Search Results for: EU
EU Approves Directive On CbC reporting of tax information
June 1st, 2016
On May 26, 2016, the Council of the European Union approved a Directive on the country-by-country (CbC) reporting of tax information by multinational corporations and automatic exchange of that information between EU tax authorities, which member states would be ...
Brexit poll: 57% of lawyers want Britain to REMAIN in the EU
June 1st, 2016
The biggest stay vote came from lawyers in Scotland With the EU referendum less than a month away, a new Brexit poll has suggested that more than half of lawyers want Britain to remain part of the European Union. ...
EU, Japan Issue Joint Statement On Free Trade Agreement
May 31st, 2016
The leaders of Japan, the European Union (EU), France, Germany, Italy, and the UK have reaffirmed their commitment to reach an agreement in principle on an EU-Japan free trade agreement (FTA) “as early as possible in 2016.” The commitment ...
European car manufacturers face fines of up to €2 billion
May 30th, 2016
Several European car manufacturers have hefty fines hanging over their heads if they are unable to meet the new emission standards set by the European Union. Those with a cloud around their performance include Jaguar Land Rover, BMW, Volkswagen, ...
Portugal is Europe’s next looming economic disaster
May 30th, 2016
Earlier this week, Spanish newspaper El Pais reported that Portugal’s largest bank, Caixa Geral de Depósitos (CGD), an institution that holds nearly one-third of all deposits in the country, is on the brink of destruction following a horrendous first ...
Lessons for the Euro from Early American History
May 30th, 2016
The euro is still a very young currency. When watching the struggles of the European Union over the the euro, it’s worth remembering that it too the US dollar a long time to become a functional currency. Jeffry Frieden ...
European Stocks Near One-Month High, Set for Third Weekly Gains
May 27th, 2016
European stocks hovered near a one-month high, set for a third weekly advance, on growing optimism that the global economy can withstand higher U.S. borrowing costs. The Stoxx Europe 600 Index slipped 0.2 percent at 9:59 a.m. in London, taking ...
Europe vs. Facebook: Austrian activist wins another legal battle over data protection
May 27th, 2016
An Austrian privacy activist has won his next legal battle against so-called “model contract clauses,” used by thousands of multinational companies, including Facebook and Amazon, to legally transfer Europeans’ personal data to the US. Max Schrems, the 28-year-old data ...
Europe lower as markets eye Yellen; Philips Lighting rises at IPO
May 27th, 2016
European stocks were on lower Friday morning as investors looked ahead to comments from U.S. Federal Reserve Chair Janet Yellen. IPO for Philips spin-off The pan-European Stoxx 600 index opened 0.2 percent lower on Friday. Basic resources and health care were ...
EU Parliament Approves Proposal for Digital Currency Task Force
May 27th, 2016
The European Parliament, the legislative branch of the European Union, has approved a proposal for a task force dedicated to digital currencies and blockchain technology. A report drafted by European Parliament member (MEP) Jakob von Weizsäcker first began circulating in late ...
