Europe | featured news

Stolen Olympic medal is returned

One of two Olympic bronze medals that were stolen from a nightclub in London has been recovered, police say.

 

Eurozone debt hits 90 percent of its economy

In spite of years of harsh spending cuts and tax increases, Europe's debt problems are getting worse. Figures from the EU's statistics office Wednesday showed that, at the end of the second quarter, the total government debt of the 17 countries that use the single currency was worth 90 percent of the group's total economic output for the year - the highest level since the euro was launched in 1999.

 

Prison, $7 billion fine for French rogue trader

Rogue Trader

The Paris appeals court on Wednesday ordered former Societe Generale trader Jerome Kerviel to spend three years in prison and pay back a staggering (EURO)4.9 billion (about $7 billion) in damages for one of the biggest trading frauds in history....

 

UK government turns up heat on BBC over sex abuse scandal

BBC Child Sex Abuse Scandal

The British government warned the BBC on Wednesday that a growing sex abuse scandal was raising "very real concerns" about public trust in the broadcaster. The BBC has been thrown into disarray by accusations that it helped cover up sexual abuse by one of its former presenters, Jimmy Savile, and has struggled to explain why one of its own programs dropped an investigation into Savile last year.

 

Anti-austerity march in London today

Protesters are expected to march through London on Saturday to voice their opposition to austerity measures imposed by the UK government, union leaders said.

 

Jessica Biel, Justin Timberlake marry in Italy

Justin Timberlake & Jessica Biel

Justin Timberlake and Jessica Biel tied the knot at a seaside resort in southern Italy. The Borgo Egnazia resort declined to comment Friday about the superstar nuptials. The couple released a statement to People magazine saying, "It's great to be married, the ceremony was beautiful and it was so special to be surrounded by our family and friends."

 

France's 'rich tax' means Paris mansions for sale

French Mansion

France’s new 75 percent income tax on the rich may not be popular with millionaires. But it’s being cheered by another group: Paris real-estate buyers. Real estate agents say that the number of multimillion-dollar real-estate listings in Paris has jumped more than 25 percent over last year – due in part to the threat of the new income tax. More than 400 new listings have come onto the luxury real-estate market over the past six months, they say.

 

Racist crowd monkey noises taint European soccer

Britain's government has written to European soccer authorities demanding "tough sanctions" against Serbia after racist chants - including monkey noises - were heard at an international match with England on Tuesday night.

 

Wine experts: worst grape harvest in half century

Grape

Drought, frost and hail have combined to ravage Europe's wine grape harvest, which in key regions this year will be the smallest in half a century, vintners say....

 

Spain: decision on bailout within weeks

The Spanish government said Wednesday it will decide within the next few weeks whether to ask for outside financial help, noting it might opt for a precautionary line of credit instead of bailout cash.

 

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