Search Results for: Member States
Oil prices static on uncertainty over planned production cut
November 24th, 2016
Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity due to the U.S. Thanksgiving holiday kept traders from making big new bets on markets. International Brent crude oil ...
European Commission proposes new bankruptcy rules
November 24th, 2016
European Commission proposes new approach to business insolvency in Europe: promoting early restructuring to support growth and protect jobs The European Commission is for the first time presenting a set of European rules on business insolvency. Well-functioning insolvency and ...
The evolution of electricity prices within the European Union; The countries with the highest and lowest electricity prices
November 21st, 2016
Eurostat has published stats regarding the evolution of electricity prices both for industrial and household consumers within the European Union (EU), but includes also price data from Norway, Liechtenstein, Iceland, former Yugoslav Republic of Macedonia (FYROM), Albania, Bosnia and Herzegovina, ...
EU VAT Rates Stabilizing, Ending Upward Trend
November 17th, 2016
Just one EU member state has increased its headline VAT rate since 2014, indicating that states are no longer looking to VAT to fund other growth-friendly reforms, as had been seen in previous years. The EU said in its ...
European Council Endorses Exchange Of Beneficial Ownership Data
November 15th, 2016
The European Council has endorsed a proposal to grant tax authorities access to information held by authorities responsible for the prevention of money laundering. Where a financial account holder is an intermediary structure, financial institutions are required by EU ...
EU Agrees Criteria for the establishement of ‘Tax Haven’ Blacklist
November 14th, 2016
Taxation: European Council agrees criteria for the screening of third country jurisdictions On 8 November 2016, the Council agreed on the criteria and the process for the establishment of an EU list of non-cooperative jurisdictions in taxation matters. It ...
Malta To Push EU VAT Reform As EU President
November 9th, 2016
Malta will take forward the EU’s proposals on VAT reform when it assumes the Presidency of the Council of the EU in January 2017, the territory’s Minister of Finance, Edward Scicluna, told a recent conference. Under the EU’s VAT ...
EU court pours cold water on Caffè Nero’s trademark bid
November 3rd, 2016
Caffè Nero has failed to secure an EU trademark for its name – because the public may be deceived into thinking the mark relates only to black coffee. In a judgment handed down last week, the EU’s General Court ...
EU and Canada signed CETA; a trade deal that sets a new standard for global trade
November 1st, 2016
On 30 October, the EU and Canada sign a trade agreement, known as the Comprehensive Economic and Trade Agreement (CETA). This deal will create jobs and growth by boosting trade and strengthening economic relations. CETA’s progressive nature will set ...
GDP in European Union rose by 0.4%
October 31st, 2016
Preliminary flash estimate for the third quarter of 2016 GDP up by 0.3% in the euro area and by 0.4% in the EU28 +1.6% and +1.8% respectively compared with the third quarter of 2015 Seasonally adjusted GDP rose by ...
