BERLIN / AFP Ending Europe’s open-borders Schengen agreement would cost EU economies at least 470 billion euros ($520 billion) over a decade, according to a German study published on Monday. The impact on trade flows would also cost major trade partners the United States and China tens of billions of euros each, said the study by the Prognos institute on ...

Lviv / AFP Branches of at least three Russian banks have been attacked during a spate of weekend violence across Ukraine that coincided with the second anniversary of the ouster of Kiev’s Moscow-backed leadership. The latest incidents occurred overnight Sunday in Lviv — a nationalist bastion in the west of the former Soviet republic — where unknown assailants torched the ...

London / Bloomberg Irish banks are acting immorally, and ripping off their customers. At least, that’s what politicians are saying before the nation’s Feb. 26 general election. Bankers remain a prime target for politicians, seeking to win over voters still angered by what the IMF described as the world’s costliest banking crisis since the Great Depression. Fianna Fail, once the ...