Search Results for: Austria
VAT exemption thresholds in Europe
April 7th, 2020
Countries around the world have been introducing various fiscal measures to counteract the economic distress caused by COVID-19. One measure—among many others—has been to make changes to Value-Added Taxes (VAT), such as delaying payments, speeding up refunds, or reducing ...
Hourly labour costs ranged from €6.0 to €44.7 across the EU Member States in 2019
March 31st, 2020
In 2019, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €27.7 in the European Union of 27 Member States (EU) and €31.4 in the euro area. However, the average masks ...
The SIM hijackers: How criminals are stealing millions by hijacking phone numbers
March 16th, 2020
It is a common story: the signal bars disappears from their mobile phones, they call the phone number – it rings, but it’s not their phone ringing. They try to login to their bank account, but the password fails. ...
Tax revenues have reached a plateau
December 30th, 2019
Tax revenues in advanced economies reached a plateau during 2018, with almost no change seen since 2017, according to new OECD research. This ends the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis. The ...
Facebook’s transfer of EU citizen data to US legal, says EU court adviser
December 20th, 2019
Tools used by hundreds of thousands of companies to transfer EU citizens’ data abroad are legal, an adviser to Europe’s top court has ruled, marking a major win for Facebook in a long-running court case. Austrian privacy campaigner and ...
Plan for an EU financial transaction tax of 0.2 pct
December 12th, 2019
The plans drawn up by German Finance Minister Olaf Scholz for a new financial transaction tax in 10 European Union states, provide for a tax of 0.2 percent of the transaction value of purchases of shares in large companies. ...
Resolving creeping communism
November 15th, 2019
The thirtieth anniversary of the fall of the Iron Curtain coincides with a popular resurgence of communism and a drift into more socialism. A collective amnesia sees a return of the Soviet Union’s failed policies in a Marxist ...
Plans for a global Dystopia
November 14th, 2019
Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable ...
Money and the theory of exchange
October 23rd, 2019
Evidence mounts that the global credit cycle has turned towards its perennial crisis stage. This time, the gathering forces appear to be on a scale greater than any in living memory and therefore the inflation of all major ...
Euro area government deficit at 0.5% and EU28 at 0.7% of GDP
October 21st, 2019
In 2018, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2017. In the euro area the government deficit to GDP ratio fell from 0.9% in 2017 to ...
