Search Results for: Member States
Dutch Beneficial Ownership Register effective 2020
April 25th, 2019
The Dutch Government has confirmed that a registry of ultimate beneficial owners of companies will enter into force in the Netherlands from January 2020. Legislation to implement the UBO register was submitted to the lower house of parliament on ...
Clothes billions in worth imported in EU in 2018; Form where do they come?
April 25th, 2019
The EU Member States imported clothes worth €166 billion in 2018, just over half of which came from non-EU Member States (51%, or €84 billion). Compared to 2013, import of clothing to the EU Member States increased in value ...
Hourly labour costs rose in the euro area; The two main components of labour costs
March 21st, 2019
Hourly labour costs rose by 2.3% in the euro area (EA19) and by 2.8% in the EU28 in the fourth quarter of 2018, compared with the same quarter of the previous year. In the third quarter of 2018, hourly ...
Industrial production down by 0.9% in euro area
February 13th, 2019
In December 2018 compared with November 2018, seasonally adjusted industrial production fell by 0.9% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November ...
Mastercard fined €570.6m
January 23rd, 2019
The European Commission has fined the card scheme Mastercard €570 566 000 for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in breach of EU antitrust rules. Commissioner ...
International trade in services: EU surplus up to over €190 bn
January 18th, 2019
The European Union (EU) surplus in trade in services, which had fallen between 2013 and 2016, increased to €191.8 bn in 2017. This is the result of EU exports of services to the rest of the world rising by ...
EU is gearing up for Union wide regulation for crypto assets
January 17th, 2019
The European Union posits that ICOs and crypto assets present substantial risks. Hence the European Securities and Markets Authority (ESMA) is looking to establish an EU-wide regulation. The EU has long been preoccupied with crypto and blockchain. However, now ...
Decision making on EU Tax Policy
January 16th, 2019
How is EU law on taxation adopted? The European Commission proposes new EU law or amendments to existing EU tax law. Currently, EU tax law is adopted through a special legislative procedure with the Council of the European Union ...
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 ...
