German President Chritian Wulff has resigned amid questions about possible corruption, a move that leaves Chancellor Angela Merkel - already under pressure from the eurozone debt crisis - scrambling for a replacement.
Wulff stepped down from the largely ceremonial post two months after the German newpaper Bild published a story alleging that while he was premier of Lower Saxony, he had failed to disclose his links to powerful businessman Egon Geerkens.
NPR's Eric Westervelt scored an interview with Dutch Finance Minister Jan Kees de Jager. And Eric reports that he did not mince words.
The Netherlands and Germany, which have AAA credit ratings, hold great sway in whether Greece will receive a $170 million bailout from the European Union and the IMF. Without it, Greece would default on its debt and would almost certainly exit the monetary union. Eric asked Jager if Greece needed to do more beyond the tough set of austerity measures Parliament passed on Sunday and this is what Jager told him:
The Greece debt crisis has forced the country to look to the eurozone for a bailout. But Greece is looking less and less like part of Europe. In the capital Athens, they are still cleaning up from the weekend riots. Even in its tourist precincts, the area is shabby and covered with graffiti.
If you buy organic products, your options may be about to expand. The U.S. and the European Union are announcing that they will soon treat each other's organic standards as equivalent. In other words, if it's organic here, it's also organic in Europe, and vice versa. Organic food companies are cheering because their potential markets just doubled.