Greeks are getting personal. Increasingly angry with politicians they blame for dragging their country to the brink of financial ruin, they are picketing their homes, jeering them and even pelting them with yoghurt. As the debt crisis deepens, the incidents multiply. Greek media have counted more than 80 verbal and physical attacks against MPs in
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All German banks stress-tested by European regulators are certain they will get the green light, although some lenders will just scrape through, sources close to banks and watchdogs said on Friday. "There will likely be no failures, but several banks will pass with a core Tier 1 capital ratio of just above 5%," one of
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* Replaces capital adequacy as benchmark * Two largest banks must exceed 10% by 2014 * The Central Bank of Cyprus has set a new core tier 1 minimum capital requirement of 8% for the island's banks with immediate effect. The central bank directive was published in the Official Gazette of the Republic on Friday.
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* Results of stress tests to be published July 15 European governments are ready to bail out those banks which cannot raise capital from investors after the EU details on July 15 which lenders have failed its latest, more vigorous stress test. The European Banking Authority announced on Friday the publication date for the results
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Greece granted European Goldfields a long-awaited permit to mine for gold in the country's north on Friday, a move set to turn the London-based firm into the European Union's largest primary gold producer. European Goldfields, which operates a lead and zinc mine in the Halkidiki region, submitted an environmental impact study (EIS) last year seeking
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Thailand's prime minister elect, Yingluck Shinawatra, sought on Friday to dispel fears of a crippling inflationary backlash from populist promises made in her election campaign, saying she would weigh up the consequences of big spending. In an interview with Reuters, the sister of fugitive former premier Thaksin Shinawatra held out no promises for the return
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* Harming Turkey's bid to join the European Union * U.N. chief Ban Ki-moon called on leaders of divided Cyprus to overcome their differences by October with a view to ending a conflict harming Turkey's bid to join the European Union. Ban met Greek Cypriot leader Demetris Christofias and Turkish Cypriot leader Dervis Eroglu in
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Space shuttle Atlantis was set to rocket off its seaside launch pad in Florida on Friday on the final flight in the 30-year U.S. shuttle program. Liftoff was set for 11:26 a.m. EDT (1526 GMT), but as many as 750,000 tourists who have flooded into the Cape Canaveral area may have to stay for the
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The chairman of Fenerbahce, Aziz Yildirim, arrived in court on Friday to face prosecutors over allegations of involvement in a match-fixing scandal that has rocked Turkish soccer. The Istanbul court has already jailed 25 people, including top executives from Turkish champions Fenerbahce, pending trial on charges of manipulating 19 matches in the lucrative league. Prime
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The IMF executive board on Friday is expected to approve the disbursement of just over 3 bln euros for Greece, in time to help the country pay debts falling due this month. At the same time, Europeans will try to secure private-sector participation in a second bailout. The payment is part of a 110 bln
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