Daily News Digest -- Tues Aug 21, 2012
Daily News Digest -- Tues Aug 21, 2012: Key Irish and international business news at a glance; Deutsche Welle reports that another German solar module maker, Sovello, has fallen victim to fierce global competition. Insolvency administrators say the firm based in eastern Germany's "solar valley" will stop production within the next two weeks.... the German government's planned tax agreement with Switzerland looks set to collapse, due to resistance from the federal states who feel it is too lenient on tax cheats. Some experts say that Berlin should follow the American example instead and take a hard line with Swiss banks who help their clients avoid tax.
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