The Sofia Globe - daily news and features from Bulgaria, CEE and the world
Leaders of the European Union have reached an agreement to use its rescue fund to directly boost struggling banks across the continent, and to seek a tighter long-term budgetary and […]
European leaders are weighing the possibility of using the eurozone’s financial rescue fund to make direct debt purchases from Italy and Spain as a way to ease the surging borrowing […]
Key European leaders are calling for much tighter central control of spending by the 17 countries that use the euro in the latest effort to resolve the continent’s unrelenting debt […]
Spain and Cyprus — one of the euro currency bloc’s biggest economies and one of its smallest — both sought eurozone bailouts Monday for their financially troubled banks. Spain asked […]
A new study says the 2009 H1N1 swine flu pandemic killed more than 284,000 people — 15 times the official number of deaths reported by the World Health Organization. The […]
Greece has run into a snag in its efforts to renegotiate its European-led bailout, as health problems sidelined the new prime minister and finance minister ahead of a critical meeting […]
Conservative Antonis Samaras has been sworn in as Greece’s new prime minister, leading a newly formed coalition government that intends to renegotiate the terms of an international bailout package. Three […]
Egyptian security sources say ousted President Hosni Mubarak is unconscious and on a respirator after he was rushed from prison to a military hospital following a stroke. Earlier reports by […]
Former Egyptian president Hosni Mubarak, the man long seen as the symbol of stability in the Middle East but who was ousted in a popular uprising, has died after suffering […]
Ecuador’s foreign minister says WikiLeaks founder Julian Assange has asked for political asylum in the South American nation. Ricardo Patino told reporters in Ecuador’s capital, Quito, Tuesday that the country […]
