All articles for the topic: claim

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Montenegro's ruling party could be ousted from power for first time in 30 years

Montenegro's pro-Western Democratic Party of Socialists (DPS) has secured 35% of votes in a tight and bitterly-contested parliamentary election, its worst result since the country won independence from Serbia 14 years ago.

Official results show the pro-Serbian opposition alliance on 32.5%, meaning that it could feasibly form a government if it can reach consensus with Montenegro's other two opposition parties. That would see the DPS lose control of power in the Balkan nation for the first time in 30 years.

 

Greek debt crisis: German MPs back bailout extension

Greek debt crisis: Eurozone leaders hopeful of deal

Eurozone leaders have broadly welcomed new proposals for Greek reforms amid hopes a deal can be struck within days to stop Greece defaulting on its debt.

German Chancellor Angela Merkel said Greece's latest offer constituted "some progress". But she said more work was needed and "time is short".

Greece must repay a €1.6bn (£1.1bn) International Monetary Fund (IMF) loan by the end of the month.

If it fails to do so, it risks crashing out of the euro and possibly the EU.

Greek debt crisis: German MPs back bailout extension

Damien McGuinness reports from Berlin: ''Both Athens and Berlin have compromised''

Greek bailout

Resolving Europe’s Bank-Resolution Problems

The creation of a European banking union is a major step forward in the region’s financial integration. The first step in this process, single supervision, became a reality earlier this month when the European Central Bank took the helm of the Single Supervisory Mechanism. The next step, the Single Resolution Mechanism (SRM), is an effort to solve the problems of too-big- and too-interconnected-to-fail and cross-border crisis management in the eurozone.

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