Search Results for: European Union
Czech Prime Minister will propose a special tax on banks
February 18th, 2017
The Czech Republic’s ruling centre-left Social Democratic Party will propose a special tax on banks to help fund schools and infrastructure and keep profits from leaving the country as part of its manifesto for elections in October. The plan ...
Greece says ‘not a euro more’ from its austerity-impoverished population
February 17th, 2017
European Union officials are urging Greece and its creditors to strike a financial aid deal for the country quickly to safeguard economic recovery. However, Athens has refused a demand from its creditors for more austerity measures. The Greek government ...
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 ...
Huge gas finds in Mediterranean Sea waiting to be tapped
February 16th, 2017
Huge gas finds in Mediterranean Sea waiting to be tapped As the helicopter roars its way west from the Tel Aviv coast, two dots emerge from the featureless blue. Closer up, they begin to take shape: Giant platforms for ...
All EU Member States’ economies set to grow in 2016, 2017 and 2018, EC forecast
February 15th, 2017
For the first time in almost a decade, the economies of all EU Member States are expected to grow for three consecutive years (2016-2018) according to the European Commission’s Winter Forecast published today. The UK economy is forecast to ...
Swiss voters rejected corporate tax reforms
February 14th, 2017
The European Commission is disappointed that Swiss voters rejected plans to overhaul corporate taxes and will consult with European Union governments on how to proceed, the EU tax commissioner Pierre Moscovici said on Monday. Voters on Sunday blocked the ...
Volume of retail trade down by 0.3% in euro area
February 8th, 2017
eurostat has issued a press release to inform in relation with the volume of retail trade in euro area and in EU28 for December 2016. In December 2016 compared with November 2016, the seasonally adjusted volume of retail trade ...
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 ...
ESMA publishes 2017 Suprvision plan for CRAs, Trade Repositories and 3rd Country CCPs
February 6th, 2017
The European Securities and Markets Authority (ESMA) has today published its Annual Report and Supervision Work Programmes (Report) setting out its main areas of supervisory focus for credit rating agencies (CRAs), trade repositories (TRs), and third country central counterparties ...
Snap has officially made public its filings for an IPO
February 4th, 2017
Snap, owner of messaging platform Snapchat, has finally made public its filing for an initial public offering (IPO). The company made many of its financial details public for the first time tonight as it prepares for a $3bn (£2.4bn) ...