A group of demonstrators protesting against the Roman Catholic Church's stance on homosexual marriage tried to enter St Peter's Square in the Vatican on Sunday as Pope Benedict was giving his weekly address to pilgrims. The protesters – who were kept out of the square by police – were upset over a speech by the
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Greece's economy, expected to slump for a sixth straight year in 2013, may begin to recover in 2014, the country's finance minister said on Saturday. "I believe that after the second half of 2013 we will be able to see growth, with positive rates of change in GDP on a quarterly basis or month-by-month," Finance
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A small boat carrying migrants hoping to get to Greece sank near the eastern island of Lesvos early on Saturday, drowning 20 people, Greek police said. The boat had set off from the nearby Turkish coast carrying 27 migrants and its captain. It capsized about one mile (1.6 km) off the coast of Lesvos due
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Prominent Greek businessman Lavrentis Lavrentiadis will be jailed pending his trial for involvement in a banking scandal, a court source said on Friday. Lavrentiadis, a high-flying businessman who began his career in the chemicals industry and then moved into banking and media, was arrested on Thursday at his home in Athens but taken to hospital
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Just like each family has their own holiday traditions, so does every city. Whether it's a special event or seasonal decorations, if you're traveling this month, you don't have to forgo the excitement of the holidays. For those planning to travel over the holidays who want to visit a place known for holiday excitement, the
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Germany rebuffed calls for more financial risk-sharing in the euro zone on Friday, rejecting a proposal for a fund to help debt-laden countries cope with economic shocks and leaving open who would pay to wind down stricken banks. With an eye on a general election next year, Chancellor Angela Merkel made EU officials drop any
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Fitch Ratings stuck by its triple-A rating on France in a much-awaited review on Friday but predicted a peak in debt in 2014 at a level that it said was the maximum for a country with a top-notch credit grade. Fitch is the only agency to retain an AAA rating on the euro zone's second-largest
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Swiss bank UBS is expected to pay about $1 billion to settle charges of rigging the Libor interest rate benchmark, according to a person familiar with the situation, making it the second major bank to be officially ensnared by the global scandal. The announcement could come as early as Monday, this person said. Such a
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Greece has formally unveiled a bill to boost tax revenues under the terms of its international bailout, part of a two-pronged attack to get its citizens and firms to pay their way. The planned measures are estimated to increase tax revenues by about 2.5 billion euros in 2013-2014, the finance ministry said. A second bill
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After 14 hours of negotiations, the EU Finance Ministers, under the Presidency of Cypriot Minister of Finance Vasos Shiarly, reached a deal as regards the establishment of a Single Supervisory Mechanism (SSM) for the oversight of credit institutions. In statements in the morning hours, after the completion of the ECOFIN Council in Brussels, Minister Shiary
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