Western & Central Europe

Cyprus Parliament Likely to Reject Terms of Bailout And Tax on Bank Holdings

March 19, 2013

“Cyprus’s Parliament is likely to reject an international bailout package that involves taxing ordinary depositors to pay part of the bill, President Nicos Anastasiades said Tuesday.”

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Cyprus Finance Minister Michael Sarris Abruptly Resigns; President Anastasiades Rejects Resignation

March 19, 2013

“Bloomberg and Reuters are reporting that Cyprus finance minister Michael Sarris has resigned, citing Market News International.”

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British Politicians Drafts New Code to Regulate and Restrict the Press

March 18, 2013

“The body being proposed by politicians would be independent of the media and would have the power to force newspapers to print prominent apologies.”

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Video Shows French Hostages Held By Islamist Extremists in Cameroon

March 18, 2013

“The video’s audio airs a man’s voice that identifies himself as Tanguy Moulin-Fournier. He says that his family is being held by the Islamic radical sect known as Boko Haram which wants all its members freed, especially women and children held in Nigerian and Cameroonian custody.”

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European Union Finance Ministers Sticking to Target for Cyprus to Raise 5.8 Billion Euros

March 18, 2013

“Euro-area finance ministers told Cyprus to raise 5.8 billion euros ($7.5 billion) from bank depositors to unlock emergency loans, maintaining the revenue target while suggesting sparing small-scale savers.”

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Government: Cyprus Banks to Remain Closed Until Thursday

March 18, 2013

“”Tuesday and Wednesday are bank holidays,” the source said. A decree will be released shortly from the Finance Ministry to this effect, he said.”

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Metro/LCI Poll: French President Francois Hollande Approval Rating (31%) Falls Below Far-Right Leader Marine Le Pen

March 17, 2013

“Only 31 percent are satisfied with Hollande’s performance, eight points less than last month, as the Socialist president battles unemployment at a 13-year high and a stagnant economy, according to the poll carried out for newspaper Metro and TV channel LCI.”

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Pope Francis: I Would Like A Poor Church, And For The Poor

March 17, 2013

“Since his election on Wednesday as the first non-European pope in nearly 1,300 years, Francis has signaled a sharp change of style from his predecessor, Benedict, and has laid out a clear moral path for the 1.2-billion-member Church.”

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Cyprus Parliament Vote on Bank Deposit Tax Delayed Until Monday

March 17, 2013

“The announcement set off an immediate scramble among top European officials, with reports that the European Central Bank was pressuring Cypriot authorities to hold the vote without delay.”

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Bank Run: Cyprus Delays Vote on Forfeiture of 9.9% of Personal Savings to Fund a Bailout

March 17, 2013

“The move to take a percentage of deposits, which could raise almost 6 billion euros, must be ratified by parliament, where no party has a majority. If it fails to do so, President Nicos Anastasiades has warned, Cyprus’s two largest banks will collapse”

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99.8% of Falkland Islands Residents Vote to Remain a British Overseas Territory

March 13, 2013

“Pro-British feeling is running high in the barren and blustery islands that lie off the tip of Patagonia, at the southern end of South America. Turnout was 92 percent among the 1,649 Falklands-born and long-term residents registered to vote.”

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Next Pope: Cardinal Jorge Mario Bergoglio is Pope Francis I

March 13, 2013

“UPDATE (3:15 P.M.): In a big upset, Jorge Bergoglio of Argentina has become Pope Francis I! He’s the first non-European ever to become Pope. He is believed to have finished to second to Benedict in 2005.”

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Cardinal Tauran Announces 76 Year-Old Cardinal Jorge Bergoglio as the New Pope of the Catholic Church

March 13, 2013

“It’s a shock decision: Jorge Mario Bergoglio of Buenos Aires. He is the first Jesuit pope of all time.”

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Vatican’s Sistine Chapel Lets Out White Smoke: A New Pope Has Been Elected

March 13, 2013

“Within an hour, Cardinal Jean Louis Tauran, the senior cardinal deacon of the Church, will step onto the balcony of St. Peter’s Basilica and announce in Latin the name of the man elected to lead the faith.”

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Nigerian Ansaru Militants Kill 7 Foreign Hostages From Italy, Britain, Greece, and Lebanon

March 10, 2013

“In an online statement posted on Saturday, the militant group Ansaru said it had killed the captives. Ansaru is suspected of being an offshoot of the Boko Haram network.”

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