Search Results for: European countries
EU launched platform to help consumers and traders solve online disputes
February 17th, 2016
The European Commission launched on 15 February a new platform to help consumers and traders solve online disputes over a purchase made online. The Online Dispute Resolution (ODR) platform offers a single point of entry that allows EU consumers and ...
Emissions-Testing Probe Prompts Raid of Renault Facilities
January 15th, 2016
Antifraud officials search several French car maker’s headquarters, engineering center France’s antifraud authority has launched an emissions investigation into Renault SA and other car makers, French Economy Minister Emmanuel Macron said Thursday, deepening scrutiny of Europe’s car industry after Volkswagen AG was caught cheating on ...
Cyprus:‘Lagarde List’ accounts face €35mln in taxes
January 13th, 2016
Some €35mln in taxes have been imposed on undeclared deposits in 85 Swiss bank accounts included in the so-called Lagarde List, Finance Minister Harris Georgiades said on Tuesday. Speaking before the House Watchdog and Ethics Committees, the minister said ...
China to be Iran’s top partner in 2016
January 7th, 2016
The expected removal of the nuclear deal opens up new opportunities for Iran. Though the sanctions haven’t lifted yet, many countries and their respective companies have lined up to gain more advantage from the renewal or restoration of economic ...
World Economic League Table 2016 Highlights
December 29th, 2015
Slower Chinese GDP growth and a weaker currency mean that China is now forecast to overtake the US in 2029 compared with 2025 in last year’s forecasts. Japan has the weakest forecast growth of all major economies and is ...
IMF Managing Director Christine Lagarde Welcomes U.S. Congressional Approval of the 2010 Quota and Governance Reforms
December 21st, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today welcomed the adoption of legislation by the U.S. Congress to authorize the 2010 Quota and Governance Reforms. “The United States Congress approval of these reforms is a ...
Balkan States Woo Chinese Investors
November 30th, 2015
At the ’16 + 1′ summit, which opened on Tuesday, China is deepening its interest in Southeastern Europe, investing in trade, finance, agriculture and infrastructure projects. The 4th annual Economic and Trade Forum between China and 16 countries of ...
ECB Says Leverage Ratio Makes Banks More Stable
November 24th, 2015
Lenders have raised concerns new standard could prompt them to take more risk, offsetting benefits The European Central Bank said Monday that a leverage ratio requirement may tempt some banks to take more risk, but will still make them ...
New Chairman for UHY
November 12th, 2015
UHY, the international accounting and consultancy network, has elected Bernard Fay as the new chairman of UHY, following 17 years as a UHY Board Director. With Bernard’s election, the UHY network will be led for the first time by ...
David Cameron sets out EU reform goals
November 10th, 2015
David Cameron has outlined his four goals for reforming the UK’s membership of the EU, including restrictions on benefits for people coming to the UK. He said Britain faced a “huge decision” in the in/out referendum promised before the ...