The News of the World phone hacking scandal continues. On Wednesday Rupert Murdoch's son, James, resigned as executive chairman of News International. Lisa Mullins gets the news from Mark Gregory, business correspondent with the BBC World Service.
Greeks go to the polls on June 17th with the financial crisis weighing heavily on them. Some are finding hope in a left-wing coalition called Syriza. But others question whether the party, and it's young leader, are fit to govern.
France's new president, Francois Hollande, has just announced a raft of tax hikes on big companies and the rich. The measures are proving popular among ordinary Frenchmen, but business leaders and the wealthy say squeezing them will hurt everyone.
Mario Draghi, the head of the European Central Bank, Thursday said that "the euro is irreversible." He promised the bank would step in to ease financial pressure on Spain and Italy. What's at stake for Europe, and the United States?