Search Results for: European Parliament
This is the biggest risk for Europe as Credit Suisse said
March 13th, 2017
France’s Marine Le Pen is the biggest risk to European stability, Credit Suisse said in a guide launched Thursday to help investors navigate the upcoming “defining” months facing the continent. Analysing possible outcomes in the Dutch, French and German ...
Asia stocks firm ahead of U.S. jobs, dollar hits one-and-half-month high vs yen
March 10th, 2017
Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday, ahead of the closely-watched U.S. non-farm payrolls report due later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
EU Council to close down hybrid mismatches between EU an non-EU countries tax systems
February 23rd, 2017
On 21 February 2017, the Council agreed its position on rules aimed at closing down ‘hybrid mismatches’ with the tax systems of third countries. The draft directive is the latest of a number of measures designed to prevent tax avoidance by large companies. ...
How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track
February 23rd, 2017
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then ...
MPS: Accountants will be in demand during Brexit process
February 17th, 2017
Members of Parliament believe accountants will be increasingly in demand during the Brexit process, according to a new study commissioned by AAT (Association of Accounting Technicians) and the Association of Chartered Certified Accountants (ACCA). The study has revealed that ...
Italy found a solution for its troubled banks
February 16th, 2017
Italy’s parliament approved a law to plow as much as 20 billion euros ($21 billion) into Banca Monte dei Paschi di Siena SpA and other troubled banks as part of the nation’s efforts to revamp its banking industry. The lower ...
EU mulls reduction in threshold for country-by-country reporting
February 16th, 2017
EU plans for country-by-country reporting could target a much broader base of multinationals if proposals from the European parliament’s Committee on Economic and Monetary Affairs to slash the current threshold are adopted The proposals to amend the Directive would ...
Sweden’s competition watchdog opposes a proposed tax on financial services companies
February 6th, 2017
Sweden’s competition watchdog has come out against a proposed tax on financial services companies, saying it would hit their ability to compete internationally and skew the domestic market. The opinion, published on the watchdog’s website, was sent to the ...