Search Results for: Euro
Eurozone GDP growth slows as French economy stalls
July 29th, 2016
Eurozone economic growth halved in the second quarter, but the 19-nation single currency area moved further away from deflation. GDP rose by 0.3% between April and June, in line with expectations but below 0.6% growth in the first quarter. ...
ESMA issues overview of European Prospectus activity
July 29th, 2016
The European Securities and Markets Authority (ESMA) has published statistical data on the number of prospectuses approved and passported by the National Competent Authorities (NCAs) of the European Economic Area (EEA) within the EU prospectus regime. The report shows ...
French Workers Pay Highest Taxes In Europe
July 29th, 2016
France has surpassed Belgium as the European country with the highest taxes on the average employee, according to a new study. Taking into account income tax, social security contributions, and value-added tax, the report by the Molinari Economic Institute ...
The potential economic impact of Brexit for London, the UK and Europe
July 28th, 2016
PwC’s real GDP growth projections for the UK revised down Potential loss of passporting a challenge for London Ireland and Cyprus are the most exposed EU countries from a trade perspective UK: Following the vote to leave the EU, ...
FinTech Group and Rocket Internet are working together to create digital banking services in Europe
July 28th, 2016
FinTech Group and Rocket Internet are working together to create digital banking services in Europe Rocket Internet will use liability umbrella and technical infrastructure of FinTech Group’s subsidiaries XCOM AG and Bank biw AG Rocket Internet brings expertise in ...
Visa Europe Partners for Bitcoin Micropayments Trial
July 27th, 2016
Bitcoin micropayments startup SatoshiPay is developing a new proof-of-concept with Visa Europe’s innovation unit. Work on the project was first disclosed earlier this year, when Visa Europe Collab said that it was exploring bitcoin micropayments for connected devices. At the ...
Europe eyes higher open ahead of Fed decision
July 27th, 2016
European stocks are expected to open higher on Wednesday ahead of the latest monetary policy decision from the U.S. Federal Reserve. The London FTSE index is expected to open 14 points higher at 6,738, the German DAX up 62 points at 10,310 and ...
UHY: Major European economies levy among the highest property purchase taxes in the world
July 26th, 2016
European economies levy some of the highest property purchase taxes in the world on prime real estate, charging on average 4%, or USD 38,356, in tax on a property purchase of USD 1 million, reveals a new study by ...
VW reports H1 operating profit of 7.5 billlion euros
July 20th, 2016
Volkswagen reported on Wednesday its operating profit came to 7.5 billion euros ($8.3 billion) in the first half of 2016, beating market expectations and pushing its shares higher. Adjusted for one-off costs of 2.2 billion euros, operating profit came ...
European stocks open higher; ARM rallies 45% after Softbank bid
July 18th, 2016
European stocks traded higher led by a rally in ARM shares after Softbank tabled a $32 billion offer for the U.K. semiconductor giant and as investors digest a number of geopolitical events including the failed coup in Turkey. The ...
