CHINA-ITALY-MONEY LAUNDERING
FLORENCE, Italy — As Italy's economy was heading off a cliff, police couldn't help but notice that the country's Chinese communities were booming. After a four-year investigation by Italy's financial police, they discovered that more than 4.5 billion euros ($4.9 billion) — the proceeds of counterfeiting, prostitution, labor exploitation and tax evasion — had been smuggled out of Italy to China in less than four years using a money-transfer service.
EU-GREECE-BAILOUT
ATHENS, Greece — Greek Prime Minister Alexis Tsipras is set to address an emergency session of Parliament over the country's struggles to get a deal with creditors, a day after his government opted to delay loan repayments to the International Monetary Fund — a gambit that has rattled markets all around the world.
EU-FRANCE-EUTHANASIA
PARIS — Europe's top human rights court has allowed doctors to stop treatment of a French man left comatose after a car accident seven years ago, a case that has drawn nationwide attention amid debate about end-of-life practices.
GERMANY-G-7
BERLIN — When Germany last hosted a summit of the world's leading industrialized democracies, Chancellor Angela Merkel was a relative newcomer on the world stage. With less than two years in office she focused on one major theme: the fight against climate change. Heading into this weekend's meeting of what is now the G-7 — after Russia's removal from the club over its actions in Ukraine — Merkel is pursuing a much broader agenda, bolstered by Germany's growing clout and her own increased political prominence.
OPEC MEETING
VIENNA — OPEC ministers in Vienna are expected to maintain the organization's output target, but Iran is signaling it wants a greater share of the cartel's production. Iranian oil sales have been crimped by sanctions imposed over its nuclear program. These could be eased by June 30 if Tehran reaches a nuclear deal with six world powers.
ITALY-SUBWAY COLLISION
ROME — A subway train bumped into another one ahead of it at a station in southern Rome on Friday, throwing passengers to the floor and injuring a dozen people. Passengers emerging from the station reported feeling the impact, seeing sparks and ending up on the floor in the dark. They scrambled out thanks to lights on cell phones.