Search Results for: Euro
Companies from UK, Cyprus, Germany, Italy and 12 other countries involved in a gigantic millions euro tax scam
October 13th, 2016
Four Maltese companies have been implicated in what the Italian authorities are describing as a ‘gigantic carousel fraud’, the Vicenza Guardia di Finanza reported yesterday. The scam, which was perpetrated through 145 Italian companies and 35 companies outside of ...
Mobile Payments soar as Europe embraces new ways to pay
October 12th, 2016
The number of Europeans regularly using a mobile device for payments has tripled since 2015 (54% vs 18%) 74% of British consumers are ‘Mobile Payments users’ – people who manage their money or make payments using a mobile device ...
ECB reports income increased for Euro area household
October 12th, 2016
Loans to households increased in the second quarter of 2016 at a higher rate of 1.7% (after 1.5% in the first quarter). Household financial investment accelerated as well (2.3% after 2.0%). Household net worth increased at a higher rate ...
Eurogroup approves Greece to get more bailout funds
October 11th, 2016
The Eurogroup welcomes the implementation by the Greek authorities of the set of 15 milestones in the context of the first review of the ESM programme. The Eurogroup commends the Greek authorities for adopting the necessary further measures to ...
European Bitcoin Casino integrates Cubits Payment
October 11th, 2016
Bitcoin gambling is making waves recently as one of the most secure ways of playing online—not only because it offers low stakes, instant deposits and withdrawals, but also because it offers players security and anonymity. However, one issue that bitcoin ...
Guru Investors Avoided Deutsche Bank And These European Financials
October 10th, 2016
Value gurus mostly exited Deutsche Bank (NYSE:DB) before its stock tumbled this month on news it might have to pay a large fine related to the financial crisis. While many maintain positions in other European banks as fear weighs ...
Deloitte to create North West Europe firm
October 5th, 2016
Investment will focus on clients, talent and building capability; Combined firm will generate over €5bn of revenue with 28,000 partners and staff. Deloitte today announces that its Belgian, Danish, Dutch, Finnish, Icelandic, Norwegian and Swedish member firms will combine ...
Dollar hovers near two-month high, euro extends bounce
October 5th, 2016
The dollar hovered near a two-month high against a basket of currencies on Wednesday, lifted by hawkish comments from a Federal Reserve official and higher U.S. Treasury yields. The euro also extended its bounce following a report of potential ...
Theresa May lays out Brexit timetable for leaving the European Union
October 3rd, 2016
The PM says the UK will quit the EU “whether people like it or not” and there will be “no unnecessary delays” in negotiations. Theresa May has said she will trigger the formal process for the UK to leave ...
European Parliament Begins Panama Papers Inquiry
September 29th, 2016
The European Parliament has begun its inquiry into the Panama Papers with a hearing with the investigative journalists behind the leak. The European Parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance, and Tax Evasion (PANA) held its first ...