Search Results for: Member States
EU countries warn of Volkswagen scandal fallout
October 21st, 2015
Several EU member states including major automaker France will urge Europe’s pollution regulator to thoroughly assess the consequences of the Volkswagen emission scandal, according to a document seen by AFP Monday. “The environmental dimension needs to be clearly assessed ...
London Wants to Become the Center of Chinese Currency Trading
October 20th, 2015
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had “seriously damaged” relations by meeting with the Dalai Lama, the ...
End of energy isolation in the Baltics: How Gas interconnection works
October 19th, 2015
End of energy isolation in the Baltics: how the Gas Interconnector Poland-Lithuania (GIPL) works How does the Gas Interconnector Poland-Lithuania (GIPL) work? What changes The Governments of Poland, Lithuania, Latvia and Estonia, the European Commission, have reached an agreement ...
The world’s biggest Trade Agreement (TPP) is concluded, which is the next trade deal you need to know
October 15th, 2015
RCEP: The next trade deal you need to know about The conclusion of the Trans-Pacific Partnership (TPP) trade agreement last week could speed up talks on its lesser-known Asia-wide equivalent, trade analysts say. Negotiators working on the Regional Comprehensive ...
Tax transparency: Commission welcomes agreement on the automatic exchange of information on tax rulings
October 7th, 2015
EU Commission welcomes agreement reached by Member States on the automatic exchange of information on tax rulings The EU Commission has welcomed today’s unanimous agreement by Member States on the automatic exchange of information on cross-border tax rulings, just ...
Euro area annual inflation down to -0.1%
September 30th, 2015
Euro area annual inflation is expected to be -0.1% in September 2015, down from 0.1% in August 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro ...
Investment Plan for Europe goes global: China announces its contribution to #investEU
September 29th, 2015
At the High Level Economic and Trade Dialogue in Beijing today, China announced its intention to contribute to the Investment Plan, as well as closer cooperation with the EU on investment issues in general. Today during the High Level ...
Modernising VAT for cross-border e-commerce: Commission launches public consultation
September 29th, 2015
The European Commission has launched a public consultation to help identify ways to simplify the Value-Added Tax (VAT) payments on cross-border e-commerce transactions in the EU. The Commission is seeking to receive a wide range of views from business owners and ...
Czech Republic Says EU Action Needed On VAT Gap
September 24th, 2015
The Czech Finance Minister and First Deputy Prime Minister, Andrej Babis, has urged the European Commission to consider VAT reform in response to poor collection rates. A report recently published by the Commission showed that EU countries lost EUR168bn ...
Greek Banks Said to Face Recapitalization at Top of Range
September 24th, 2015
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks Greek banks are being told by auditors some of their assets are overvalued, meaning they may have to raise close ...