Search Results for: EU commission
ESAs released a report on innovation facilitators established within the EU
January 8th, 2019
The European Supervisory Authorities (ESAs) published a joint report on innovation facilitators (regulatory sandboxes and innovation hubs). The report sets out a comparative analysis of the innovation facilitators established to date within the EU. The ESAs also set out ...
EU issues Regulations on 2021 VAT rule changes for e-Commerce
December 20th, 2018
The European Commission has published proposed implementing regulations for reforms to VAT rules for e-commerce that will be effective from January 2021. These implementing regulations are intended to ensure the smooth running of the new VAT rules for e-commerce ...
Italy strikes deal with EU over budget
December 19th, 2018
Rome and Brussels appear to have resolved their disagreements and reached a compromise, after Prime Minister Giuseppe Conte promised the EU that his country would reduce its 2019 deficit. Italy’s Economy Ministry announced on Tuesday that an informal agreement ...
Seven EU Countries established the “Mediterranean seven” group to promote blockchain
December 12th, 2018
Countries around the world are starting to recognize the value that blockchain technology brings to the table regarding not only its potential to improve governance and the delivery of public services but also to tackle key problems and inefficiencies ...
Europe stocks climb as mining, tech shares rise on volatile day
November 30th, 2018
European stocks rose in volatile trading, with mining, technology and industrial shares leading the gains following a sharp rally on Wall Street sparked by dovish comments from Federal Reserve Chairman Jerome Powell. The Stoxx Europe 600 Index was up ...
Pound Euro exchange rate recovers ground on poor German consumer confidence data
November 29th, 2018
The Pound Euro (GBP/EUR) exchange rate gained ground, and is currently trading at €1.1336, after the release of Germany’s poor Gfk consumer confidence figures dampened investor confidence in the single currency. The EUR was also hit after its initial ...
Euro briefly rallied on Thursday
November 23rd, 2018
The euro briefly rallied on Thursday after Britain and the European Union agreed in principle to a text setting out their future relationship before a summit on Sunday. European Council President Donald Tusk said the text had been discussed ...
European stocks bounce back after global equity sell-off
November 22nd, 2018
European stocks closed higher Wednesday, clawing their way back from sharp losses sustained in the previous session. The pan-European Stoxx 600 finished provisionally up 1.2 percent during the day’s deals, with all sectors and major bourses in positive territory. ...
British Pound recovered slightly on Friday; Euro recovers, US Dollar sells off
November 19th, 2018
The British Pound (GBP) recovered slightly on Friday as the fears of a complete dissolution of Theresa May’s cabinet eased. The US Dollar (USD) exchange rates weakened against both the Euro (EUR) and Pound (GBP) and leaves some momentum ...
New EU rules to boost crowdfunding platforms and protect investors
November 13th, 2018
Economic and Monetary Affairs Committee voted on Monday 5th November, 2018, on its position on common rules on the creation and functioning of European crowdfunding service providers for business. Regulation scope extended to include crowdfunding offers up to EUR ...
