Search Results for: Europe
European Commission finds Luxembourg gave illegal tax benefits
June 28th, 2018
The European Commission has found that Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits for about a decade. This is illegal under EU State aid rules because it gives Engie an undue ...
Update: European shares fall; Pan-European STOXX 600 and Germany’s trade-sensitive DAX were down
June 28th, 2018
Trade tensions and political concerns again weighed on European shares on Thursday as investors positioned for a potentially divisive European Union summit. Having clawed back some ground on Wednesday, the pan-European STOXX 600 and Germany’s trade-sensitive DAX were down ...
Europe’s banks and industrial stocks sink as trade dispute deepens
June 26th, 2018
The latest episode in a trade dispute between the United States and other major economies sent European shares further into a funk on Monday with benchmarks down 0.8 to 1.2 percent and autos, basic resources and tech stocks the ...
Employment is up in Europe; Check how the employment rate changed in your country
June 15th, 2018
The number of persons employed increased by 0.4% in both the euro area (EA19) and the EU28 in the first quarter of 2018 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office ...
On 20 June is the biggest vote on potential change to copyright law in Europe
June 11th, 2018
On 20 June, Parliament’s legal affairs committee will vote on the biggest potential change to copyright law in Europe in the last 30 years. The European Commission made the initial proposal two years ago and at its heart were ...
Scandinavians split Europe on digital tax plan
June 6th, 2018
“A digital services tax deviates from fundamental principles of income taxation by applying the tax on gross income, i.e. without regard to whether the taxpayer is making a profit or not,” Swedish Finance Minister Magdalena Andersson, and the finance ...
Facebook and Google accused of violating GDPR on first day of the new European Privacy Law
June 6th, 2018
When Mark Zuckerberg testified in front of members of the European Parliament, he insisted that Facebook was ready for Friday, the day when the European Unions’s strict new data privacy law went into effect. But users in Europe have ...
European stocks seen higher after Italy agrees to form a government
June 1st, 2018
European markets are set to open higher Friday morning after Italian parties averted the prospect of a snap election, although renewed fears of a global trade conflict appeared to limit gains. The FTSE 100 is seen 8 points higher ...
One in ten Europeans in arrears with payments
May 31st, 2018
In 2016, 10.4% of the population in the European Union (EU) were in arrears with their mortgage, rent or other items, such as utility bills or hire purchase payments, which are typically paid as monthly installments. In other words, ...
Strategic partnership between Worldline and SIX consolidating European payments
May 24th, 2018
Worldline’s $2.75 billion deal to buy the payments unit of Swiss exchange operator SIX Group, announced on Tuesday, could herald more consolidation in the industry, SIX’s chairman told Reuters. France’s Worldline beat competition from U.S. bidders to land the ...
