Search Results for: Sweden
28.7% of EU GDP spent on social protection
December 28th, 2016
Since 2011, social protection expenditure in the European Union (EU) has increased slightly, from 28.3% of GDP in 2011 to 28.7% in 2014, according to data from Eurostat, the statistical office of the European Union. In 2014, the two ...
European online alternative lending market volumes grew 23% between 2015 and 3Q 2016
December 27th, 2016
TWINO, Europe’s fastest growing peer-to-peer (P2P) lending platform, and KPMG today announce the publication of ‘Alternative lending market trends in Continental Europe in 2016’ – a major piece of research on the state of the alternative finance market across ...
Hong Kong to Start 2017 Disruption With Fintech Festival
December 20th, 2016
The first fintech event of 2017 will see 24 startups from across the globe heading to Hong Kong as part of the week long StartmeupHK Festival. 2017 is expected to be another year of disruption with more financial technology ...
BDO reports Global revenues rise to US$7.6 billion
December 15th, 2016
FY16 global revenues up by 8% High number of strategic mergers – over 30 network-wide Commitment to digital transformation delivering leading-edge services to clients Growth spearheaded by BDO firms in US (+12%) and China (+13%) Long-term investment in ...
Germany accused of strangling EU tax transparency
December 13th, 2016
A German-led group of EU states is trying to strangle plans for greater tax transparency, amid the restart of an iconic whistleblower case. Germany was accused of leading the behind-the-scenes attack on a European Commission proposal to raise transparency ...
Western firms invest billions in Russia as economy returns to growth
November 24th, 2016
A number of large Western corporations are increasing investment in Russia, with the country’s economy recovering from its deep decline, according to Bloomberg. Global retailers like Sweden’s IKEA and France’s Leroy Merlin have started pouring billions of dollars into ...
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 ...
Lawyers for Julian Assange may ask Trump to close the criminal investigation
November 16th, 2016
Lawyers for Julian Assange have said they may ask US President-elect Donald Trump to close the criminal investigation into the WikiLeaks co-founder, and hope that Sweden will soon close the probe into allegations of sexual assault. The Obama administration ...
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 ...
Riksbank keeps low repo rate for longer
October 28th, 2016
Low repo rate for longer, Executive Board ready to extend government bond purchases in December The upturn in the Swedish economy is continuing, but the Riksbank assesses that it will take longer before inflation attains the target of 2 ...
