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A green light by the eurozone to a list of proposed reforms by Greece needed in return for continued loans means its new leftist government has its work cut out in the coming weeks trying to deliver on its promises.
Greece appears to have few allies as it enters 11th-hour negotiations with eurozone partners to shake off the shackles of austerity connected to its 240-billion-euro (US$271-billion) bailout packages.
When the Italian presidency was vacated by long-serving Giorgio Napolitano on Jan. 14, Prime Minister Matteo Renzi vowed to deliver a smooth and undramatic succession process, in a break from previous practice.
The German economy has entered the New Year on a high note, with low prices and the slump in the value of the euro helping to brighten the growth prospects for Europe's economic powerhouse.
Even as Prime Minister Shinzo Abe condemned the killing of one of two Japanese hostages held by the Islamic State militant group, critics have pointed the finger at the Japanese premier for his more robust foreign policy and in particular a recent trip to the Middle East.
Known for his aversion to wearing ties, Alexis Tsipras, leader of the leftist Syriza party, joked with reporters on the eve of Sunday's parliamentary election that he would finally put one around his neck when he gets debt reduction for Greece.
How do you fight terrorism in a bloc that has no internal borders and a patchwork of national rules?
Italy's last presidential election, in 2013, was a messy saga that crowned two months of political paralysis and exposed the inability of the political class to deal with it.
The crash of AirAsia flight QZ8501 and ongoing investigations into the tragedy have exposed new gaps in Indonesia's aviation sector after years of efforts to improve its reputation.
The risk of Greece exiting the euro once again took center stage in European economic life on Monday, threatening the European Central Bank's (ECB) plans to spur eurozone growth while helping to boost opposition to the region's swingeing economic reforms.
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