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European stocks edge lower

February 21st, 2019 (0)
European stocks were slightly lower Thursday morning, after a flurry of poorly received corporate earnings reports. The pan-European Stoxx 600 edged down around 0.2 percent during mid-morning deals, with most sectors and major bourses in negative territory. Europe’s banking ...

Industrial production down by 0.9% in euro area

February 13th, 2019 (0)
In December 2018 compared with November 2018, seasonally adjusted industrial production fell by 0.9% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November ...

Contingent liabilities and non-performing loans in the EU Member States

January 31st, 2019 (0)
Data on contingent liabilities and non-performing loans of EU governments for the year 2017 have been published by Eurostat, the statistical office of the European Union. This publication includes data on government guarantees, liabilities related to public-private partnerships recorded off-balance ...

International trade in services: EU surplus up to over €190 bn

January 18th, 2019 (0)
The European Union (EU) surplus in trade in services, which had fallen between 2013 and 2016, increased to €191.8 bn in 2017. This is the result of EU exports of services to the rest of the world rising by ...

This country draws Japanese Bitcoin miners seeking profit

January 16th, 2019 (0)
A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in ...

What to watch in European stocks on Monday 14th of January

January 14th, 2019 (0)
Ahead of the stock markets open in Europe, investors and traders are watching main events that includes the below: Last-Ditch May The meaningful vote on U.K. Prime Minister Theresa May’s Brexit deal is coming on Tuesday and the last-ditch attempts ...

Alert! Beware of companies offering financial services without the required license

December 14th, 2018 (0)
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), China (Financial Supervisory Commission Chinese Taipei – FSC), Holland (Netherlands Authority for the Financial Markets – AFM), Sweden (Finansinspektionen), ...

Tax revenues in advanced economies have continued to increase; OECD research

December 11th, 2018 (0)
Tax revenues in advanced economies have continued to increase, with taxes on companies and personal consumption representing an increasing share of total tax revenues, according to new OECD research. The 2018 edition of the OECD’s annual Revenue Statistics publication ...

EU needs single anti-money laundering authority, says thinktank

November 5th, 2018 (0)
The European Union should set up a single anti-money laundering (AML) authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based thinktank Bruegal has said in a new report. The thinktank ...

First residence permits issued in the EU Member States remain above 3 million in 2017

October 26th, 2018 (0)
In 2017, about 3.1 million first residence permits were issued in the European Union (EU) to non-EU citizens. The number increased almost by 4% (or 112 000) compared with 2016. Employment reasons accounted for almost one-third (32%) of all ...
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