Germany is feasting on the rest of Europe

The situation in Athens seems to have calmed down, but former Federal Reserve Chairman Ben Bernanke thinks Europe has an even bigger issue to worry about: Germany.

A Tightrope for Europe’s Central Bank Chief

Central bankers sometimes distinguish between peacetime, when economies are running relatively normally, and war, when there is a financial crisis.

Greece pledges to get rid of tax evasion as a way of life

ATHENS, Greece (AP) — Dimitris Bokas keeps meticulous records of the bathroom fixtures he sells from his small shop in the quiet middle-class residential neighborhood of Koukaki near the center of Athens — just in case a tax inspector makes a surprise visit to ensure Greece's 23 percent sales tax is being collected and reported correctly.

German Investor Confidence Falls a Fourth Month on Greece

German investor confidence fell less than forecast in July, signaling optimism that the economy can cope with any fallout from Greece’s financial crisis.

European Central Bank, Potential Rescuer, Remains Wary

Among its many proposed measures, the eurozone’s agreement on Greece calls for an overhaul of the country’s rickety banking system.