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2:00am

Tue February 21, 2012
Business

Business News

Transcript

(SOUNDBITE OF MUSIC)NPR's business news starts with lower European markets.) Transcript provided by NPR, Copyright National Public Radio.

2:00am

Tue February 21, 2012

2:00am

Tue February 21, 2012
Europe

Spain's Jobless Benefits Bogged Down by Fraud

Originally published on Tue February 21, 2012 4:49 am

Transcript

STEVE INSKEEP, HOST:

Hard as it may be to believe, it is Spain, not Greece that has Europe's highest jobless rate - almost one in four workers are unemployed in Spain. Official statistics are based on the number of people who register for unemployment benefits.

But as Lauren Frayer reports, Spaniards have a secret: many collect a paycheck while they're on the dole.

UNIDENTIFIED MAN: (Spanish language spoken)

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2:00am

Tue February 21, 2012
Europe

Bailout Reminds Greek Village Of WWII

Nikos Bouras, 37, stands next to a monument for those massacred by the Nazis on June 10, 1944, that stands atop the highest hill in the Greek town of Distomo.
Joanna Kakissis NPR

Europe is still a continent that looks over its shoulder at a long and sometimes dark past. That extends even to the protracted Greek bailout negotiations, where Germany's dominant role has scratched at some historical wounds.

Germany occupied Greece during World War II, committing atrocities that some older Greeks can't forget. This history defines the pretty village of Distomo in central Greece, where Nazi soldiers killed 218 men, women and children in June 1944.

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2:00am

Tue February 21, 2012
Asia

Looking Back On Nixon's Trip To China

Forty years ago Tuesday, President Richard Nixon became the first U.S. president to visit China. Renee Montagne looks back on that day in 1972.

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