Search Results for: EU commission
Germany, Netherlands To Exchange Data On Tax Rulings
July 20th, 2015
Germany and the Netherlands have signed a new agreement that provides for the “spontaneous” exchange of information on advance pricing agreements and advance tax rulings. The agreement was signed in Brussels on July 14, 2015. Under the new agreement, ...
ATHEX risks turning into a ghost market
July 20th, 2015
The ghost of a marginalized Greek stock market, as it was before the country’s access to the eurozone, is now haunting Athinon Avenue, threatening to turn into a bunch of idle stocks, trapped shareholders and loss-making investors. It has ...
Was Greece Always Part Of The Plan?
July 20th, 2015
Since its inception, critics of the eurozone have been pointing to its incomplete nature — everyone uses the same money but keeps their own national budgets and tax regimes — and speculating that this “fatal flaw” would doom the ...
Gold tumbles to more than five-year low, China shares fall
July 20th, 2015
Gold tumbled to a more than five-year low Monday, and China shares drifted lower after authorities’ weekend move to tighten the use of informal lending channels by stock investors. Gold GCQ5, -2.31% fell 2.3% from its opening price Monday ...
Banks face new legal action over forex manipulation
July 15th, 2015
After fines totalling many billions of pounds from UK and US regulators, a new threat is about to hit the major banks found guilty of manipulating the foreign exchange market. US lawyers are preparing multi-million-pound legal action – to ...
ISDA Publishes EMIR Classification Letter
July 15th, 2015
The International Swaps and Derivatives Association, Inc. (ISDA) has published a new classification letter that will enable counterparties to notify each other of their status for clearing and other regulatory requirements under the European Market Infrastructure Regulation (EMIR). Financial ...
US stocks seen higher on Greek agreement
July 13th, 2015
U.S. stock markets were tipped to open higher on Monday following news that Greece and its international creditors have reached a bailout agreement. European Council President Donald Tusk said early on Monday that euro zone leaders reached an unanimous ...
Tax: MEPs advocate country-by-country reporting to help developing countries
July 9th, 2015
The EU and its member states should make multinationals report their financial performance, tax details, assets and employee numbers country by country, so as to help fight tax evasion and illicit money flows in developing countries, says Parliament in ...
Greece: Creditors await Greek proposals after loan request
July 9th, 2015
Greek Prime Minister Alexis Tsipras faces one of his most difficult days in power on Thursday as he must finalize proposals for tough economic reforms and submit them to the country’s creditors by the end of the day to ...
China stocks rise after Beijing slaps curbs on selling
July 9th, 2015
Chinese stocks rallied on Thursday after the securities regulator banned shareholders with large stakes in listed firms from selling, in Beijing’s most drastic step yet to stem a sell-off that has roiled global financial markets. As the daily drumbeat ...
