week has killed at least 16 people and injured 350 others in the northern region of Emilia Romagna. At least 14,000 people have also been displaced since a strong earthquake measuring 5.8 struck northern Italy on Tuesday morning, local security officials reported. The rescuing teams... 

Lawmakers in Holland have voted to strike down the international Anti-Counterfeiting Trade Agreement (ACTA), slammed by many as a free speech and information access choker. Dutch MPs have also ruled the government will never sign any such agreement. The Dutch parliamentarians have opted not to wait for the EU’s vote on ACTA which is set for June, with consultations kicking off already this Thursday. “The... 

A new report by the Russian Academy of Sciences (RAS) circulating in the Kremlin today on this past weeks violent shaking of the Norwegian Sea floor after it was hit by a powerful 6.2 magnitude earthquake at the shallow depth of 8.8 km (5.5 miles) states that this event also caused an “unexpected and rapid” shifting of the magnetic North Pole by nearly 1,000 km (621 miles) these scientists claim... 

Britain’s Home Office is drawing up contingency plans to restrict the number of economic migrants from Greece and other European Union nations in case the euro collapses. ­EU rules allow citizens to work anywhere in any country in the single market, including the UK, with the exception of new members Romania and Bulgaria. People looking for work abroad may see Britain as an attractive option as...