Yahoo! News: Europe News

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• Italy approves 24 billion euro austerity drive (AFP)
• Watchdog raps Eurotunnel for advert weather claim (AFP)
• European banks settle Madoff cases (Reuters)
• Economist: Europe debt hurting Wyo. energy prices (AP)
• Most Europeans swindled by Madoff get money back (AFP)
• Bishop: 100 cases in 10 yrs for Italy priest abuse (AP)
• Gadhafi's son: Freed Lockerbie bomber is very sick (AP)
• EU bank levy plans have to retain national scope: UK (AFP)
• Italian gov't approves euro24 billion in budget cuts (AP)
• Ireland cracks down on Internet piracy (AFP)
• German ex-soldiers to work in Somalia (AP)
• UN reminds rich countries of climate promises (AP)
• Several thousand visit Tito's grave (AP)
• 5 Somalis face piracy charges in Dutch trial (AP)
• Cyprus Church head tells anti-Pope clerics to hush (AP)
• Swedish university re-invites Muhammad artist (AP)
• Bottle flies as Sarkozy gets tough on problem kids (AP)
• American accepts Abel Prize for mathematics (AP)
• Russian tour bus crashes in Turkey, 15 killed (AP)
• Croatia' EU hopes may be set back by debt crisis (AP)

Italy approves 24 billion euro austerity drive (AFP) Posted: 25 May 2010 06:04 PM PDT AFP - The Italian government has approved austerity measures worth 24 billion euros for 2011-2012 in a bid to stabilise public finances.

Watchdog raps Eurotunnel for advert weather claim (AFP) Posted: 25 May 2010 04:27 PM PDT AFP - Eurotunnel, which manages the tunnel link between Britain and France, was criticised Wednesday for an advert claiming its services ran in any weather, after delays caused by heavy snow last year.

European banks settle Madoff cases (Reuters) Posted: 25 May 2010 04:04 PM PDT Reuters - Some 20 European banks agreed to reimburse non-U.S. investors for $15.5 billion of losses from convicted swindler Bernard Madoff's Ponzi scheme, but some Swiss lenders remain holdouts, a lawyer for victims said.

Economist: Europe debt hurting Wyo. energy prices (AP) Posted: 25 May 2010 03:31 PM PDT AP - The state's economy will benefit if Greece and other European countries don't default in their debt crisis and if their government spending is reduced, an economist said Tuesday.

Most Europeans swindled by Madoff get money back (AFP) Posted: 25 May 2010 03:03 PM PDT AFP - A majority of the European victims of Ponzi scheme mastermind Bernard Madoff got their money back, their lawyers said Tuesday in New York.

Bishop: 100 cases in 10 yrs for Italy priest abuse (AP) Posted: 25 May 2010 02:40 PM PDT AP - Italy's bishops' conference provided the first ever statistics of clerical sex abuse in the country Tuesday, saying there had been about 100 cases over the past 10 years that warranted church trials or other canonical procedures.

Gadhafi's son: Freed Lockerbie bomber is very sick (AP) Posted: 25 May 2010 02:13 PM PDT AP - The only man convicted of the Lockerbie bombing, released last year from a British prison on compassionate grounds, is alive but very sick, the son of Libyan leader Moammar Gadhafi said Tuesday.

EU bank levy plans have to retain national scope: UK (AFP) Posted: 25 May 2010 02:02 PM PDT AFP - Plans for an EU-wide levy on banks, due to be unveiled on Wednesday, will be resisted if they seek to deliver a continental bailout fund, Britain's new business minister said on Tuesday.

Italian gov't approves euro24 billion in budget cuts (AP) Posted: 25 May 2010 01:45 PM PDT AP - Premier Silvio Berlusconi's ministers on Tuesday approved euro24 billion ($30 billion) in budget cuts for the 2011-2012 period aimed at protecting the country from the sort of market speculation that pushed Greece to the brink of bankruptcy.

Ireland cracks down on Internet piracy (AFP) Posted: 25 May 2010 01:45 PM PDT AFP - Ireland's main broadband supplier said Tuesday it had launched a crackdown on Internet piracy that could see customers being cut off if they share copyrighted music online illegally.

German ex-soldiers to work in Somalia (AP) Posted: 25 May 2010 10:37 AM PDT AP - A private security company's plan to deploy more than 100 German ex-soldiers to Somalia to work for a warlord has triggered intense media coverage and drew harsh criticism from lawmakers Tuesday, while prosecutors said they were looking into the deal.

UN reminds rich countries of climate promises (AP) Posted: 25 May 2010 09:49 AM PDT AP - As another difficult round of climate talks approached, the United Nations urged rich countries Tuesday to live up to their promises of help for poor nations in the fight against global warming.

Several thousand visit Tito's grave (AP) Posted: 25 May 2010 09:41 AM PDT AP - Several thousand people visited Josip Broz Tito's grave to celebrate his birthday Tuesday in a sign of the sentimentality many feel about the Yugoslav communist dictator 30 years after his death.

5 Somalis face piracy charges in Dutch trial (AP) Posted: 25 May 2010 09:36 AM PDT AP - Europe's first trial of alleged Somali pirates opened Tuesday with conflicting accounts from the five suspects, a notable lack of physical evidence and a shortage of witnesses, in a case that illustrates the difficulty of prosecuting piracy cases and why so many captured sea bandits are let go.

Cyprus Church head tells anti-Pope clerics to hush (AP) Posted: 25 May 2010 09:25 AM PDT AP - The leader of Cyprus' Greek Orthodox Church is warning senior clerics opposed to Pope Benedict's visit here next month to either join in welcoming the pontiff or to keep quiet behind closed doors.

Swedish university re-invites Muhammad artist (AP) Posted: 25 May 2010 08:52 AM PDT AP - A Swedish university has invited an artist who angered Muslims by caricaturing the Prophet Muhammad to finish a lecture that was disrupted by violent protests.

Bottle flies as Sarkozy gets tough on problem kids (AP) Posted: 25 May 2010 08:49 AM PDT AP - French President Nicolas Sarkozy has narrowly missed getting hit by a plastic bottle lobbed by a student during a school visit to combat school violence.

American accepts Abel Prize for mathematics (AP) Posted: 25 May 2010 08:37 AM PDT AP - American John Tate accepted Norway's 6 million kroner ($900,000) Abel Prize for mathematics Tuesday for his role as "a prime architect" of number theory.

Russian tour bus crashes in Turkey, 15 killed (AP) Posted: 25 May 2010 08:25 AM PDT AP - A bus carrying Russian tourists skidded off a highway in southern Turkey and fell off a bridge Tuesday, killing 15 people and injuring 26 others, officials said.

Croatia' EU hopes may be set back by debt crisis (AP) Posted: 25 May 2010 08:08 AM PDT AP - A national hero delivered to a war crimes court. A former minister detained for graft. Cherished national shipyards on sale. A deal struck with a neighbor despite the risk of losing territory.

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