Search Results for: Member States
The Top Exporters and Importers of eggs in the European Union
October 17th, 2017
In 2016, the 28 Member States of the European Union (EU) exported a total €960 million worth of eggs. Trade between Member States (intra-EU exports) accounted for over 90% (€866 million) of the total value of eggs exported, while ...
CySec suspended the license of a Cyprus Investment Firm
October 11th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform that, following a decision in the meeting dated 25.09.2017, the authorisation of the Cyprus Investment Firm Concorde Investments (Cyprus) Ltd (‘the Company’), number 189/13, is suspended, ...
Business investment rate up to 23.2% in the euro area
October 6th, 2017
In the second quarter of 2017, the business investment rate was 23.2% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the euro area was 40.8% in the second quarter of 2017, ...
EU ordered Luxembourg to collect around €250 million from Amazon
October 5th, 2017
The European Commission has issued a press release to inform on its conclusion that Luxembourg granted undue tax benefits to Amazon of around €250 million. According the press release, Commission finds Luxembourg gave illegal tax benefits to Amazon worth ...
EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action
October 4th, 2017
The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, highlighting the need for further reforms to tackle avoidance, error, ...
European Commission welcome digital taxation proposal
September 12th, 2017
The European Commission has today welcomed a joint proposal from the so-called Big Four member states – France, Germany, Italy and Spain – on the taxation of large digital companies. The Irish Government is, however, expected to express caution ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
Production in construction down by 0.5% in euro area
August 22nd, 2017
In June 2017 compared with May 2017, seasonally adjusted production in the construction sector decreased by 0.5% in the euro area (EA19) and by 0.2% in the EU28, according to first estimates from Eurostat, the statistical office of the ...
Number of EU nationals working in Britain hits record high despite Brexit
August 17th, 2017
The number of EU nationals working in the U.K. has hit a record high despite concerns of a post-Brexit exodus. Number of EU citizens working in Britain hits record high of 2.37 million. The figure marks a rise of ...
The European Central Bank faces a legal challenge
August 16th, 2017
The European Central Bank may be violating laws on monetary financing in its 2.3 trillion euro ($2.7 trillion) asset purchase programme, Germany’s constitutional court said on Tuesday, and it asked Europe’s top court to make a ruling. In the ...
