European Union (EU)

4:42am

Sun January 6, 2013
The Two-Way

The Tax Man Takes Aim At The World's Wealthy

Originally published on Sun January 6, 2013 8:17 am

Protesters demonstrate outside a Starbucks coffee shop in London last month. Protests were held at Starbucks throughout the U.K. after it was revealed that the coffee chain had paid almost no corporate taxes for the last three years.
Peter Macdiarmid Getty Images

As 2013 begins with wealthy Americans in line for bigger tax bills, they're not alone. Tax fairness takes the spotlight worldwide this year, as cash-strapped governments look to impose more of the burden on well-heeled companies, individuals and institutions, and to catch and punish tax cheaters.

This week, as the U.S. Congress averted a plunge off the fiscal precipice, British Prime Minister David Cameron sent a letter to leaders of the Group of Eight countries that make up about half of the world's economic output.

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2:53am

Wed December 19, 2012
NPR Story

Credit Rating Upgrade Is Good News For Greece

Originally published on Thu December 20, 2012 3:44 am

Transcript

DAVID GREENE, HOST:

Greece got a rare bit of good news late yesterday. Standard and Poor's upgraded the country's credit rating six notches to a B minus. I mean, not the worst grade on your report card, but in the financial world this is junk bond status.

Still, Joanna Kakissis reports from Athens that there is a more stable outlook.

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2:53am

Thu December 13, 2012
Business

E.U. Banking Supervision Would Ease Crisis

Originally published on Thu December 13, 2012 7:03 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with supervising banks in the EU.

(SOUNDBITE OF MUSIC)

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9:43am

Mon December 10, 2012
The Two-Way

After Helping Europe Rise From Ashes, EU Accepts Nobel Peace Prize

European Commission President Jose Manuel Barroso of Portugal during today's Nobel Peace Prize ceremony in Oslo.
Nigel Waldron Getty Images

Giving the 2012 Nobel Peace Prize to the European Union has been controversial.

As The Associated Press reports:

Three previous Peace Prize laureates "South African Archbishop Desmond Tutu, Mairead Maguire of Northern Ireland and Adolfo Perez Esquivel from Argentina, have demanded that the prize money of $1.2 million not be paid this year. They say the bloc contradicts the values associated with the prize because it relies on military force to ensure security."

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6:32am

Tue December 4, 2012
Planet Money

Bad News For U.S. Farmers: Europeans Still Think Peanut Butter Is Nasty

Originally published on Tue December 4, 2012 9:47 am

"This is how America Tastes!"
American Peanut Council

Despite the best efforts of U.S. peanut farmers, Europeans still don't eat much peanut butter.

This is a particular bummer for the farmers right now, because they're sitting on a peanut glut. This year's harvest was nearly twice as abundant as last year's (over 6.1 billion pounds), and the majority of those nuts are a variety (runner peanuts) that are often used for peanut butter.

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