Search Results for: EU
EU To Extend Minimum 15 Percent VAT Rate
December 21st, 2015
The European Commission has proposed that an EU law provision be extended to ensure that member states levy a headline VAT rate of at least 15 percent until December 31, 2017. Article 97 of the EU VAT Directive provides ...
Cameron Claims Momentum as EU Offers Compromise on U.K. Demands
December 18th, 2015
Prime Minister David Cameron said his bid to change Britain’s relationship with the European Union is gathering momentum after fellow leaders signaled they are willing to find compromises on his demand for curbs on welfare. Rather than the fight ...
Merkel’s Refugee Mini-Summit Threatens EU Split
December 17th, 2015
German Chancellor Angela Merkel Thursday attended an EU mini-summit on the sidelines of the main European Council meeting of all 28 member states in a move seen by many as a sign of further divisions in Europe. Merkel is ...
EU data laws threaten huge fines
December 17th, 2015
Technology companies could face fines of up to 4% of their global annual turnover under new European rules on data protection. The European Union has approved significant changes to data laws, aimed at putting individuals back in charge of ...
EU and WTO partners finalise high tech trade deal
December 17th, 2015
Deal initiated by the EU adds momentum to the multilateral World Trade Organization process happening now in Nairobi. The EU and another 23 members of the World Trade Organization (WTO) today completed a trade deal that eliminates custom duties ...
EU Court Overturns Decision to Fine Airlines in Cartel Case
December 17th, 2015
The European Union’s second-highest court has overturned a decision to impose €790 million ($864 million) of fines on more than a dozen airlines including Air France KLM and British Airways for operating an airfreight cartel. In a statement published ...
European Parliament set to hold inquiry into VW emissions scandal
December 17th, 2015
The European Parliament plans to set up a committee to investigate Volkswagen‘s (VOWG_p.DE) emissions scandal and whether regulatory oversight of the car industry was too lax. Members of the European Parliament will vote on the issue around midday on ...
Transactional lawyers in demand in top European locations
December 16th, 2015
As work in transactional practice picks up across Europe, Australian banking, finance and corporate lawyers are in demand, according to a legal recruiter. While recruitment of Australian lawyers in Europe is usually limited, those with banking, finance or corporate ...
With change of tone, EU warms to Turkey, Serbia membership bids
December 15th, 2015
The European Union revived Turkey’s membership bid on Monday and opened accession talks with Serbia, showing how a migration crisis and Russia’s presence in the Balkans has prompted the EU to rethink plans to stop expanding. More than a ...
EU: Maximising the contribution of the European Structural and Investment Funds to the Commission’s priorities
December 15th, 2015
The Commission adopted a Communication on the contribution of the European Structural and Investment Funds (ESI Funds) to the EU’s growth strategy, the Investment Plan and the Commission’s priorities over the next decade. The Commission adopted a Communication on the contribution ...
