Search Results for: Luxembourg
Business investment rate up to 23.3% in the euro area
January 14th, 2019
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...
The Tragedy Of The Euro
January 11th, 2019
After two decades, the euro’s minders look set to drive the Eurozone into deep trouble. December was the last month of the ECB’s monthly purchases of government debt. A softening global economy will increase government deficits unexpectedly. The ...
The Arrival Of The Credit Crisis
January 2nd, 2019
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...
Tax revenues in advanced economies have continued to increase; OECD research
December 11th, 2018
Tax revenues in advanced economies have continued to increase, with taxes on companies and personal consumption representing an increasing share of total tax revenues, according to new OECD research. The 2018 edition of the OECD’s annual Revenue Statistics publication ...
How much are households in Europe spending on food?
December 7th, 2018
Eurostat, the statistical office of the European Union, published stats showing how much people of the European countries are spending on food. In 2017, households in the European Union (EU) spent 12.2 % of their total consumption expenditure on ...
Households in Europe spent over €1.1 trillion on transport
December 4th, 2018
In 2017, households in the European Union (EU) spent 13.0% of their total consumption expenditure on transport. This represents a total expenditure of over €1.1 trillion, equivalent to 7.1% of EU GDP or €2 100 per EU inhabitant. Transport ...
The Netherlands to tighten tax rules for foreign firms
November 28th, 2018
The Netherlands said it will tighten rules on tax breaks for foreign firms after facing criticism from the EU for offering complicated schemes for multinationals. Dutch authorities said they were cracking down on “letter box firms” with a Dutch ...
Individuals fined and banned from performing any role in regulated financial services
November 7th, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued a press release to inform that The Upper Tribunal has upheld the Financial Conduct Authority’s (FCA) decision to fine ...
First residence permits issued in the EU Member States remain above 3 million in 2017
October 26th, 2018
In 2017, about 3.1 million first residence permits were issued in the European Union (EU) to non-EU citizens. The number increased almost by 4% (or 112 000) compared with 2016. Employment reasons accounted for almost one-third (32%) of all ...
Annual inflation up to 2.1% in the euro area
October 22nd, 2018
The Euro area annual inflation rate was 2.1% in September 2018, up from 2.0% in August. A year earlier, the rate was 1.5%. European Union annual inflation was 2.2% in September 2018, stable compared to August. A year earlier, the ...
