More than 100 migrants’ bodies were recovered from the Mediterranean on Friday, after a smuggling boat capsized off the coast of Libya. According to the Associated Press, more than 1,000 people have lost their lives attempting to cross the Mediterranean in the past 10 days.

Egyptian air and naval forces have found some of the wreckage from EgyptAir flight 804, which crashed in transit from Paris to Cairo yesterday, the Egyptian army said on Friday, including some of the 66 passengers’ “personal belongings.” The Greek defense minister said a body part was also found.

Reports emerged Monday, citing an interview given to BBC Arabic by the Somali ambassador to Egypt, claiming that as many as 400 refugees drowned after their boats capsized between Egypt and Italy. The Greek Coast Guard and the Italian and Maltese rescue coordination centers denied any knowledge of such an incident.

Citing the Agence France-Presse and Dogan news agencies, the Guardian reports that Turkish police have discovered a factory producing fake lifejackets filled with non-buoyant materials. Earlier this week, the bodies of 34 refugees washed ashore in Ayvalık and Dikili.

Two refugee boats attempting to navigate the Aegean Sea from Turkey to Greece capsized early Tuesday morning, killing at least 34 men, women and children, whose bodies washed onto beaches in the coastal towns of Ayvalık and Dikili, a local news agency there reported.

On Saturday, thousands of migrants rushed past baton-wielding Macedonian police, who fired stun grenades into the crowds. Many hundreds remained on the Greek side of the border.

Nine days after agreeing to a $96 billion bail out, Greek Prime Minister Alexis Tsipras has announced his resignation and called for early elections in September.

After 23 hours of talks, Greece and its international creditors reached a tentative agreement for an 85 billion euro bailout on Tuesday, Reuters reports. “There remains work to be done with details,” cautioned Finland’s Finance Minister. “We must take one step at a time. Agreement is a big word.”

After all of the boisterous noise about rejecting austerity, Greece has finally agreed to the outlines of a bailout to address its debt crisis: more austerity. Its future is grim(mer). At times like this, it is useful to ask which side has the morality, and which has only the hazards.

Thomas Piketty, the French economist and author of Capital in the 21st Century (reviewed here by A Dog), has given an searing interview about the European debt crisis to the German newspaper Die Zeit. (Hamilton Nolan has written it up here.) Unfortunately, the only English translation, an unofficial one posted to Medium by Gavin Schalliol, has since been taken down.

Now that Greece’s citizens have overwhelmingly rejected the idea of continued financial austerity, the rest of Europe—particularly Germany—must decide whether to continue to hound the broke-ass Greeks to repay their debts. And Germany’s own moral superiority is far murkier than Germans might think.

On Sunday, Greece overwhelmingly rejected the bailout terms proposed by its European creditors, with a projected 61% of the country voting “no” to further austerity measures via a national referendum, the Associated Press reports.

“The European financial system was architected to make lending to Greece — and Spain and Portugal and Italy — a money machine for bankers... [who] understood perfectly well that there was in fact a long-term risk, an uncertainty, a constructive ambiguity.” Gosh, this all sounds awfully familiar.

“You all have CSAs in the States, right? That’s amazing.”

On Tuesday night, Greece missed the deadline for a $1.8 billion debt payment to the International Monetary Fund, becoming the first developed country to do so and joining a club of delinquent borrowers that includes the nations of Sudan, Somalia and Zimbabwe, the Associated Press reports.

Though Gawker.com is not technically in the business of sophisticated financial analysis of the global economy, we must report to you this morning that it may be time to panic.

After exit polls showed left-wing coalition Syriza handily winning Greece's parliamentary election on Sunday, a senior minister with the country's ruling center-right party publicly admitted defeat, the Associated Press reports.

Police in Athens have detained several people in connection with a thwarted plan to kill Belgian police officers, Reuters reports. According to a CBS News source, a man suspected of leading the group is among those being held.

Five people are dead and dozens remain stranded on a ferry adrift off the Albanian coast more than a day after a fire broke out on the ship's car deck. Strong winds, rain, and hail has impeded a coordinated rescue mission by Italy, Greece, and Albania.

Initially hampered by bad weather and strong winds, rescuers finally began airlifting passengers from an Italian ferry that caught fire off the coast of Albania on Sunday.