Search Results for: Luxembourg
Business investment rate up to 23.2% in the euro area
October 6th, 2017
In the second quarter of 2017, the business investment rate was 23.2% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the euro area was 40.8% in the second quarter of 2017, ...
Beware of unauthorised financial services entities
October 5th, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), France (Authorité des Marchés Financiers – AMF), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Hong Kong (Securities and Futures Commission – SFC), Luxembourg (Commission de Surveillance ...
EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action
October 4th, 2017
The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, highlighting the need for further reforms to tackle avoidance, error, ...
Deutsche Börse combines selected Eurex products in low-cost data package for private investors
September 18th, 2017
Effective immediately, Deutsche Börse Market Data + Services is offering the new information product “Eurex Retail Europe” which contains selected Eurex products to private investors free of charge. Following the free trial phase, the data will be offered for ...
Production in construction down by 0.5% in euro area
August 22nd, 2017
In June 2017 compared with May 2017, seasonally adjusted production in the construction sector decreased by 0.5% in the euro area (EA19) and by 0.2% in the EU28, according to first estimates from Eurostat, the statistical office of the ...
1 in 3 Europeans cannot afford a one-week annual holiday
August 2nd, 2017
For many people in the European Union (EU), summer means holidays and travel. However, around a third (32.9%) of the EU population cannot afford a one-week annual holiday away from home. Slightly more households with dependent children (34.6%) than ...
House prices up by 4.0% in the euro area
July 28th, 2017
First quarter of 2017 compared with first quarter of 2016 House prices up by 4.0% in the euro area Up by 4.5% in the EU House prices, as measured by the House Price Index, rose by 4.0% in the ...
Clearstream to apply for new license under CSD regulation
July 17th, 2017
CSDR to further harmonise European settlement sector and strengthen asset safety CSD applications due end September 2017 Asset safety a key concern for Clearstream Clearstream, the wholly owned subsidiary of Deutsche Börse, has issued today an announcement to inform ...
Financial Penalties Imposed on Credit Suisse and UOB for 1MDB-Related Transactions
May 30th, 2017
The Monetary Authority of Singapore (MAS) announced today that it has completed its two-year review of banks involved in 1MDB-related transactions known to-date. In its latest regulatory actions, MAS has imposed financial penalties on Credit Suisse and United Overseas ...
European Union to launch legal case against Italy over Fiat
May 18th, 2017
The European Union will launch legal action against Italy on Wednesday (17 May) for failing to police allegations of emissions-test cheating by Fiat Chrysler properly following the Volkswagen dieselgate scandal, EU sources said. EU officials have become increasingly frustrated ...