Tagged: European Union (EU)

Euros are being drained out of Greek banks at a rate of up to $1 billion a day this week. In the wake of the country's election turmoil, depositors are nervous about the heightened possibility of a Greek exit from the euro. If that were to happen, euros left in Greek banks could be worth much less than euros outside the country.

A German man, who says he was mistakenly shipped to a secret prison in Afghanistan as part of the CIA's "extraordinary rendition" program, took the stand at the European Union's human rights court today.

After unsuccessfully seeking redress in the U.S. and Germany, Khaled El-Masri is suing Macedonia, where he was allegedly kidnapped. El-Masri argued that the country was callous and calculating when it turned him over to the U.S. This hearing could also mark the end of the legal road for a case that spans eight years.

With "the shockwaves from Greece's failure to form a coalition government" continuing to roil financial markets around the world, there's word from the BBC that Greece has now scheduled a new set of elections for June 17.

And there's also this: