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Spain, Italy meet on eurozone crisis
Aug 4th, 2012
Italy's Prime Minister Mario Monti says his country will not seek a bailout after a meeting Spanish Premier Mariano Rajoy, who dodged questions about whether his government would use European rescue funds. (Source: Associated Press) -
MADRID (AP) - Spanish police snuck up on a British fugitive as he sunbathed, arresting him in a dramatic raid that even saw the suspect leap onto the roof of a nearby outhouse to try to get away. (Source: Associated Press)... [Full Article]
By Naomi O'Leary ROME (Reuters) - An encyclopedia of Italian political slang has shone a light on a colorful and Byzantine world where lawmakers and journalists speak a language you won't find in any ordinary dictionary. The confusing nature of Italian politics has come to the fore in recent months, with an electoral result in which the l... [Full Article]
VATICAN CITY (AP) - Pope Francis toured St. Peter's Square to greet tens of thousands of people attending a rally of prayer, music and speeches Saturday, and he embraced the brother of a Pakistani politician who was assassinated in his country after calling for greater religious freedom for Christians there. (Source: Associated Press)... [Full Article]
The eurozone is stuck in recession - its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office show that the economy of the 17 EU countries that use the euro shrank for a sixth straight quarter, slumping by 0.2 percent in the January-March period from the previous three months. (Source: Asso... [Full Article]
By Martin Santa BRUSSELS (Reuters) - Cyprus and Malta have a lot in common: Mediterranean islands enjoying 10 months of sunshine a year, they joined the European Union in 2004, use the euro and have banking sectors that dwarf their economies. There are so many similarities that some investors have wondered whether Malta might follow Cyprus in needi... [Full Article]