Search Results for: tax
Greece to get 6 billion euros in bridge loans if no agreement at Eurogroup
August 14th, 2015
Greece could get 6.04 billion euros in bridge financing if euro zone finance ministers cannot agree on the planned third bailout for Athens when they meet on Friday, according to German newspaper Bild, citing a European Commission proposal for ...
KPMG facing probe as Quindell restates accounts
August 10th, 2015
KPMG is facing an investigation by the accounting watchdog over its work auditing the accounts of troubled AIM-listed insurer Quindell. The Financial Reporting Council inquiry was confirmed hours after Quindell revealed it had plunged to a £68m loss last year ...
Suez Canal Upgrade May Not Ease Egypt’s Economic Journey
August 7th, 2015
“Egypt Rejoices,” the television networks and newspapers declared, announcing “Egypt’s gift to the world.” Businesses were closed, the streets of Cairo were empty, and the airwaves were full of patriotic songs and music videos — all featuring adoring images of ...
Australia pushes to recognize bitcoin as regular currency
August 5th, 2015
The Australian government on Tuesday suggested treating bitcoin and other digital currencies on a par with standard money in the country. The move comes in contrast to an earlier position towards digital currencies as “intangible assets.” “The committee is ...
Here Comes The Next Trillion-Dollar Bailout
August 4th, 2015
As boxers like to say, it’s the punch you don’t see that knocks you out. In a world where a growing part of the financial system is hidden from view and excluded from official statistics, those are words to ...
Global Banks report their results
August 4th, 2015
Commerzbank, Deutsche Bank, BNP Paribas, UBS AG, Mitsubishi UFJ Financial Group, Inc. and HSBC issued reports to inform public regarding interim results HSBC Holdings plc HSBC Holdings plc 2015 Interim Results – highlights Financial performance Reported profit before tax ...
Greece expects bailout deal with lenders in two weeks
August 4th, 2015
Greece expects to conclude a multi-billion-euro deal with international lenders within two weeks, with the drafting of an accord set to start on Wednesday. A bailout worth up to 86 billion euros ($94.5 billion), needs to be settled by ...
Can Turkey compete with France for Iranian market?
August 3rd, 2015
The anticipated removal of sanctions on Iran opens up wide political and economic opportunities for that country’s authorities. A number of European countries are already expressing great interest in Iran’s economy. One of them is France. The visit of ...
KPMG forms alliance with alternative finance provider
August 3rd, 2015
Professional services firm KPMG has formed an alliance with an alternative finance provider to help more small businesses access the finance and advice they need to accelerate their growth. The partnership between the Big Four firm and MarketInvoice will ...
Bailout Money Goes to Greece, Only to Flow Out Again
August 3rd, 2015
The Greek businessman was nervous as he carried a suitcase stuffed with cash through security at the Athens airport a few months ago. But the distracted and overworked officials waved him through. A few hours later the man touched ...
