06252016Sat
Last update: Sat, 25 Jun 2016 10am

Europe

World - Europe

Greeks welcome Brexit vote as snub to overbearing Brussels ATHENS: Worn down by years of EU-mandated austerity, many Greeks on Friday welcomed Britain's decision to leave the European Union as an overdue slap in the face for a Brussels bureaucracy they say is out of touch with ordinary people. "This is a good thing, it will smash Germany's economic strength and other countries will follow (Britain)," said Christos Peppas, 48, who works at the Bank of Greece, the central bank.Sipping a coffee at an outdoor Athens cafe on Friday morning, Peppas said: "Britain will be fine. It will decide its own fate and its economic policy." Before the British, Greeks held their own referendum to send a message to Brussels, but without the same result. One year ago, Greeks overwhelmingly voted against the terms of a financial bailout, delivering what was then one of the biggest blows to European integration. But faced with the potentially devastating fallout of quitting ...

World - Europe

After Brexit: Petitioners calls for second EU referendum The United Kingdom has spoken, and it has decided to leave the European Union. However, it seems that the 48pc of the voters who wished to ‘Remain in the European Union’ are not buying the Leave result, and has set up a parliamentary petition calling for a second referendum.According to The Telegraph, the petition which reads, “We the undersigned call upon HM Government to implement a rule that if the remain or leave vote is ...

World - Europe

Poland urges rethink of closer EU integration WARSAW: Poland's foreign minister said Friday that Britain's vote to leave the EU meant it was time to rethink the old Franco-German model of closer European political integration."We have to reconsider the future of European integration" Witold Waszczykowski told the PAP news agency, questioning whether the push for "one political body with centralised authorities" could work.After negotiating a new relationship between the EU and Britain, "perhaps the EU, the eurocrats, and European politicians will reflect ...

World - Europe

City workers break down in shock at Brexit vote LONDON: Bank employee Francesca Crimp broke down in tears on Friday after Britain voted to leave the European Union, triggering an earthquake in the City of London financial hub."I'm scared, I voted for my son's future and I feel so uncertain now. I'm just absolutely devastated," said Crimp, who works for a US bank."This multi-cultural city that I live in is going to change drastically, and the world as I know it is just not ...

World - Europe

Brexit vote 'stimulus to reform' EU: Dutch PM THE HAGUE: Dutch Prime Minister Mark Rutte said Friday he was disappointed by Britain's decision to leave the EU, but said it should be seen as an incentive to carry out reforms in Brussels."Firstly it's a disappointing result. It's also a stimulus to reform the EU," Rutte told Dutch media, shortly before leaving for Brussels to meet with the EU's top officials.Rutte, who has been an ardent supporter for Britain to remain within the 28-nation ...

World - Europe

Brexit: Spain proposes 'shared sovereignty' over Gibraltar MADRID: Spain on Friday proposed sharing sovereignty over Gibraltar after Britain voted to leave the European Union, saying it would allow the overseas territory to maintain access to the EU's single market."Our formula... is British-Spanish co-sovereignty for a determined period of time, which after that time has elapsed, will head towards the restitution of Gibraltar to Spanish sovereignty," Spanish Foreign Minister Jose Manuel Garcia-Margallo told Spanish radio.The tiny rocky outcrop nestled on Spain's southern tip ...

World - Europe

Brexit reactions, in quotes LONDON: Britain's historic vote to leave the EU has sparked a torrent of reactions from around the world, from anguish in Brussels to delight from eurosceptics elsewhere in Europe.Here are some of the key quotes.- New 'captain' needed -========================Prime Minister David Cameron -- who led the failed campaign for Britain to remain in the EU -- announced his resignation after the shock result on Friday morning."I do not think it would be right for me ...