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Brexit to blow 20 bn euro hole in EU budget

Britain's withdrawal from the European Union could leave the remaining 27 countries with a 20-billion-euro hole in their budget to fill, a commissioner said Wednesday. EU Budget Commissioner Guenther Oettinger, of Germany, called on the bloc to improve the efficiency of its spending in the...

Six suspected ISIS extremists arrested in Europe

Six suspected members of Daesh (ISIS) were arrested in Spain, Britain and Germany on Wednesday in an operation led by Spanish authorities investigating an extremist recruiting network, the Spanish interior ministry said. Raids were continuing Wednesday morning targeting the group, based on...

Merkel sounds conciliatory tone on trade before G20 summit

German Chancellor Angela Merkel said on Tuesday that global trade was not a zero-sum game and that she would seek to establish a rules-based commerce system that benefits all, striking a compromising tone before a G20 summit next week. Merkel, who will host leaders of the G20 leading...

New cyberattack causes mass disruption in Europe

A new and highly virulent outbreak of malicious data-scrambling software appears to be causing mass disruption across Europe, hitting Ukraine especially hard. Company and government officials reported serious intrusions at the Ukrainian power grid, banks and government offices, where one...