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Germany's Merkel cannot afford to bail out Deutsche Bank

German Chancellor Angela Merkel cannot afford to bail out Deutsche Bank (DBKGn.DE) given the hard line Berlin has taken against state aid in other European nations and the risk of a political backlash at home, German media wrote on Saturday. The government denied a newspaper report on...

Military helicopter crashes in Switzerland

A Swiss military helicopter crashed over the Alps on Wednesday, the country’s defense ministry has confirmed. The aircraft came down over the Gotthard Pass in south-eastern Switzerland, according to a ministry statement. There was no information about the number of people involved, but...

EU Commissioner urges immediate end to Syrian war

EU Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides on Wednesday stressed the urgent need to end the Syrian civil war, decrying attacks on aid convoys. "When convoys are deliberately shot at, it becomes virtually impossible to deliver aid. There has never been a...