Follow the Money: The Podcast

For many observers across Europe, Spain has become a rare success story – offering hope that progressive politics can still succeed, govern, and project confidence on the world stage. But the reality behind the country’s image as the continent’s left-wing darling is more complicated, Spanish political scientist and activist Elsa Arnaiz says in a special episode.

Far-right groups in Europe are using PayPal to sell merchandise and raise money, despite the payment giant’s own rules prohibiting transactions that promote hate or discrimination. This highlights a broader failure by Big Tech, which is not just turning a blind eye but allowing extremist content to remain on its platforms.

Reporting by: Polina Bachlakova.

The controversial US company Palantir supplies crucial software to intelligence services, armies and police forces in Europe. European governments are growing nervous about the US firm. Meanwhile, European investors have scaled up their investment in the company.

When Portuguese investigators looked into a suspicious smartphone trader, they thought they were dealing with an €80 million VAT fraud case. But that small-town raid soon grew into one of Europe’s biggest VAT fraud investigations, involving thousands of companies, hundreds of suspects, and an estimated €2.9 billion in lost tax revenue. Journalist Salsabil Fayed retraced the steps of the alleged fraudsters .

When the EU passed its corporate sustainability legislation in 2023, it was hailed as a game-changer for holding companies accountable for abuses in their supply chains. But the law was quickly diluted after industry lobbying. Journalist Hans Wetzels obtained leaked documents suggesting that the U-turn was largely driven by pressure from Washington.