Search Results for: Member States
Deloitte comments on the EU Commission’s Capital Markets Union (CMU) green paper
February 19th, 2015
David Strachan, Head of Deloitte’s EMEA Centre for Regulatory Strategy, said: “The Commission has taken a pragmatic approach in developing a CMU. We support a period of analysis to identify the barriers to a CMU, rather than jumping in ...
Can there be contagion with the Greek crisis?
February 13th, 2015
One question that has hovered around the global media recently, but has remained I believe unanswered, is what will be the likely outcome of a “Grexit” to the rest of the Eurozone countries as well as the rest of ...
Merkel Says Greek Diplomatic Offensive Is Failing
February 5th, 2015
German Chancellor Angela Merkel indicated that a diplomatic offensive by newly elected Greek Prime Minister Alexis Tsipras to ease his nation’s bailout-aid requirements is failing to win over converts. “I don’t think that the positions of the member states ...
European Central Bank resists latest Greek bailout plan
February 4th, 2015
The European Central Bank is resisting a key element of the Greek government’s new rescue plan, potentially leaving Athens with no source of outside funding when its international bailout expires at the end of the month. Yanis Varoufakis, Greek ...
Council conclusions on Ukraine
January 30th, 2015
Foreign Affairs Council meeting Brussels, 29 January 2015 The Council adopted the following conclusions: “1. The Council strongly condemns the indiscriminate shelling of the residential areas, especially in Mariupol and the recent escalation of fighting in the Donetsk and ...
Eurogroup meeting of 26 January 2015: Remarks by Jeroen Dijsselbloem
January 27th, 2015
Good evening and welcome to this press conference. This was our first Eurogroup of the New Year and already a lot has happened. Of course we discussed the latest news, which was the outcome of last nights Greek elections ...
Russian Ruble Falls After Tensions Flare Over Ukraine
January 26th, 2015
The Russian ruble fell sharply on opening on Monday, following a weekend of violence in eastern Ukraine and threats of further Western sanctions against Russia. At 10:55 the ruble was down 2.4 percent against the dollar at 65.82 and 2.4 percent weaker against the euro at 73.85. President Vladimir Putin blamed “criminal orders” by Ukrainian ...
Commission To Probe All EU Advance Tax Rulings
January 19th, 2015
The European Commission has announced that its ongoing inquiry into advance tax rulings will be expanded to cover all European Union member states. The Commission said on December 17 that it will ask member states to confirm whether they ...
The first stage in the washing cycle – Placement (video)
January 19th, 2015
Placement Placement is the first stage of the money laundering process. It is the process of placing, through deposits or other means, unlawful cash proceeds into traditional financial institutions. At this stage cash derived from criminal activity is infused ...
EU legal advisor supports ECB’s bond purchase plan
January 15th, 2015
EU Advocate General Cruz Villalon on Wednesday gave legal support to the European Central Bank (ECB) plan to purchase government bonds as an attempt to remedy the financial crisis in the Eurozone. The Outright Monetary Transactions program sets economic ...
