标签: Europe

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  • Ukrainian police shoot and kill a gunman who killed at least 6 and took hostages in a supermarket

    Ukrainian police shoot and kill a gunman who killed at least 6 and took hostages in a supermarket

    On a Saturday in Ukraine’s capital Kyiv, a violent mass shooting left at least six people dead, ending after law enforcement special forces stormed the local supermarket where the attacker had barricaded himself and taken hostages, killing the gunman during the confrontation, senior Ukrainian officials confirmed.

    Ihor Klymenko, head of Ukraine’s Interior Ministry, announced the outcome of the incident in an official social media statement, noting that the tactical raid was launched after hours of negotiation attempts failed to draw a cooperative response from the shooter. According to Klymenko’s on-site remarks to reporters, the attacker did not begin the violence inside the store: he first shot and killed four innocent bystanders on an adjacent public street before moving into the supermarket, where he killed a fifth person inside the building. Kyiv Mayor Vitali Klitschko later confirmed that a sixth fatality, a young woman who had been wounded in the attack, succumbed to her injuries while receiving treatment at a local hospital.

    An Associated Press journalist who arrived at the scene shortly after the shooting began observed multiple victim bodies lying on the street, covered by emergency blankets before being removed by medical personnel.

    Klymenko shared key details about the assailant: the man was born in 1962, and was carrying a legally registered short-barrel carbine assault rifle at the time of the attack. No further information about his identity or motive was released immediately, but Klymenko confirmed that police negotiators spent roughly 40 minutes attempting to de-escalate the situation before ordering the raid. Footage from the scene captured a female negotiator, protected by body armor and an armored police vehicle, using a megaphone to urge the gunman to release unharmed hostages, telling him “the people are not to blame for this. Please, let them go and we will talk with you.”

    Klymenko added that negotiation teams even offered to send medical supplies including tourniquets into the building to treat a wounded person the team believed was being held inside, but the gunman never responded to any outreach. “Consequently, the order was given to neutralize him,” Klymenko said.

    Investigators are currently reviewing how the attacker obtained his legal weapons permit. Klymenko explained that the gunman had applied to renew his expiring weapons permit in December of the previous year, which required a medical certification to confirm he was fit to own a firearm. The investigation will now focus on identifying which medical facility issued that certificate, to determine if any regulatory failures contributed to the attack.

    The shooting unfolded in Kyiv’s Holosiivskyi district, one of the capital’s central residential and administrative areas. Broadcast footage from the scene shows uniformed officers taking cover throughout the multi-tenant shopping mall that houses the targeted supermarket while exchanges of gunfire were ongoing, with emergency teams escorting dozens of unharmed bystanders out of the secured area.

    Associated Press writer Katie Marie Davies, based in Manchester, England, contributed reporting to this account.

  • UK police investigate an arson attempt on a building once used by the Jewish community

    UK police investigate an arson attempt on a building once used by the Jewish community

    LONDON – A coordinated investigation led by London’s counterterrorism policing unit is underway after a string of suspicious arson attempts targeting sites associated with London’s Jewish community and Iranian opposition groups across the city’s northwest districts.

    The most recent incident unfolded on Friday evening in Hendon, a residential neighborhood just a short distance from Golders Green, one of London’s most prominent Jewish population centers. Law enforcement officials confirmed that witnesses observed a male suspect drop a canvas bag holding three flammable liquid-filled bottles outside a former Jewish community facility. The suspect attempted to ignite the cache before fleeing the scene; the material failed to fully catch fire, and no injuries were reported. As of Saturday, no suspects have been taken into custody.

    This attempted attack is the latest in a series of arson incidents targeting relevant sites that have shaken the capital in recent weeks. On March 23, four vehicles belonging to a Jewish charity ambulance service were destroyed in a deliberate fire in Golders Green, four people have already been charged in connection with that attack. Just two days before the Hendon incident, two separate arson attempts were recorded across northwest London: one targeted a local synagogue, while the second saw an ignited container thrown into the headquarters of a Persian-language media organization based in Wembley. Three suspects – two adult men and one teenage boy – have been charged with arson over that incident. No people have been hurt in any of the five linked events.

    While detectives have not formally connected the Friday Hendon attack to the earlier incidents, counterterrorism officials have taken lead of the ongoing probe due to clear thematic and operational similarities across all events. Originally, investigating officers had not classified any of the attacks as confirmed terrorist acts, but the pattern of targeting has drawn significant attention from national security officials.

    A key line of ongoing inquiry centers on whether the attacks have any connection to the Iranian government. British authorities have repeatedly publicly accused Iran of leveraging criminal proxy networks to carry out covert attacks on European soil, specifically targeting Jewish community institutions and Iranian opposition media outlets operating in exile. The UK’s domestic intelligence agency MI5 previously disclosed that it foiled more than 20 potentially lethal Iran-backed plots against targets in the country in the 12-month period ending last October.

    Metropolitan Police have not released a detailed description of the Hendon suspect as of Saturday, and have appealed to any members of the public who witnessed suspicious activity in the area Friday night to come forward with information to aid the investigation.

  • Macron says 1 French soldier was killed and 3 injured in attack on peacekeepers in Lebanon

    Macron says 1 French soldier was killed and 3 injured in attack on peacekeepers in Lebanon

    BEIRUT, PARIS – A deadly ambush targeting United Nations peacekeeping forces in southern Lebanon has claimed the life of a French service member and wounded three more, triggering an urgent diplomatic response from French leadership just one day after a fragile 10-day ceasefire took hold along the Lebanon-Israel border.

    French President Emmanuel Macron confirmed the fatal attack in a social media statement Saturday morning, noting that all preliminary evidence points to Hezbollah bearing responsibility for the strike on the UN Interim Force in Lebanon (UNIFIL) patrol. The fallen soldier was identified as Staff Sergeant Florian Montorio, a 17th Parachute Engineer Regiment member based in the southwestern French city of Montauban. Macron added that the three injured service members have already been evacuated for medical care.

    “In this moment of grief, the entire nation bows in respect for our fallen comrade, and extends its unwavering support to Montorio’s family, as well as all French military personnel deployed to advance peace in Lebanon,” Macron wrote.

    This death marks the second French peacekeeper fatality in less than a month. In mid-March, a drone strike on a Kurdish military base in Iraq’s Erbil region killed Chief Warrant Officer Arnaud Frion and left six other French service members wounded.

    French Armed Forces Minister Catherine Vautrin later clarified details of the Saturday incident, confirming the ambush unfolded in the Deir Kifa region of southern Lebanon. The patrol was carrying out a critical operational mission: clearing a secure path to a UNIFIL outpost that had been cut off from supply and reinforcement for several days, amid escalating cross-border clashes between Hezbollah and Israeli forces that have roiled the region for months.

    Montorio was ambushed at close range by fighters from an armed group, Vautrin explained in a post on the social platform X. “He was struck immediately by a direct round from a light weapon. His comrades pulled him to cover under active enemy fire, but were unable to resuscitate him,” she wrote.

    Within hours of the attack, President Macron held separate urgent calls with Lebanon’s President Joseph Aoun and Prime Minister Nawaf Salam to deliver France’s formal demands. According to a readout from Macron’s office, the French leader called on Lebanese officials to launch a full, transparent investigation into the strike, rapidly identify the perpetrators and bring them to prosecution, and take all necessary measures to protect UNIFIL personnel, who operate under international mandate to maintain stability in the region and are never legitimate targets.

    Macron used the diplomatic exchange to reaffirm two core French priorities for the region: that all parties must fully comply with the newly implemented ceasefire, and that France remains deeply committed to upholding Lebanon’s full sovereignty, a pillar of broader stability across the Middle East that benefits all Lebanese citizens.

    The ceasefire that went into effect Friday was negotiated without input from Hezbollah, leaving international observers uncertain whether the group would respect the truce. Saturday’s fatal attack, which comes just 24 hours after the truce was supposed to take hold, has already raised new concerns about the durability of the pause in fighting.

  • Son of 85-year-old French widow home after 16 days in US immigration custody says she needs rest

    Son of 85-year-old French widow home after 16 days in US immigration custody says she needs rest

    An 85-year-old French widow who endured a traumatic 16-day detention by U.S. immigration authorities has safely returned to her home country, where her family is now prioritizing her recovery and emotional healing. Marie-Thérèse Ross, who had married a retired American military veteran decades after he was stationed in France, was held by federal immigration officials for overstaying her 90-day visitor visa, a detention that has sparked diplomatic criticism from French officials.

    Speaking publicly outside Orvault, the western French town that has long been Ross’s home, her son Hervé Goix told reporters Friday that the family’s sole immediate focus is protecting Ross as she processes the harrowing experience. “To preserve her health and her rest, and for her to be able to rebuild herself,” Goix said, speaking alongside Ross’s three other children. “We are particularly relieved today to see our mother again, to have her back. She has necessarily gone through a difficult ordeal.”

    French Foreign Minister Jean-Noël Barrot confirmed Ross’s repatriation on Friday, issuing a sharp rebuke of U.S. Immigration and Customs Enforcement (ICE) over their handling of the case. Without going into further detail, Barrot said ICE’s treatment of Ross “was not in line” with French standards for detainee care, and “not acceptable to us.”

    Court documents trace the origins of the incident back to a bitter family estate dispute following Ross’s husband’s death. The retired soldier, who first met Ross when he was posted to France in the 1960s, married her last June, and she moved to the U.S. to join him. When he died of natural causes in January, a conflict over his estate erupted between Ross and her stepson — a U.S. federal employee. An Alabama judge later found the stepson had intervened to push for Ross’s immigration detention.

    According to U.S. Department of Homeland Security records, ICE agents took Ross into custody at her Alabama home on April 1. Detention records show agents arrested the elderly widow while she was wearing only a nightgown, and she was not allowed to bring her phone, passport, or any form of personal identification with her. She was transferred to a detention facility in Louisiana, where she remained for 16 days while French diplomatic officials lobbied for her release, raising repeated concerns about her health and well-being. Goix told the Associated Press that Ross had already begun the application process for a U.S. green card when she was detained.

    “the essential thing is that she is truly safe, that she regains her comfort, that she is surrounded by her children and grandchildren,” Goix added of the family’s priorities for Ross in the coming weeks.

    Orvault mayor Sébastien Arrouët, who spoke with Ross shortly after her return, told French reporters that the 85-year-old is overjoyed to be home. “she is delighted, she is happy, she is relieved,” Arrouët said. “Put yourselves in her place, in a country she knows a little bit, it all happened to her so suddenly. We don’t realize the psychological violence. She needs to process all this, and the most important thing is that she is back with us.”

  • French film star Nathalie Baye dies aged 77, media report

    French film star Nathalie Baye dies aged 77, media report

    Beloved French acting legend Nathalie Baye, a towering figure in domestic and international cinema whose decades-long career shaped European film, has passed away at the age of 77, multiple French media outlets have confirmed.

    The four-time César Award winner—France’s highest honor for film performance—died at her Paris residence on Friday evening following a struggle with Lewy body dementia, a progressive neurodegenerative condition, her family confirmed to Agence France-Presse.

    Born in 1948 to a bohemian artist family in Normandy, Baye began her professional journey as a dancer before pivoting to acting in the late 1960s. Her breakout roles in the early 1970s quickly propelled her to national fame, and she went on to collaborate with some of the most influential directors of the French New Wave, including François Truffaut and Jean-Luc Godard, cementing her status as a core figure in 20th-century European cinema.

    Over a career spanning more than 50 years, Baye starred in nearly 80 feature films, expanding her reach to global audiences in the 2000s. One of her most famous international roles came in Steven Spielberg’s 2002 hit *Catch Me If You Can*, where she portrayed the mother of lead character Frank Abagnale Jr., played by Leonardo DiCaprio.

    In more recent years, Baye continued to captivate audiences with versatile performances: she delivered a beloved comedic parody version of herself in the hit French series *Call My Agent!*, sharing the screen with her daughter, fellow actress Laura Smet. She also appeared as a French aristocrat in the 2022 *Downton Abbey: A New Era* feature film. Most recently, her 2016 film *It’s Only the End of the World* earned a nomination for the Palme d’Or, the top honor at the Cannes Film Festival, marking one of the final high-profile recognitions of her decades-long career.

    French President Emmanuel Macron led tributes to the star in a post on social media platform X, remembering Baye as a constant, beloved presence in French cultural life. “We loved Nathalie Baye so much. With her voice, her smile and her grace, she has been a constant presence in French cinema over the past few decades, from François Truffaut to Tonie Marshall,” Macron wrote. “She was an actress with whom we loved, dreamed and grew up. Our thoughts are with her family and loved ones.”

  • With a handshake, Spain and Mexico put diplomatic tussle over their colonial past behind them

    With a handshake, Spain and Mexico put diplomatic tussle over their colonial past behind them

    BARCELONA, Spain – In a landmark moment for bilateral ties, Mexican President Claudia Sheinbaum closed a years-long diplomatic rift between Mexico and Spain rooted in the legacy of Spanish colonial rule, wrapping up the reconciliation with a handshake and conciliatory remarks during her Saturday appearance at a Barcelona pro-democracy gathering.

    Addressing delegates at the IV Meeting in Defense of Democracy – a conference bringing together political representatives from 15 nations focused on countering the global rise of illiberal governance – Sheinbaum pushed back on narratives of ongoing tension between the two nations. “There is no diplomatic crisis, there never was one,” she stated, moments before she greeted Spanish Prime Minister Pedro Sánchez with a handshake. She emphasized that the core of the discussion has always been honoring the experiences and contributions of Indigenous communities across Mexico, rather than perpetuating conflict.

    The diplomatic standoff stretches back to 2019, when then-Mexican President Andrés Manuel López Obrador sent an open letter to Spain’s King Felipe VI and Pope Francis calling for a formal, public acknowledgment of systematic abuses carried out against Indigenous populations during the 16th-century Spanish conquest of Mexico. The Spanish government rejected the demand for an official apology at the time, a decision that gradually eroded warm relations between the two governments.

    Ties reached their lowest point earlier this year, when Sheinbaum declined to extend an inauguration invitation to King Felipe VI over the continued refusal to issue the formal apology. Sánchez labeled the snub “unacceptable,” and Spain retaliated by breaking with longstanding diplomatic tradition, declining to send any official representative to the Mexican president’s inauguration ceremony.

    The turning point came in March 2025, when King Felipe VI took an unprecedented step toward reconciliation by publicly acknowledging that the colonial conquest of the Americas resulted in widespread abuse and mistreatment of Indigenous native communities. The concession cleared a path for renewed diplomacy, and the Mexican government responded by inviting the Spanish monarch to attend a 2025 FIFA World Cup match hosted in Mexico this summer.

    At Saturday’s summit, Sánchez did not publicly address the now-resolved dispute, instead focusing on shared collaborative goals. He thanked Sheinbaum for Mexico’s agreement to host the next iteration of the pro-democracy gathering in 2026, marking a quiet but clear return to normal diplomatic engagement between the two nations.

  • Progressive leaders rally in Barcelona to defend the traditional liberal order

    Progressive leaders rally in Barcelona to defend the traditional liberal order

    BARCELONA, Spain — A high-profile gathering of progressive and centrist democratic leaders convened in Barcelona on Saturday, with a shared mission to reverse eroding public trust in the global liberal order, which faces growing pressure from surging far-right extremism and spreading international conflict. Spanish Prime Minister Pedro Sánchez, a vocal critic of U.S. President Donald Trump and the recent U.S.-Israeli military campaign against Iran, is hosting two interconnected events focused on democratic resilience and progressive policy in the convention center of Spain’s second-largest city.

    The fourth iteration of the Meeting in Defense of Democracy brought together sitting heads of state from across the Global West and Global South, including Brazil’s Luiz Inácio Lula da Silva, Mexico’s Claudia Sheinbaum, South Africa’s Cyril Ramaphosa, and Colombia’s Gustavo Petro. In addition to leaders from 10 other nations represented at the summit, British Deputy Prime Minister David Lammy also took part in the proceedings.

    Though no attending leader explicitly named Trump during the portion of the summit open to media coverage, the shadow of his administration’s staunchly unilateral agenda — a sharp break from decades of established U.S. foreign policy, marked by repeated public criticism of NATO and the United Nations — hung over every discussion. The entire summit is framed around defending the existing multilateral, rules-based global system that Trump’s approach has directly challenged.

    Opening the gathering, Sánchez laid out the core threats that attendees have united to address: “We all see the attacks against the multilateral system, the repeated attempts to undermine international law and the dangerous normalization of the use of force.” He outlined the summit’s key priorities for strengthening the global order: kickstarting comprehensive reform of the United Nations, implementing regulatory frameworks for social media platforms to curb the spread of hate speech and harmful disinformation, and developing evidence-based policy solutions to address rapidly widening economic inequality around the world.

    “ We all share the vision that democracy is the best system to respond to the complexities of our societies,” Sánchez added. Organizers note that the forum was first established in 2024 as a joint initiative by Brazil, Spain, and Chile, created to serve as a collaborative space for developing strategies to counter the triple threats of extremism, deep political polarization, and widespread misinformation that have eroded the foundations of participatory democracy across the globe.

    Following the conclusion of the defense of democracy summit, a subset of leaders remained in Barcelona to participate in the inaugural Global Progressive Mobilization, an event expected to draw roughly 3,000 left-leaning elected officials, policy experts, and activists to exchange ideas and coordinate cross-border action.

    Saturday’s back-to-back gatherings came one day after Sánchez and Lula held a pre-summit bilateral meeting at a historic former royal palace in Barcelona. The two leaders used that discussion to highlight their shared alarm over the series of ongoing conflicts that have roiled global stability: Russia’s full-scale invasion of Ukraine, Israel’s military offensive in Gaza launched in response to the October 2023 attack by Hamas, and the latest outbreak of hostilities involving Iran that has sent shockwaves through global energy markets.

    Sánchez and Lula occupy a unique space in contemporary global politics: they count among the small handful of high-profile progressive leaders who have retained national power and popular support despite a broad global shift toward right-wing governance. Both leaders have consistently upheld multilateral cooperation, universal human rights, robust environmental protections, and gender equality — a set of core values that have come under repeated attack from Trump, Argentina’s libertarian far-right President Javier Milei, and a growing bloc of far-right movements across Europe.

  • Iran says it has closed Strait of Hormuz again over US blockade

    Iran says it has closed Strait of Hormuz again over US blockade

    CAIRO – Tensions around the strategically critical Strait of Hormuz have exploded into a fresh escalation just days after a tentative de-escalation, as Iran rolled back its decision to reopen the waterway and opened fire on passing commercial vessels Saturday. The sudden reversal comes in direct response to the United States’ refusal to lift its sweeping naval blockade of Iranian ports, a move that has thrown fragile ceasefire talks into jeopardy and reignited fears of a widening regional conflict that could upend global energy markets.

  • Russia has looted thousands of Ukrainian cultural objects in the war. Finding them is a challenge

    Russia has looted thousands of Ukrainian cultural objects in the war. Finding them is a challenge

    When Russian troops withdrew from Kherson in late 2022 after Ukraine reclaimed the strategic southern Ukrainian city, Alina Dotsenko, director of the Kherson Art Museum, returned to her workplace to a devastating scene: nearly all of the institution’s collections had been stripped and carted away.

    “ I stepped inside to find every storage unit gutted, every shelf bare. My legs couldn’t hold me, and I just slid down the wall, crying like a child,” Dotsenko recalled in an interview with the Associated Press.

    Before Russia launched its full-scale invasion in February 2022, the Kherson Art Museum housed more than 14,000 artworks spanning global creative traditions from North American pieces to Japanese art. Multiple sources, including Dotsenko and citizen footage captured after the liberation, confirm that retreating Russian forces loaded the majority of the collection onto military trucks and transported it to Crimea, the Ukrainian peninsula illegally annexed by Moscow in 2014. To date, the whereabouts of nearly 10,000 missing artifacts remain unknown.

    Today, this act of cultural plunder is back in the international spotlight as Russia pushes to rejoin global cultural circles, just months ahead of the 2024 Venice Biennale — one of the world’s most prestigious contemporary art events. For the first time since 2022, event organizers have cleared Russian representatives to participate, a move Ukraine has sharply condemned. Kyiv argues the biennale “must not become a platform to whitewash the war crimes Russia commits daily against the Ukrainian people and our cultural heritage.”

    Unlike most cases of cultural looting across Ukraine, the Kherson Art Museum theft is uniquely well-documented, thanks to pre-war preparation by Dotsenko herself. Years before the invasion, the director launched a full-scale project to photograph every item in the museum’s collection, building a comprehensive digital archive. When Russian forces occupied Kherson, Dotsenko hid the archive’s hard drives in secret, and retrieved them intact after liberation.

    This detailed record has turned the Kherson case into a top priority for Ukrainian prosecutors and Interpol, who are using the catalog to trace missing works and build legal cases against those responsible for the looting. Unfortunately, this level of documentation is extremely rare across the country.

    Across Ukraine’s occupied and war-torn regions, most pre-war cultural collections lack complete, accessible digital records. Russian occupying forces have deliberately seized or destroyed original inventory logs and collection documentation, making it nearly impossible to meet the strict evidentiary requirements for international legal claims to recover lost artifacts.

    The experience of the Donetsk Regional Art Museum reflects this widespread challenge. Halyna Chumak, the museum’s former director, fled Russian-controlled Donetsk in 2014, shortly after Moscow first seized parts of eastern Ukraine. She was only able to smuggle out a fraction of the museum’s collection catalogs, documenting just over 1,000 of the institution’s 15,000 total works. Over the course of a year, Chumak carried the fragile documents through multiple armed checkpoints, leaving most behind to avoid attracting suspicion from pro-Russian search teams.

    A decade later, a team led by Ukrainian entrepreneur Oleksandr Velychko is working to digitize these surviving catalogs, a painstaking process that took more than three months to process just 400 works. Once complete, the digitized database will be turned over to Ukrainian authorities to serve as partial legal evidence for future ownership claims.

    Ukraine’s Prosecutor General Office currently has 23 open criminal cases focused on cultural heritage crimes, covering 174 separate incidents of looting, destruction, and damage to cultural sites. Anna Sosonska, deputy head of the office’s war crimes unit, explained that the Kherson case stands out from the rest almost entirely because of Dotsenko’s surviving archive.

    “Russian forces almost always take inventory books and all original collection documentation from museums they occupy,” Sosonska explained in an interview. Without these records, prosecutors must rely on open-source intelligence, tracing looted artifacts through social media posts, auction house listings, and other online traces — a slow, labor-intensive process that can rarely reconstruct entire stolen collections. Still, Sosonska emphasized that cultural heritage crimes fall under international humanitarian law and carry no statute of limitations, meaning investigations will continue long after active fighting ends.

    The full scale of Ukraine’s cultural losses remains impossible to calculate accurately. As of March 2024, Ukraine’s Culture Ministry confirms Russia has destroyed or damaged more than 1,700 designated cultural heritage sites and 2,503 cultural infrastructure facilities, including high-profile targets like the Mariupol Drama Theatre. More than 2.1 million museum objects are still held in Russian-occupied Ukrainian territory, and more than 35,000 items have been confirmed looted from territories Kyiv has retaken since 2022.

    Moscow has moved to formalize its control over stolen cultural property. In 2023, the Russian government amended national legislation to add 77 Ukrainian museums from occupied Donetsk, Luhansk, Kherson, and Zaporizhzhia regions to Russia’s official national cultural catalog. Critics call this move a deliberate attempt to cement illegal ownership and block the eventual return of looted works to Ukraine.

    Tetiana Berezhna, appointed Ukraine’s Culture Minister in October 2023, has made widespread digitization of all Ukrainian cultural collections a core priority for her ministry. “If we had fully digitalized all collections before the invasion, we would know exactly how many objects were stolen and exactly what they look like,” she noted.

    There are small signs of progress on accountability for these crimes. In March 2024, a Polish court approved the extradition of Russian national Oleksandr Butiahin to Ukraine, where he faces charges for conducting illegal archaeological excavations in occupied Crimea and smuggling ancient artifacts out of the site that Ukraine recognizes as its sovereign cultural heritage. Butiahin was arrested in Poland in 2023 at Ukraine’s request, and the ruling is still subject to appeal. If extradited and convicted, this would mark the first time a Russian national faces prosecution in Ukraine for crimes against Ukrainian cultural heritage in occupied territory.

    For Dotsenko, who has dedicated 50 years of her life to the Kherson Art Museum, the fight to recover the collection is deeply personal. She recently spoke to the AP at a Kyiv exhibition featuring high-quality reproductions of the stolen paintings, many of which have not been seen by the public since 2022. “While these works remain in captivity, all of us hold out hope that this will be resolved in favor of the Kherson Art Museum,” she said. “I did not spend 50 years of my life building this collection for nothing.”

    The Russian Culture Ministry did not respond to repeated requests for comment from the Associated Press on the allegations of looted Ukrainian art. In past statements, Russian-installed officials in occupied Ukrainian territories have described the removal of cultural artifacts as “protective measures” to save works from damage during fighting. Kirill Stremousov, the former Russian-installed deputy administrator of occupied Kherson who died shortly before the city’s liberation, claimed looted statues would “definitely return” to Kherson once active fighting ended.

  • Ireland’s bank bailout era draws to a close

    Ireland’s bank bailout era draws to a close

    Fifteen years ago, Ireland’s devastating banking collapse handed Irish taxpayers an unwanted new asset: a controlling stake in small domestic lender Permanent TSB (PTSB). What was once a symbol of systemic rot and public fiscal burden is now set to return to full private ownership, marking the definitive end of a painful chapter in Ireland’s post-2008 economic history. This week, Austria’s leading regional bank BAWAG announced a binding agreement to acquire the Irish government’s majority holding in PTSB for a total of €931 million (£812 million).

    The 2011 PTSB bailout was not an isolated event. It came amid a full-blown collapse of Ireland’s property-fueled banking sector, where reckless lending on overinflated real estate assets left most major lenders on the brink of insolvency. At the time, a government-ordered probe revealed that the systemic damage ran far deeper than policymakers had initially acknowledged, and PTSB required an emergency €4 billion (£3.49 billion) cash injection just to avoid total collapse. No private commercial investor was willing to take on the ailing bank’s toxic assets and liabilities, leaving Irish taxpayers to foot the entire bailout bill. That €4 billion injection was just one small slice of the hundreds of billions in public funds committed to stabilizing Ireland’s collapsing banking system after the 2008 global financial crisis.

    Irish Deputy Prime Minister and Finance Minister Simon Harris has framed the PTSB sale as the most transformative shift in Ireland’s retail banking sector in more than 10 years. Beyond marking the state’s exit from its final major bank shareholding, Harris has expressed clear expectations that BAWAG’s entry will inject much-needed competition into a market long dominated by just two institutions: Bank of Ireland and AIB, the two other large lenders that survived the crisis via state bailouts.

    Harris also stressed that the transaction delivers a strong fiscal outcome for public finances. When combined with earlier asset sales of PTSB holdings and various regulatory and transaction fees collected by the state over the past 15 years, total public funds recovered from the PTSB bailout will top €3.7 billion (£3.23 billion) – putting the government within touching distance of recouping the full 2011 emergency injection. More broadly, Harris noted that taxpayers have actually come out roughly €1.3 billion (£1.13 billion) ahead across the combined bailouts of PTSB, AIB, and Bank of Ireland.

    Yet even as this chapter closes, the debate over the legacy of Ireland’s banking bailouts remains far from clear-cut. While the three surviving major lenders have returned to profitability and private ownership, the catastrophic collapse of Anglo Irish Bank – the most reckless of Ireland’s crisis-era lenders – casts a long shadow over any narrative of full success. That single collapse cost Irish taxpayers an estimated €30 billion (£26 billion) in bailout funds, wiping out any overall net gain from the sector’s rescue.

    Dan O’Brien, chief economist at the Institute of International and European Affairs (IIEA) and a leading analyst of Ireland’s financial crisis, points out that Ireland’s 15-year path to full market stabilization mirrors the trajectory of Sweden’s 1980s banking crisis, which followed a near-20-year cycle to restore full market health. Excluding the outlier of Anglo Irish Bank, O’Brien argues the Irish bailout strategy would align with the Swedish model and be widely deemed a success story.

    The end of state ownership has also reignited long-running debates around one of the most controversial decisions of the crisis: the choice to protect international bondholders who lent to failing Irish banks, rather than forcing them to share part of the losses – a policy approach widely referred to at the time as “burning the bondholders.” O’Brien explains that the decision to shield bondholders came under overwhelming external pressure from Eurozone authorities. At the time, European Central Bank leadership insisted that any haircut for bank bondholders would drive up borrowing costs for every euro area bank, triggering widespread financial contagion across the bloc. This pressure culminated in a notorious ultimatum from then-ECB President Jean-Claude Trichet, who warned that “a bomb would go off in Dublin” if Ireland did not back down from any plan to impose losses on bondholders.

    One striking outcome of the crisis that O’Brien highlights is the lack of sustained Euroscepticism in Ireland, despite the harsh economic constraints and external pressure the country endured during the bailout era. Today, opinion polling consistently ranks Ireland among the most pro-EU member states across all key metrics, from public support for the euro to trust in the European Commission and wider EU institutions.