Search Results for: European economy
European Parliament backs Commission proposal for the IFRS, the EFRAG and the PIOB
March 14th, 2014
The European Parliament has today backed the European Commission’s proposal on co-financing the IFRS Foundation, EFRAG and the PIOB, three organisations that play a key role in the development of accounting and auditing standards. Internal Market and Services Commissioner ...
Europe plans new directive on corporate tax
June 16th, 2021
The European Commission plans to propose a new directive to ensure “uniform implementation across all European Union member states” of any deal on international rules for corporate taxation. The Government has previously suggested such rules could cost Ireland up ...
A digital euro
November 19th, 2020
The ECB, as guardian of the euro, provides currency in two forms: we issue banknotes and we transfer electronic deposits to banks and other financial institutions. Digitalisation has spread to every corner of our lives and transformed how we ...
Europe embarks on economic revolution with landmark climate law
March 5th, 2020
Europe wants to make it illegal by 2050 to emit more greenhouse gases than can be removed from the atmosphere. European Commission President Ursula von der Leyen unveiled a draft law on Wednesday that would commit the region to ...
An overview of small and medium-sized enterprises in Europe
November 21st, 2018
Small and medium-sized enterprises (SMEs) — in other words, enterprises with less than 250 persons employed — are often referred to as the backbone of the European economy, providing jobs and growth opportunities. In 2015, the overwhelming majority (92.8 ...
Oil, the petrodollar, and the next emerging market crisis
June 21st, 2018
Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because ...
Euro rises for a 2nd day as risk appetite returns
November 23rd, 2017
The euro edged higher for a second consecutive day on Wednesday as investors adjusted positions on bets that the German coalition collapse will not have any impact on a brightening outlook for the European economy. However, currency markets were ...
Asian stocks held two-years highs on Monday
July 3rd, 2017
Asian stocks start new month on firm footing, bonds under pressure Asian stocks held two-years highs on Monday, starting the new month on a solid footing after two quarters of gains while expectations of credit tightening by the world’s ...
Oil prices rise on expectation of output cut extension
May 8th, 2017
Oil prices rose on Monday as Saudi Arabia’s energy minister said an OPEC-led production cut scheduled to end in June would likely be extended to cover all of 2017, although a relentless increase in U.S. drilling capped gains. Brent ...
EU Commission blocks proposed merger between Deutsche Börse and London Stock Exchange
March 29th, 2017
The European Commission has prohibited the proposed merger between Deutsche Börse AG and London Stock Exchange Group under the EU Merger Regulation. The Commission’s investigation concluded the merger would have created a de facto monopoly in the markets for ...
