ECBs Constancio - Emergency liquidity assistance available but up to Governing CouncilECB Vice-President Vitor Constancio said on Saturday that while the central bank has an emergency liquidity assistance facility, decisions on using it are made by the Governing Council. ECB policymakers have to approve the money, which comes from the relevant national central bank, meaning that country's government is on the hook for the money rather than the ECB itself. In any case that will be ultimately a decision of the Governing Council, which I don't want to predict at this stage," Constancio said during a question and answer session at Cambridge University.
Former German president Richard von Weizsaecker dies at 94BERLIN (AP) — Former German President Richard von Weizsaecker, who urged his country to confront its dark past, promoted reconciliation and denounced far-right violence during a 10-year tenure spanning the reunification of west and east, has died. He was 94.
Gervinho poised for Ivory Coast returnIvory Coast forward Gervinho is due to return to action at the African Nations Cup on Sunday after completing a two-match suspension in a boost to his side’s chances in their quarter-final against Algeria. Television pictures of an animated Gervinho running a gauntlet of emotions while supporting his country from the stands have served as a reminder of the passionate approach he brings to the team. The AS Roma winger was sent off for slapping Guinea’s Naby Keita in his side's opening match at the tournament in Equatorial Guinea.
Macedonia police say thwart plot to overthrow governmentPolice in Macedonia are to charge four people with trying to overthrow the government, the Interior Ministry said on Saturday, and a senior government official identified one of them as the leader of the main opposition Social Democrats. "For the first time since independence, the Ministry of Interior has realised a case in which we have stopped an attempt to threaten the constitutional order - the undemocratic seizure of power," ministry spokesman Ivo Kotevski told a news conference, without identifying the four suspects by name. A senior government official, who declined to be named, said one of the suspects was Social Democrats leader Zoran Zaev.
Asian Cup final between Australia and South Korea goes to extra timeSYDNEY (Reuters) - Saturdays Asian Cup final between Australia and South Korea went to extra time after the teams finished tied at 1-1 at the end of 90 minutes. Massimo Luongo scored in the 45th minute to give Australia a 1-0 lead at halftime, then Son Heung-min equalised for South Korea in stoppage time at the end of the match. (Reporting by Julian Linden)
Struggling Woods will be fine in the end, says ClarkeBy Bernie McGuire DUBAI (Reuters) - People should not read too much into Tiger Woods’s disastrous performance at the Phoenix Open, according to his close friend and fellow former British Open champion Darren Clarke. Clarke himself has struggled since winning golf’s oldest Major in 2011 at Royal St. Georges. The 46-year old Northern Irishman, who is widely tipped to become Europe’s next Ryder Cup captain, has not had a top-10 in 55 events on the European Tour since lifting the Claret Jug.
Returning Sturridge ready to silence criticsLiverpool striker Daniel Sturridge says he is ready to shrug off his "injury-prone" label when he returns after a five-month layoff for West Ham United's visit to Anfield in the Premier League on Saturday. The England hitman, who struck 21 league goals for Liverpool last season, suffered a thigh injury on international duty in September. Liverpool have struggled while Sturridge endured a series of setbacks that prolonged his time on the sidelines and led detractors to describe the 25-year-old as "fragile". Sturridge has seen many of the negative comments but is only concerned with a return to the pitch and turning a tough time into a positive experience.
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