Leonid Bershidsky

The Czech prime minister is off the hook for alleged fraud — for now.

For four years, Czech Prime Minister Andrej Babis has faced allegations that he illegally used EU subsidies to build a conference centre near Prague known as the Stork's Nest.

By Leonid Bershidsky

Europe has a new source of economic growth. In the next few months all European Union countries that do not already include drugs, prostitution, and other illegal and gray-market businesses in their gross domestic product calculations will have to do so.