March 19, 2015
by Alison Sacriponte
Greece's Hellenic Parliament passed an anti-poverty bill on Thursday, despite requests from international creditors to hold off on the vote until they had time to assess its budgetary impact. The anti-poverty bill is the first law passed since the leftist government was elected in January. The ...[read more]
February 21, 2015
by Kimberly Bennett
Euro zone finance ministers agreed on Friday to extend Greece's financial rescue by four months, though the deal will not be ratified until next week after the list of reforms, including all the policy measures the government plans to take during the remainder of the bailout period, are approved. ...[read more]
February 18, 2015
by Taylor Brailey
Human Rights Watch (HRW) on Wednesday condemned the EU for refusing to take action to address Hungary's alleged problematic laws and practices regarding human rights since the European Commission enacted a "rule of law" measure in March 2014. This measure was created to address abuses of human ...[read more]
January 25, 2015
by Dominic Yobbi
Greek voters went to the polls on Sunday to vote in an election that could lead to the renegotiation of bailout terms with international lenders. The leftist party Syriza, which has been leading in the polls, has promised to reopen negotiations with its lenders, as many Greeks consider the terms ...[read more]
October 5, 2014
by Dominic Yobbi
Three allies of French ex-president Nicolas Sarkozy were charged Saturday for their connection to a fraud investigation of Sarkozy's failed 2012 presidential campaign. Top aide Eric Cesari, party financial director Fabienne Liadze, and the former communications chief Pierre Chassat have been ...[read more]
September 22, 2014
by Alison Sacriponte
A French appeals court ruled Monday that Swiss bank UBS must deposit a guarantee of 1.1 billion euro in an investigation of charges for aiding in tax evasion for wealthy French customers. In July UBS was put under formal investigation for allegations of laundering the proceeds of tax evasion. ...[read more]
August 16, 2014
by Kimberly Bennett
Holders of Argentina's euro-denominated bonds filed a notice of appeal Friday of a US District Court for the Southern District of New York's ruling barring the country from making interest payments on the notes until first paying $1.5 billion to a group of hedge funds. Also on Friday the court ...[read more]
July 30, 2014
by Ann Schober
Two major human rights advocacy groups on Tuesday voiced their opposition to the "unfair trial" that led to the conviction of 26 Algerian activists on charges of holding an "armed gathering" and violence against the police. Nine activists were sentenced to six months in prison. The remaining 17, ...[read more]
July 17, 2014
by Nicholas Tomsho
The European Parliament approved a resolution to allow Lithuania to adopt the euro as their official currency in a plenary session Wednesday. The resolution, which will make Lithuania the nineteenth nation to join the Eurozone on January 1, 2015, was passed by a vote of 545-116. "This is good news ...[read more]
March 19, 2014
by Theresa Donovan
The Federal Constitutional Court of Germany on Tuesday upheld the constitutionality of the European Stability Mechanism (ESM). This affirms the court's 2012 decision, which rejected a preliminary injunction to halt the implementation of the ESM and the fiscal compact, but which imposed a cap on ...[read more]

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