BERLIN (Reuters) - German Chancellor Angela Merkel told lawmakers from the Social Democrats, her junior coalition partner, at a meeting on Monday she would back a third bailout package for Greece if an aid-for-reforms deal were struck with Athens, participants told Reuters. The insiders, who spoke to Reuters on condition of anonymity, added that Merkel also said she was confident a majority of conservative lawmakers would support the move. Merkel also signaled that she was ready to start talks with Athens on how to ease the country's debt burden, the participants said. ...
European Commission President Jean-Claude Juncker said on Monday he had sought to get Greece to raise more tax from its shipping magnates as part of a cash-for-reform deal that the Athens government has rejected. In the course of the failed negotiations, Juncker said the European Union had sought "more social fairness by challenging vested interests". "I had to do the job of the Greek government - to impose a less favorable tax treatment for ship owners, although this is common sense and in line with tax justice," Juncker told a news conference in Brussels.
BERN/LONDON (Reuters) - Greece's deepening debt crisis prompted bankers to pause, not panic, on Monday, and though markets dropped sharply they held above previous crisis lows. Euro zone stocks remained well ahead of where they were at the start of the year before the European Central Bank (ECB) started printing money, and while government borrowing costs shot up in Europe's indebted southern countries - Italy, Spain and Portugal - they remained well below the heights scaled at the peak of the crisis in 2011/2012. "I'm firmly convinced that we will not see an unraveling of the European integration," Axel Weber, chairman of UBS and ex ECB board member told a Swiss banking conference in Bern.
ESKI MOSUL, Iraq (AP) — When the Islamic State fighters burst into the Iraqi village of Eski Mosul, Sheikh Abdullah Ibrahim knew his wife was in trouble.
Petr Cech said he had the "same hunger for success" after his move across London from Chelsea to Arsenal was confirmed Monday when the Gunners announced he had agreed to join them on a "long-term contract for an undisclosed fee" from the Premier League champions. Cech, however, has recently found himself playing understudy to Belgian-shot-stopper Thibaut Courtois and made just 15 appearances in all competitions for Chelsea last season. "I'm really excited about joining Arsenal Football Club and can't wait to join up for pre-season," said Cech.
WASHINGTON (AP) — The Supreme Court said Monday it will dive back into the fight over the use of race in admissions at the University of Texas, a decision that presages tighter limits on affirmative action in higher education.
By Laila Kearney NEW YORK (Reuters) - Doctors updated the condition of New York prison escapee David Sweat to serious from critical on Monday, a day after he was shot by police after more than three weeks on the run, hospital officials said. Sweat, 35, is being treated in the state capital where a trauma team at Albany Medical Center determined that the convict did not require surgery, the hospital said in a statement.
SOUSSE, Tunisia (AP) — Top European security officials paid a somber homage on Tunisian sands Monday to 38 people killed at a beach resort, as Tunisian authorities announced the arrest of seven alleged accomplices of the gunman.
FRANKFURT, Germany (AP) — Greece has entered the twilight zone.
BUJUMBURA, Burundi (AP) — Burundians voted Monday in parliamentary elections marked by an opposition boycott and the threat of violence in the capital.
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