12072016Wed
Last update: Wed, 07 Dec 2016 07pm

Europe

World - Europe

Italy PM Renzi calls Cabinet meeting, expected to resign afterwards         ROME: Italian Prime Minister Matteo Renzi called a Cabinet meeting for Monday at 1730 GMT following a landslide defeat in a referendum over his flagship constitutional reform, according to a statement from his office.   After the results came out overnight showing he had lost by 19 percentage points, Renzi addressed the nation and said he would convene his Cabinet on Monday afternoon and then go to President Sergio Mattarella's office to resign.        Copyright Reuters, 2016 ...

World - Europe

UN refugee chief warns EU against carrot-and-stick approach to migration      BRUSSELS: Linking aid for countries in the Middle East and Africa to how they manage migration can create dangerous precedents, the top United Nations' refugee official warned the European Union on Monday.  Overwhelmed by the arrival of more than a million refugees and migrants in 2015, the EU has tightened its external borders and sought to strike deals with countries along the migration routes to contain the flow of people. Under the most prominent of such collaboration, it promised Turkey an initial ...

World - Europe

Eurogroup nudges Germany on budget expansion   BRUSSELS: Euro zone finance ministers issued a joint statement on Monday that said Germany, the Netherlands and Luxembourg had fiscal scope to boost growth but acknowledged that it was a matter for national governments.  "Germany, Luxembourg and the Netherlands are over-achieving their MTO (Medium-Term Objective)," the Eurogroup ministers said after a meeting in Brussels on the zone's budgets.  "The Eurogroup acknowledges that these member states could use their favourable budgetary situation to further strengthen their domestic demand and growth potential, depending on country specific ...

World - Europe

Spain arrests Pakistan-Iran mob for robbing tourists in police uniform MADRID: Spanish police said Monday they had smashed a criminal gang who preyed on tourists in Madrid by posing as police officers.Eight suspected members of the gang, all of them Iranian and Pakistani nationals, were arrested on November 22, police said, describing a grab-and-game game to take cash, jewelry and smartphones.The gang would approach tourists and ask to see their documents and wallets "with the pretext of checking to see it they had drugs or counterfeit money," police said in ...

World - Europe

Renzi falls as swiftly as he rose      ROME: In the end, Matteo Renzi's fall was even quicker than his remarkably rapid rise to the summit of Italian politics.Hours after suffering a crushing defeat in a referendum on constitutional reform, the centre-left prime minister announced his resignation in the early hours of Monday.Italy's youngest ever premier, he was just 39 when he took office in February 2014 via an internal coup in his Democratic Party."Enrico stai sereno (Enrico be calm)," he reassured then-premier Enrico Letta in a now ...

World - Europe

Erdogan wants trade with Russia, China in local currencies   ANKARA: Turkish President Recep Tayyip Erdogan said his country was moving towards allowing trade with Russia, China and Iran to be conducted in local currencies, as he continues his efforts to strengthen the falling lira."If we buy something from them, we will use their money, if they buy something from us, they will use our currency," he said, ahead of a trip by Turkish Prime Minister Binali Yildirim to Russia for meetings on Tuesday.Erdogan -- who previously said discussions were underway with ...

World - Europe

Austrian vote result ATHENS: German Foreign Minister Frank-Walter Steinmeier on Sunday said that the far-right defeat in Austria's presidential election was "a good omen" for Europe."If the first results are confirmed this will be a good omen against populism in Europe," Steinmeier who is to become Germany's next president, at a news conference with his Greek counterpart, Nikos Kotzias, in Athens. Austria's Norbert Hofer conceded defeat Sunday in his bid to become Europe's first far-right president, as projections showed he was lagging behind in ...