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Will Greece be able to meet the criteria of the Stability and Growth Pact and reduce its annual budget deficit below 3% of GDP by 2012?
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Europe
British Airways employees launch massive strike
Disgruntled British Airways employees have begun a three-day strike after negotiations broke down between their trade union and the airline. Half of scheduled flights could be cancelled.
Europe
Pressure mounts on EU states to bail out Greece
On the cusp of a European Union summit in Brussels, the EU Commission President has notched up the pressure on member states to release funding for highly-indebted Greece.
Germany
German authorities launch massive tax evasion probe
State prosecutors are investigating around 1,100 customers and staff of Credit Suisse's operations in Germany on suspicion that the Swiss bank has hidden client money from the tax authorities.
