MOSCOW (AP) — Russian officials struck a defiant note Monday after Western leaders threatened to further punish Moscow for escalated fighting in eastern Ukraine over the weekend, arguing that the Ukrainian government is responsible for the latest increase in violence.
BRUSSELS (AP) — The election in Greece of a radical party that wants to overhaul the country's bailout program raises new uncertainties for the eurozone. But several European creditor nations hinted they will seek a compromise deal to avoid disastrous scenarios, like Greece falling out of the euro.
By Renee Maltezou and Deepa Babington ATHENS (Reuters) - Greek left-wing leader Alexis Tsipras was sworn in on Monday as the prime minister of a new hardline, anti-bailout government determined to face down international lenders and end nearly five years of tough economic measures. The decisive victory by Tsipras' Syriza in Sunday's snap election reignites fears of new financial troubles in the country that set off the regional crisis in 2009. It is also the first time a member of the 19-nation euro zone will be led by parties rejecting German-backed austerity. Tsipras' success is likely to empower Europe's fringe parties, including other anti-austerity movements across the region's economically-depressed south.