
Extreme heat, fires and floods threaten Europe's economy
Mounting climate risks, illustrated by the extreme heat, wildfires and floods that ravaged parts of Europe this summer, could hurt the region's economy as soon as this year, the European Commission warned Monday.
1970-01-01 08:00

Greek shipping minister resigns over the death of a man who was pushed off a ferry ramp
Greece’s shipping minister resigned Monday over the death of a man who was pushed off a ferry ramp by a crew member after arriving late. A Greek prosecutor brought criminal charges against the captain of the island ferry and three crew members over the encounter in the port of Piraeus, near Athens, that resulted in the Sept. 5 drowning of Andonis Kargiotis, 36. One crew member faces a charge of homicide with possible intent. Amateur video posted online showed the passenger running onto the Blue Horizon ferry’s loading ramp as the ship had cast off its moorings and was about to leave for the island of Crete. He tried to push past two crew members and then was pushed off the ramp when he tried again. The footage showed the man disappearing in water churned up by the ferry leaving the dock as crew members stepped away. The ship was eventually ordered to return but the man was found unresponsive. He was later determined to have drowned by a medical examiner. “No one can imagine that Greek sailors, violating the age-old rules for the protection of human life at sea, pushed and abandoned an unfortunate young man,” Minister of Maritime Affairs and Insular Policy Miltiadis Varvitsiotis wrote in an online post after submitting his resignation. Political opponents had accused Varvitsiotis, 54, of initially downplaying the ferry incident. He became maritime minister after Greece’s conservative government won a landslide reelection victory in June. Varvitsiotis apologized last week over remarks made in a private television interview in which he expressed sympathy for the indicted crew members. “There are those who grieve for the man so unfairly lost and also those who grieve for the people who went to earn their wage, a day’s pay, who now find themselves accused of murder,” he said in the interview. Christos Stylianides, a former Greek Cabinet member in charge of disaster response, was named as his replacement Monday. Despite its convincing election victory three months ago, the Greek government has found itself on the defensive over its handling of major wildfires and ongoing massive floods this summer. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
1970-01-01 08:00

Denmark country profile
Provides an overview of Denmark, including key dates and facts about this European country.
1970-01-01 08:00

EU Cuts Euro-Zone Outlook as German Economic Woes Deepen
The European Commission cut its outlook for the euro-area economy, predicting it will be dragged down this year
1970-01-01 08:00

UK Geothermal Sites Near Financial Close After Auction Win
Two geothermal sites in south-west England are proceeding toward financial close after receiving government contracts in a renewables
1970-01-01 08:00

Thousands of UK Jobs Lost as Wilko Rescue Deal Collapses
Canadian tycoon Doug Putman’s attempt to rescue British discount retailer Wilko Ltd. has collapsed, with thousands of UK
1970-01-01 08:00

BMW Plugs £600 Million Into Electric Minis in Win for UK
BMW AG will invest in the 110-year-old plant where the Mini brand was born to make electric models,
1970-01-01 08:00

European Gas Extends Rally as Australia LNG Strikes Continue
European natural gas prices rose for a third straight session as strikes continue at export sites in Australia.
1970-01-01 08:00

Crypto Exchange Coinbase to Disable Some Accounts of Indian Users
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
1970-01-01 08:00

Kingspan Said to Make Rebuffed Proposal for Tie-Up With Carlisle
Kingspan Group Plc made an informal approach to combine with Carlisle Cos., which rebuffed the move to create
1970-01-01 08:00

Turkey’s Current Account Swings to a Wider Deficit Than Forecast
Turkey’s current account swung back to a deficit in July on the back of surging gold imports and
1970-01-01 08:00

Italy’s Agnelli Family Says It Has No Plan to Sell Juventus
Agnelli family holding Exor NV on Monday denied a media report that it’s preparing to sell Juventus Football
1970-01-01 08:00