Bundesbank chief warns of Grexit damage to German budget: HandelsblattBundesbank chief Jens Weidmann has warned Angela Merkel's cabinet that a Greek exit from the euro zone would rip billions of euros out of the German budget, German business daily Handelsblatt reported on Sunday, citing government sources. The paper said that Weidmann had warned that the costs of a Grexit would hit Bundesbank profits, which flow into the budget. It added that Bundesbank losses would be greater than the 14.4 billion euros ($16 billion) already put aside in provisions linked to the euro zone debt crisis because it would make losses on Greek securities bought by the central bank.
Factbox: A timeline of Iran's nuclear program, efforts to curb itIran, the United States and five other major powers are laboring to reach an agreement by Tuesday to restrain the Iranian nuclear program in exchange for relief from economic sanctions. The deal seeks to allay suspicions that Iran is pursuing a nuclear weapons capability, something Tehran denies, saying its program is for purely peaceful purposes. Below is a chronology of Iran's nuclear program and efforts to constrain it.
Wimbledon at a glanceLONDON (AP) ? A look ahead to Monday at Wimbledon after Sunday's day off:
All-Williams matchup headlines Monday's action at Wimbledon
Dartmouth contests showcase computer-generated creativityCONCORD, N.H. (AP) ? Can an algorithm pass for an author? Can a robot rock the house? A series of contests at Dartmouth College is about to find out.
UK's Princess Charlotte to be christened on queen's estate
Syrian troops, Hezbollah enter rebel-held mountain resortDAMASCUS, Syria (AP) ? State media says Syrian forces backed by Lebanese Hezbollah fighters have entered a rebel-held mountain resort near the border with Lebanon, a day after launching a major offensive to capture the town.
Land mine blast in east Ukraine kills 5 soldiers, wounds 3
Europe can't count on ECB alone in Greek crisis: French minAIX-EN-PROVENCE, France (Reuters) - Greece and international creditors must find a compromise in the country's debt crisis and not count only on support from the European Central Bank, French Economy Minister Emmanuel Macron said. Speaking as Greeks voted in a referendum over whether to accept more austerity, Macron said Greece and its creditors had to find a compromise based on reforms while also making its debt burden more sustainable. "Whatever the vote, we must starting tomorrow respond with political discussions to create a framework," Macron said at an economics conference in Aix-en-Provence in southern France.
The Latest: Solid turnout seen so far in Greek bailout vote