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HSBC to pay record fine to U.S. government
Stephen Beard Dec 11, 2012
The British bank HSBC is to pay almost $2 billion to U.S. authorities to settle a case over money-laundering and sanctions busting. The penalty is the biggest in the history of U.S. banking regulation.
ECB keeps Greek debt secrets under wraps
Stephen Beard Nov 30, 2012
The European Central Bank has won a legal battle against Bloomberg News to keep some of the ECB’s internal documents about Greece's debt private.
GM looks to close German autoplant
Christopher Werth Nov 29, 2012
Strong unions and labor laws have kept struggling carmakers from cutting plants in Germany, but that may be about to change.
Questions remain about the future of Greece
Mark Lowen Nov 21, 2012
A meeting to agree Greece’s next round of bailout money has ended after almost 12 hours with no decision. Athens won't get vital bailout funds without an agreement.
Man arrested for ID theft of most of Greek population
Kai Ryssdal Nov 21, 2012
Just when you thought it couldn't get any worse for the Greeks.
German economy begins to feel recession pressure
Jeff Horwich Nov 15, 2012
Europe has officially slipped back into recession. Growth in Germany -- widely considered to have a relatively healthy economy -- has slowed as well.
Strikes signal greater unity problems in eurozone
Kai Ryssdal Nov 14, 2012
Europeans in Spain, Portugal and Greece protest austerity measures with a general strike today, but the real problem could be a greater lack of unity across the eurozone.
Across Europe, workers synchronize strikes against austerity
Stephen Beard Nov 14, 2012
Millions of workers went on strike across Europe today in protest against public spending cuts. Hundreds of flights have been cancelled, car factories and ports have been shut, and rail services disrupted.
Workers push back on austerity across Europe
Steve Evans Nov 14, 2012
There are strikes going on this morning in Greece, Spain, Portugal, Italy and Belgium. Workers are protesting all across Europe against rising unemployment and austerity.
Austerity as seen from the streets of Athens
Jeremy Hobson Nov 13, 2012
Yesterday, the Greek parliament pushed through an extensive package of cuts and tax increases -- its most aggressive austerity budget so far -- in order to receive their next bailout payment.
