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Europe's slowdown endangers cap-and-trade market

by
Scott Tong
Jan 25, 2013
Europe has the largest market for carbon permits in the world. The idea is, the more a company has to pay for permits to pollute, the greater incentive it has to reduce pollution. But the economic slowdown has greatly reduced the cost of permits.

Greek Parliament investigates former finance minister over 'tax list'

Interview with
Mark Lowen
Jan 18, 2013
George Papaconstantinou is under investigation over allegations he removed the names of his family members from a list of Greek tax evaders.

Swiss bank closes after U.S. tax evasion fine

Interview with
Imogen Foulkes
Jan 4, 2013
Switzerland's oldest bank, Wegelin and Company, has plead guilty to helping wealthy Americans evade taxes.

Europe, post-fiscal cliff

by
Stephen Beard
Jan 2, 2013
European stocks scored gains in early trading after the United States reached a deal to avoid the fiscal cliff, but will the optimism last?

Brothel sponsors Greek soccer team

Interview with
Mark Lowen
Dec 21, 2012
As local and national funding is slashed, two soccer teams in Greece are turning to some unusual sponsors to make ends meet.

Greece gets an upgrade but protests continue

Interview with
Mark Lowen
Dec 19, 2012
Greece's credit rating just got an upgrade by Standard & Poor's. The ratings agency bumped Greece up to a solid B-. And it says that rating is stable -- meaning it won't change in the next several months.

ECB keeps Greek debt secrets under wraps

by
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.

Volkswagen beats the odds in Europe

by
Christopher Werth
Nov 30, 2012
As other carmakers in Europe struggle for their very survival, VW is flourishing thanks in part to its worldwide appeal.

GM looks to close German autoplant

by
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.

Peugeot: Rescued, but constrained by bailout

by
Christopher Werth
Nov 28, 2012
Last month, Peugeot secured a $9 billion lifeline from the French government to stay out of bankruptcy. In return, French politicians want the struggling company keep jobs, not cut them.

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