Brussels

Global Politics

European Union prepares to adopt 24th official language as costs mount, calls for English rise

In the European Union, every language is an official language. Government officials speak in the official language of their country, and those comments are then translated into 22, soon to be 23, other languages. All of that costs $1.4 billion per year — and that total will increase when Croatian becomes an official language later this year.

Business, Finance & Economics

Overseas bailout

As the U.S. bailout plan stumbles on Capitol Hill, European banks are suffering from their exposure to the U.S. crisis. The World's Laura Lynch reports that governments in Europe have had to intervene with bailouts of their own.

Global Politics

Ukraine's identity crisis is nothing new

Ukraine has been gripped by demonstrations for weeks now. Protesters want the President to keep his promise and sign a deal with the European Union. The deal would bail out the country's broken finances and bring it into closer association with Brussels. Russia doesn't like that. It's not the first time in Ukraine's history that is has to decide between East and West.