As the PIIGS nations — Portugal, Ireland, Italy, Greece, and Spain — face the prospect of default, euro bonds are being considered as a remedy. 

As Spain prepares for a major market test as it tries to access capital on Thursday, its Treasury Minister has announced that Spain has been blocked out of the market.

Authorities in the former communist nation of Bulgaria are reportedly persecuting a pastor and his family over their decision to homeschool, prompting an international outcry among home-education advocates who are calling on officials involved in the growing scandal to drop the case immediately. The matter is even more urgent now as the father has been threatened with criminal charges of “child abuse” for removing his son from government school, according to activist groups and news reports.

Pastor Yavor Kostov from the town of Vidin decided in February to withdraw his 13-year-old son from the state’s education system because of brutal bullying, the U.S.-based Home School Legal Defense Association (HSLDA) and local media reported. While researching various international distance-learning programs, the family decided to educate the boy at home by themselves. Local officials, however, had other plans.  

Following a high-profile legal battle that raged on for more than a year and a half, the British Supreme Court ruled Wednesday that WikiLeaks founder Julian Assange could be extradited to Sweden, where he is wanted for questioning in a bizarre sex-crime investigation that his supporters say is politically motivated. However, the high court also gave the pro-transparency activist’s lawyers two weeks to contest the ruling.

While much of the coverage has focused on the legal wrangling over extradition from the United Kingdom to Sweden, an even more serious concern, according to WikiLeaks enthusiasts, is whether the Swedish government intends to hand him over to U.S. authorities. Assange believes that American prosecutors may have a sealed indictment potentially charging him conspiracy or even espionage for his role in publicizing classified government information — some of which exposed war crimes, corruption, deception, conspiracies, and criminality at the highest levels.

While the European Union — many of whose member states are facing dire economic crises — struggles to convince the world of its significance and necessity, it has taken on another agenda: Internet control. Reports indicate that the EU will soon be creating a mandatory electronic ID system for all citizens of the European Union.

The EU's Digital Agenda Commissioner, Neelie Kroes, asserts that the legislation will promote “the adoption of harmonized e-signatures, e-identities and electronic authentication services (eIAS) across EU member states.”