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Former IMF chief Dominique Strauss-Kahn was charged in the northern city of Lille on Monday with "aggravated pimping" for his alleged participation in a prostitution ring. After an eight hour hearing he was released under a €100,000 bail.
DSK indicted for pimping – Le Figaro
Hedge-fund billionaires, property tycoons and banking executives were among wealthy donors to the Tory Party who British PM David Cameron entertained at Chequers, his official country residence, and Downing Street, it emerged yesterday. No 10 bowed to mounting pressure and published two lists of backers who have enjoyed the Prime Minister’s hospitality on official property on at least nine occasions in the past two years.
Bankers and tycoons at Cameron’s top table – The Times
Angela Merkel announced yesterday that Germany was ready to participate in European financial "umbrellas", AKA bailout funds, to the tune of €211bn and €190bn respectively by mid-2013.
Germans now owe €400 billion – Financial Times Deutschland
Former Polish intelligence chief Zbigniew Siemiątkowski has been accused of organizing an illegal CIA prison in Poland where alleged terrorists were detained from 2002-3. According to the Warsaw daily, the prosecutors investigating the affair have also enough evidence to start proceedings against former PM Leszek Miller.
Accusations over CIA prison – Gazeta Wyborcza
Former EU commissioner Pádraig Flynn has become the second high-profile figure after ex-Taoiseach Bertie Aherne to resign from Fianna Fáil. The Mahon tribunal concluded Mr Flynn had corruptly sought and received a payment of IR£50,000 from developer Tom Gilmartin in 1989. In his short letter to the party, Mr Flynn reiterated his rejection of the adverse findings against him.
Flynn resigns from FF before party meeting on expulsions – The Irish Times
Najmuddin Farah Ahmad, an Iraqi Kurd known as "Mullah Krekah" has been sentenced to five years in prison for death threats against several Kurdish and Norwegian personalities, including one minister who had demanded his expulsion from Norway in 2003. The founder of Islamist group Ansar al-Islam, Ahmad has been a refugee in Norway since 1991.
Police investigate new Krekar threats – Aftenposten
With the acquisition of Banca Civica for €977 million, the Catalan CaixaBank has become Spain's biggest bank, overtaking Santander. The operation is part of the restructuring process of the Spanish banking sector.
CaixaBank, new leading bank in Spain – El Periódico de Catalunya
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