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EU Corruption Costs Over €120 Billion A Year

An official EU report published Monday says corruption affects all member countries of the European Union and costs the bloc at least 120 billion euros ($162 billion) annually. She said the amount lost annually would be enough to fund the Union’s …

Germany Elections: Can Angela Merkel Save Aging, Dying Europe?

Chancellor Angela Merkel’s political party won Germany’s national elections on Sunday and was poised to register close to a majority in German parliament. Merkel, therefore, is slated to be only the third German leader since World-War II to win a …

Hackers Break Into Banks And Steal 60 Million Euros Hackers Break Into Banks And Steal 60 Million Euros

McAfee and Guardian Analytics released a joint report today saying that more than 60 firms have suffered from what it has called an “insider level of understanding.” The automated malicious software program was discovered and it was designed to use …

Angela Merkel Pushes for Structural Reform Angela Merkel Pushes for Structural Reform
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Angela Merkel, German Chancellor and leader of the Christian Democratic Union, has urged struggling European nations to embrace structural reform in order to rescue their faltering economies. According to AFP, Merkel stated in a recent speech that she was against …