Germany has put pressure on Swiss and Luxembourg banks to divulge information about Germans who are avoiding taxes.

BBC: Germany's Schaeuble welcomes data on global tax evasion

For at least two years, the Swiss government has been actively pursuing a deal with the US, similar to those it has already agreed with the UK and with Germany, in which Swiss banks charge foreign clients a withholding tax.

BBC: Swiss banks' unease over Wegelin

UBS, a Swiss bank, argues that Germany and Japan are more or less where the American economy was in 1992-93: the strength of their recoveries is being underestimated.

ECONOMIST: American interest rates

Their combined revenues will put them closer to Air France-KLM, the product of a similar deal in 2004 and Germany's Lufthansa, which has expanded its operations with a series of smaller takeovers of Swiss and Austrian airlines since 2005.

ECONOMIST: BA and Iberia

The other, led by a Swiss historian, is looking at the wider historical relations between Switzerland and Nazi Germany.

ECONOMIST: Nazi gold

Alongside the Knights, its portfolio also includes Germany's Munich Barons and Berlin Ice Bears, Sparta Prague in the Czech Republic and the Swiss side, Geneva Eagles.

BBC: Dome doom or hockey history?

Instead of depriving Germany and other nation-states of their sovereignty, the post-war leaders should have introduced a Swiss-like system in our countries.

CENTERFORSECURITYPOLICY: Center For Security Policy

Germany has even threatened to spread its battle to Switzerland, Luxembourg and Austria, and is now reportedly investigating Swiss bank Vontobel.

FORBES: Tax Evaders, Beware The Liechten-sting

There were also wins for Stanislas Wawrinka , the Swiss No. 16 seed, and Tommy Haas , the No. 13 seed from Germany.

CNN: Djokovic stunned in Madrid by Dimitrov

In the recent past, the Swiss government has been able to protect its banking laws while addressing concerns of countries like Germany and the U.K. by entering into new tax agreements that effectively curb tax evasion opportunities in Switzerland while maintaining client privacy (See UBS and Credit Suisse Will Take Lumps from Swiss-British Tax Agreement).

FORBES: Swiss Bankers, U.S. Government Square Off Over Credit Suisse

Little of the damage in Germany, the Czech Republic and Austria will be covered by insurance just 10-20%, says Swiss Re.

ECONOMIST: The continent awash