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Greece to Pay Finland Collateral for Loan

Posted October 4th, 2011 at 7:35 am (UTC-5)
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Greek Finance Minister Evangelos Venizelos says Greece has agreed to provide collateral to Finland in exchange for another round of bailout loans. Greece will issue $1.2 billion worth of collateral in the form of bonds. Finland demanded the collateral in exchange for participating in a Greek bailout package. Venizelos reiterated that the Greek government will […]

Tags: , Posted in Economy, Europe

Officials: 2 Terror Suspects Not Planning Attacks on Finland

Posted September 17th, 2011 at 10:25 am (UTC-5)
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Officials in Finland say two people arrested on suspicion of financing terrorism and recruiting people for terrorist activities were not planning attacks on the Nordic country. A police detective, Kaj-Erik Bjorkvist, says the suspects’ alleged actions were related to a country “far away” from Finland. Officials are cautioning that the Finnish people should not be […]

Tags: , Posted in Europe

Finland Arrests 2 In Its First Ever Terror Case

Posted September 16th, 2011 at 7:55 pm (UTC-5)
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Police in Finland have arrested two people in the country’s first ever terrorism-related cases. The National Bureau of Investigation says the two suspects were arrested September 7 after a lengthy investigation. They are being held on suspicion of financing terrorism and terror recruitment. Officials said that following the arrests, police searched several homes in the […]

Tags: , Posted in Europe

Coalition Government Sworn-in in Finland

Posted June 22nd, 2011 at 1:45 pm (UTC-5)
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The six-party coalition government of Finnish Prime Minister Jyrki Katainen has been sworn in two months after national elections. Earlier Wednesday, the parliament overwhelmingly elected the conservative party leader as the new prime minister. Mr. Katainen was finance minister in the outgoing center-right coalition government. Mr. Katainen, whose party won the April elections, has formed […]

Tags: , Posted in Europe

Champagne Fetches Record $44,000 at Auction

Posted June 3rd, 2011 at 4:15 pm (UTC-5)
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A bottle of Veuve Clicquot salvaged from a 19th century shipwreck in the Baltic Sea set a world record for champagne Friday when it sold for almost $44,000 at an auction. An unidentified Internet bidder from Singapore paid the record price, and purchased a bottle of Juglar champagne for around $35,000. The two bottles were […]

Tags: , , Posted in Europe
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