Search Results for: Brussels
Some €70 bn in non performing loans ready to be ceded by Italy’s main banks
February 22nd, 2017
The European Commission, the OECD, Economy Minister Piercarlo Padoan, EBA President Andrea Enria, Bank of Italy Vice Governor Fabio Panetta, and the Fitch ratings agency. One after another, like a chorus, they all spoke out on the same theme ...
Deutsche Boerse CEO denies insider trading allegations
February 17th, 2017
The head of Deutsche Boerse said insider trading allegations against him were unfounded, pointing out that he did not determine the timing of his share purchases ahead of the announcement of merger plans with the London Stock Exchange (LSE) ...
EU Commission to take legal action against U.S. plans for border tax
February 15th, 2017
The European Commission says it is prepared to take legal action against US plans to impose a border tax. “If somebody is behaving against our interests or against international rules in trade then we have our own mechanisms to ...
E.U. Includes U.S. on List of Potential Tax Havens
February 6th, 2017
The European Commission views the United States as a potential tax haven, according to a draft list of 90 countries that Brussels views as problematic. Countries on the list, obtained by Handelsblatt, are categorized based on three risk factors ...
Euro could collapse in 18 months, predicts Trump’s pick for EU ambassador
January 26th, 2017
Brexiteer professor Ted Malloch, who is likely to become the United States ambassador to the European Union, has predicted the looming failure of the single European currency. In an interview with the BBC, Malloch predicts the euro “could collapse” ...
Germany accused of strangling EU tax transparency
December 13th, 2016
A German-led group of EU states is trying to strangle plans for greater tax transparency, amid the restart of an iconic whistleblower case. Germany was accused of leading the behind-the-scenes attack on a European Commission proposal to raise transparency ...
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...
Italy passes 2017 budget, paving way for PM Renzi’s resignation
December 7th, 2016
The Italian parliament on Wednesday gave its final approval to the government’s 2017 budget, which has irked the European Union, paving the way for Prime Minister Matteo Renzi to hand in his resignation. Renzi said he would quit following ...
Brexit supreme court appeal begins
December 5th, 2016
Senior judges prepare to hear Brexit supreme court appeal Four-day hearing on whether parliament or government has right to trigger article 50 will be broadcast live All 11 of the UK’s most senior judges will take their seats on ...
ACCA-Grant Thornton: Auditors need to adapt and constantly innovate
November 24th, 2016
There are challenges ahead and the profession has a choice of embracing them or being left behind – were the main conclusions of a joint ACCA-Grant Thornton conference recently held in Brussels In today’s world, everything is in constant ...
