Search Results for: EU
The most common way of transporting traded goods to and from Europe
September 26th, 2019
In 2018, the total value of the EU’s imported and exported goods transported by sea to non-EU countries was EUR 2 006 billion. Sea transport accounted for 47% of goods exported and 55% of goods imported. The second most ...
UPDATE: European stocks fall
September 23rd, 2019
European shares were sharply lower Monday afternoon, as investors reacted to weaker-than-expected economic data and the collapse of one of the world’s most well-known tour operators. The pan-European Stoxx 600 was down around 0.8% during early afternoon deals, with ...
How bread and cereals prices vary across the EU
September 19th, 2019
In 2018, the price of bread and cereals across the European Union (EU) was more than three times as high in the most expensive Member State than in the cheapest one. When price levels in countries are compared with ...
Bank rally leads European stocks higher
September 19th, 2019
A rally in bank stocks for the first time in four sessions lifted European shares on Thursday, after the U.S. Federal Reserve cut interest rates but set a higher bar for further reductions. European banks rose 1.4%, the most ...
iSignthis announced European patent for PSD2 strong customer authentication & KYC
September 16th, 2019
European Patent Office (EPO) has issued notice of intention to grant patent across more than 38 countries Payment Service Directive 2 (PSD2) Strong Customer Authentication (SCA) compliance day was 14th September 2019 Patent includes methods for SCA and Know ...
VAT Gap: EU countries lost €137 billion in VAT revenues in 2017
September 12th, 2019
EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017 according to a study released by the European Commission today. The so-called ‘VAT Gap’ – or the overall difference between the expected VAT revenue and the amount ...
European Central Bank released monetary policy decisions
September 12th, 2019
The European Central Bank (ECB) has issued today a press release to inform that at today’s meeting the Governing Council of the ECB took the following monetary policy decisions: The interest rate on the deposit facility will be decreased ...
European stocks jump as ECB launches new stimulus plan
September 12th, 2019
European stocks rallied after the European Central Bank (ECB) announced a massive new bond-buying program Thursday in a bid to stimulate the ailing euro zone economy. The central bank’s quantitative easing program will entail 20 billion euros per month ...
Brexit latest: EU nationals to be granted right to stay in UK for three years in case of no-deal Brexit
September 6th, 2019
Britain’s government has abandoned plans to end freedom of movement for European Union citizens immediately after a possible no-deal Brexit and will instead return to an earlier policy of giving them three years’ temporary leave to remain. The fate ...
U.S. stocks advanced; Shares in Hong Kong leaped the most since 2018; Euro to Dollar gained
September 4th, 2019
U.S. stocks advanced as a broad easing of risks across the globe gave investors a reprieve. Treasuries and the dollar declined. The S&P 500 rebounded from Tuesday’s losses along with European and Asian shares as political tensions appeared to ...