The Delaware Gazette

15 dead in latest killer quake in northern Italy

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MIRANDOLA, Italy — A pow­er­ful earth­quake killed at least 15 peo­ple and left 200 injured Tues­day as it rocked a swath of north­ern Italy. Fac­to­ries, ware­houses and churches col­lapsed, deal­ing a sec­ond blow to a region where thou­sands are still home­less from another tem­blor just nine days ago.

Austerity now dirty word in Europe, but what next?

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PARIS — The day after Fran­cois Hol­lande rode to power in France on a slo­gan of “change now,” the con­ver­sa­tion in Europe was already dif­fer­ent Mon­day: Aus­ter­ity had become a dirty word.

Italian cruise ship tally: 11 dead, 21 missing

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ROME (AP) — The first vic­tim from the Costa Con­cor­dia dis­as­ter was iden­ti­fied Wednes­day — a 38-year-old vio­lin­ist from Hun­gary who had been work­ing as an enter­tainer on the stricken cruise ship.

European Union weighs greater unity to save euro

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BRUSSELS (AP) — Euro­pean lead­ers were wrestling Thurs­day over how much of their sov­er­eignty they are will­ing to give up in a des­per­ate attempt to save the ambi­tious project of con­ti­nen­tal unity that grew from the ashes of World War II.

Downgrade threat, Geithner push EU to agree plan

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BERLIN — Euro­pean nations were pressed Tues­day by a credit down­grade threat and the U.S. Trea­sury chief to deliver on mar­kets’ huge hopes for a solu­tion to the 2-year-old finan­cial cri­sis engulf­ing the con­ti­nent. Ger­many and France down­played Stan­dard & Poor’s warn­ings to down­grade 15 euro­zone nations and Europe’s bailout fund. But a down­grade of their AAA rat­ings would com­pli­cate their efforts to restore investor con­fi­dence in Europe.

EU seeks to save the euro, but S&P isn’t convinced

PARIS (AP) — Seek­ing to restore con­fi­dence in the euro, the lead­ers of France and Ger­many jointly have called for changes to the Euro­pean Union treaty so that coun­tries using the euro would face auto­matic penal­ties if bud­get deficits ran too high.

Italy moves toward economic and political change

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ROME (AP) — Under pres­sure to con­trol its dan­ger­ous debt, Italy sped a pack­age of reforms toward approval Fri­day and pre­pared to hand its dys­func­tional gov­ern­ment over to a tech­no­crat who Europe hopes can save the coun­try from going broke. Finan­cial mar­kets around the world ral­lied in relief.

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