Search Results for: European Union
These are the minimum wages in European countries
February 13th, 2017
Monthly minimum wages below €500 in east and well above €1000 in northwest As of 1st January 2017, 22 out of the 28 Member States of the European Union (EU) have national minimum wages: only Denmark, Italy, Cyprus, Austria, ...
European Commission Considering Limits on Virtual Currency Transactions
February 1st, 2017
The European Commission has released an Inception Impact Assessment considering transaction limits on virtual currency transactions as it steps up efforts in its fight against the financing of terrorism. On 2 February, 2016, the Commission published a Communication to ...
European stocks end mixed; miners gain
December 29th, 2016
European stock markets closed mixed in light post holiday trade on Wednesday, with miners pushing higher, while Italian banks led decliners on ongoing concerns about the future of Banca Monte dei Paschi di Siena. The Stoxx Europe 600 index ...
European Commission proposes new bankruptcy rules
November 24th, 2016
European Commission proposes new approach to business insolvency in Europe: promoting early restructuring to support growth and protect jobs The European Commission is for the first time presenting a set of European rules on business insolvency. Well-functioning insolvency and ...
UnionPay International and Bank of China jointly issued the first Travel Europe Themed UnionPay credit card
November 21st, 2016
On November 21, UnionPay International and Bank of China (BOC) jointly announced their joint issuance of the first Europe version of the Travel Mate. China UnionPay credit card. This is the first Travel Europe themed UnionPay credit card issued ...
Germany and the European Commission rejected calls to impose taxes on imports from USA
November 15th, 2016
Germany and the European Commission rejected on Monday (14 November) calls by former French President Nicolas Sarkozy to impose taxes on imports from the United States if President-elect Donald Trump quits a global agreement for fighting climate change. Trump, ...
European Commission invites European Supervisory Authorities to amend KID documents for investment products
November 14th, 2016
The European Supervisory Authorities (ESAs) – the European Banking Authority (EBA), European Securities and Markets Authority (ESMA) and European Insurance and Occupational Pensions Authority (EIOPA) – have received a letter from the European Commission setting out the amendments it ...
Markets Right Now: European Stocks Open Lower As Trump Wins
November 9th, 2016
European markets have opened lower after Donald Trump was elected president of the United States. The Stoxx Europe 600 index was down 2.2 percent, while Germany’s main DAX index opened 2.9 percent lower. The euro was 0.6 percent higher ...
European Property Investors shift in opportunities in smaller economies
October 24th, 2016
The European commercial real-estate market is shifting, with the hottest cities cooling off as investors’ interest in other locations grows. Real-estate markets throughout Europe saw investors pile in following the 2008 financial crisis. With the European Central Bank and ...
Seven worrying trends in the European refugee crisis
October 20th, 2016
As part of his final UN General Assembly, President Obama hosted a leaders’ summit on refugees. In his speech he termed the global refugee crisis one of ‘the most urgent tests of our time’. But the list of commitments coming ...
