Search Results for: Member States
China Drafts Rules for Tobin Tax on Currency Transactions
March 15th, 2016
Initial rate of levy may be kept at zero, people familiar said The rules still need central government approval, they said China’s central bank has drafted rules for a tax on foreign-exchange transactions that would help curb currency speculation, according ...
Commission launches a public consultation on the European Pillar of Social Rights
March 9th, 2016
The European Commission presents a first, preliminary outline of the European Pillar of Social Rights announced by President Juncker in September last year and launches a broad public consultation The European Commission presents a first, preliminary outline of the ...
GDP up by 0.3% in the euro area and by 0.4% in the EU28
March 9th, 2016
Seasonally adjusted GDP rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28 during the fourth quarter of 2015, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of ...
EU Auditors Call For Renewed Efforts On VAT Fraud
March 7th, 2016
The current European Union system for fighting cross-border value-added tax fraud is not effective enough, according to a new report by the European Court of Auditors. The auditors said that while the EU has a range of tools at ...
Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession
March 3rd, 2016
Credit Suisse recently warned the eurozone could collapse in the event of a fresh downturn or recession in Europe. Economists at the Swiss bank in a research note titled “Close to the edge” said the recession would unleash a ...
Restoring trust in transatlantic data flows through strong safeguards: European Commission presents EU-U.S. Privacy Shield
March 1st, 2016
The European Commission today issued the legal texts that will put in place the EU-U.S. The European Commission today issued the legal texts that will put in place the EU-U.S. Privacy Shield and a Communication summarising the actions taken over the ...
CETA: EU and Canada agree on new approach on investment in trade agreement
March 1st, 2016
This agreement is a clear break from the current ISDS system and shows the commitment to work together to establish a multilateral investment tribunal. The European Commission and the Canadian Government have agreed to include a new approach on ...
Euro area annual inflation down to -0.2%
February 29th, 2016
Euro area annual inflation is expected to be -0.2% in February 2016, down from 0.3% in January, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area ...
How digital is your country? New figures show action needed to unlock Europe’s potential
February 25th, 2016
From connectivity and digital skills to public services, EU countries have made progress since last year which marked the launch of the Digital Single Market Strategy by the European Commission. Today the European Commission published the results of the ...
Fighting tax evasion: The European Union and the Principality of Monaco initial new tax transparency agreement
February 24th, 2016
The EU and Monaco have today initialled a new tax transparency agreement marking another major step forward in the fight against tax evasion. The agreement provides that Monaco and EU Member States will automatically exchange information on the financial accounts of ...
