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Storm Eleanor Causes Flood Damage on Ireland's West Coast

Homes and business on Ireland's west coast suffered flood damage and 27,000 were still without electricity on Wednesday after Storm Eleanor brought heavy rain and winds of up to 155 kilometers per hour, reported Reuters. 

The storm hit Ireland's fourth largest city, Galway, particularly hard as high tides late on Tuesday forced road closures and wreaked havoc for shop owners.

PPC confirms Italian and Chinese bids for ADMIE

Greece's power utility PPC confirmed on Sunday it had received two binding bids for a 24 percent stake in the country's power grid operator ADMIE.

The terms of Greece's international bailout require that PPC, which is 51 percent state-owned, either sell its stake in ADMIE or fully privatize the grid by next year.