Some examples of inflation's impact on Europeans

Some examples of Europeans' pain from rising energy and food costs: _ French truckers, farmers and fishermen are staging protests over high fuel prices. _ One of Spain's biggest real estate developers files for protection from creditors, with $7.9 billion in debt, as once-hot Spanish housing market slumps in credit crunch stemming from U.S. subprime crisis. _ German exports, mainstay of growth in Europe's biggest economy, fell 3.2 percent in May, the biggest drop in three years. _ Inflation is running at annual rate of 4 percent in the 15 countries that use the euro, well above the European Central Bank's goal of just under 2... [read full story]