Yahoo! News: Europe News

Europe's central banker: Finance still fragile (AP) Posted: 09 Jan 2009 03:49 AM CST AP - European Central Bank governor Jean-Claude Trichet said Friday that the global financial system remains fragile despite swift and large-scale action by central banks and governments.

European stocks rise at start of trading (AFP) Posted: 09 Jan 2009 03:37 AM CST AFP - Europe's leading stock markets advanced at the start of trade Friday, with London's FTSE 100 index of leading shares edging up 0.02 percent to 4,506.45 points.

Ukraine allows Russia to monitor gas flow with EU (AP) Posted: 09 Jan 2009 03:28 AM CST AP - Ukraine says it will allow Russian experts to join the EU mission to monitor gas flow through the country as part of a deal that would end a cutoff of Russian gas supplies to Europe.

Commerzbank shares lose 9.52% in early trading (AFP) Posted: 09 Jan 2009 03:27 AM CST AFP - Shares in the second biggest German bank, Commerzbank, fell sharply in early Frankfurt trading on Friday as investors digested news that the state would take a stake of 25 percent plus one share.

London stocks up slightly (AFP) Posted: 09 Jan 2009 03:21 AM CST AFP - The London stock market was up slightly in early trade on Friday after finishing flat the day before.

German Postbank warns of loss in 2008 (AFP) Posted: 09 Jan 2009 03:21 AM CST AFP - The German Postbank said Friday it expected to record a significant loss for 2008 after taking measures in the fourth quarter to reduce its risk.

Man wounded in police shooting (AFP) Posted: 09 Jan 2009 02:42 AM CST AFP - A man is undergoing treatment after being shot by armed police on Friday in West Yorkshire.

Hopes for Russia gas deal after EU claims breakthrough (AFP) Posted: 09 Jan 2009 02:36 AM CST AFP - European states deprived of Russian gas amid freezing weather were Friday hoping for a resumption of deliveries after the European Union claimed a breakthrough in the crisis between Moscow and Kiev.

EU seeks gas supply return after deal (Reuters) Posted: 09 Jan 2009 02:26 AM CST Reuters - Europe sought a swift restoration of gas supplies on Friday after striking a deal with Moscow on monitoring gas shipments via Ukraine that have been halted by a pricing dispute with Kiev.

Renault vehicle sales drop sharply amid crisis (AP) Posted: 09 Jan 2009 02:20 AM CST AP - France's Renault SA said Friday that vehicle sales fell 28.5 percent in December as the global financial and economic crisis led to a "brutal" collapse of the market.

Analysis: Money at root of Russia's gas war (AP) Posted: 08 Jan 2009 05:29 PM CST AP - Five months after Russia crushed the Georgian army in the foothills of the Caucasus, Moscow is once again embroiled in a conflict with a former Soviet neighbor: waging an economic war with Ukraine that has disrupted natural gas delivery across Europe.

Colombian drug baron shot dead in Madrid hospital (AP) Posted: 08 Jan 2009 04:51 PM CST AP - A convicted Colombian drug baron with links to two major smuggling cartels was shot dead in a Madrid hospital Thursday, officials said.

How many scorpions? London Zoo does critter count (AP) Posted: 08 Jan 2009 04:16 PM CST AP - How do you count scorpions? Very gingerly, it turns out. "You use tongs and pick them up by the stinger," London Zoo senior keeper Tony Dobbs said. "You avoid the pincers at all costs. You could get a nasty nick if you're not counting carefully."

French pastry chef Gaston Lenotre dies at 88 (AP) Posted: 08 Jan 2009 03:25 PM CST AP - Gaston Lenotre, considered one of France's best-ever pastry-makers, died Thursday. He was 88.

Police detain 2 men in Hungary school killings (AP) Posted: 08 Jan 2009 02:20 PM CST AP - Two suspects have been arrested in a double murder of the principal and a teacher at a Budapest school, police officials said Thursday.

Albanian NGO sues government on CIA kidnap claim (AP) Posted: 08 Jan 2009 01:48 PM CST AP - An Albanian civil rights group said Thursday it had sued the government to force it to divulge information on an alleged CIA abduction five years ago.

French justice minister on job 5 days after birth (AP) Posted: 08 Jan 2009 01:02 PM CST AP - She's out of the maternity ward and into a Cabinet meeting, dressed in elegant black and stiletto heels — five days after giving birth at age 43. Justice Minister Rachida Dati, single and guarding the daddy's name like a state secret, doesn't stop surprising the French.

Officials: new NATO routes to Afghanistan likely (AP) Posted: 08 Jan 2009 12:47 PM CST AP - Talks aimed at setting up alternative supply routes to the Khyber Pass for U.S. and other NATO forces fighting in Afghanistan are at an advanced stage, officials said Thursday.

US ambassador says Britain in Guantanamo talks (AP) Posted: 08 Jan 2009 11:11 AM CST AP - The outgoing U.S. ambassador to London says talks have been held with British officials about Britain accepting some Guantanamo Bay detainees if the camp for terrorist suspects is closed.

Turkish general, government hold urgent talks (AP) Posted: 08 Jan 2009 10:30 AM CST AP - Turkey's military chief held urgent meetings Thursday with the prime minister and president following the detention of three retired generals and nine active duty officers in a probe into an alleged coup plot.

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