Search Results for: Member States
Greece Given Until Sunday to Settle Debt Crisis or Face Disaster
July 8th, 2015
Frustrated European leaders gave Greece until Sunday to reach an agreement to save its collapsing economy from catastrophe after an emergency summit meeting here on Tuesday ended without the Athens government offering a substantive new proposal to resolve its debt ...
Greece debt crisis: Greek voters reject bailout offer
July 6th, 2015
Greek voters have decisively rejected the terms of an international bailout. The final result in the referendum, published by the interior ministry, was 61.3% “No”, against 38.7% who voted “Yes”. Greece‘s governing Syriza party had campaigned for a “No”, ...
Global Index Ranks Countries Best Equipped to Thrive in the Face of Unprecedented Change
June 25th, 2015
2015 KPMG Change Readiness Index highlights the impact of inclusive growth and income inequality on the capacity for responding to change. KPMG International today released its 2015 Change Readiness Index (CRI), ranking 127 countries for their capacity to prepare ...
How EU data protection law could interfere with targeted ads
June 24th, 2015
The successor to the 20-year-old European data protection directive has inched closer to becoming law, having been approved by the Council of Ministers, which represents each of the 28 EU member states. This has led to howls of anguish from some ...
EU Aims For Tax Ruling Transparency This Year
June 23rd, 2015
“It seems to be realistic to finalize the file on the automatic exchange of information on tax rulings within this year,” Valdis Dombrovskis, Vice President of the European Commission, has said. Dombrovskis made the comment during a press conference ...
One in 20 registered audit firms quit the market in last year
June 23rd, 2015
Almost one in 20 firms registered to audit company accounts in the UK have quit the line of work in the past year, the FRC‘s annual assessment of the profession has found. According to statistics from the reporting watchdog, the ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
Lawyers facing up to Grexit
June 22nd, 2015
If Greece goes bust, what will happen to client money? “As the spectacle of potential Greek bankruptcy unrolls before our eyes, we should put ourselves in the shoes of our Greek lawyer colleagues.” The main impact of the crisis ...
UK to reject EU plans to combat multinational tax avoidance
June 19th, 2015
David Gauke, financial secretary to the Treasury, insists on tax competition as opposed to Union’s plan to introduce common tax rules Britain will reject plans announced in Brussels this week to combat industrial-scale tax avoidance by the world’s biggest ...
Making Corporate Taxation fairer and more transparent
June 18th, 2015
In a further move to make tax systems fairer, more efficient, growth-friendly and transparent, the Commission presented an Action Plan to fundamentally reform corporate taxation in the EU and published a “Top 30” list of tax havens across the ...
