Search Results for: Germany

Germany to cut corporate tax for SMEs

August 30th, 2019 (0)
On August 29, 2019, German Economy Minister Peter Altmaier announced the outlines of a plan to reduce the tax and regulatory burden on small and medium-sized companies in Germany. In presenting the SME Strategy, Altmaier proposed reducing the tax ...

BaFin Germany plans renewed national restriction on CFDs for retail investors

January 7th, 2019 (0)
After preparing for the expiry of the product intervention measure imposed by the European Securities and Markets Authority (ESMA) with regard to binary options, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is now doing the same ...

Euro area unemployment at 8.1% in September 2018; In Czechia, Germany and Poland the lowest rates

November 2nd, 2018 (0)
The euro area (EA19) seasonally-adjusted unemployment rate was 8.1% in September 2018, stable compared with August 2018 and down from 8.9% in September 2017. This remains the lowest rate recorded in the euro area since November 2008. The EU28 ...

Worried about non-EU investor, Germany may see a new law on foreign takeovers

August 13th, 2018 (0)
The German government is mulling over a proposal to change the country’s Foreign Trade and Payments Ordinance. The proposal has been sent to various ministries, and according to the Welt newspaper, a law granting the government more control could ...

Ex-Head of Volkswagen suspected of tax evasion in Germany – Reports

July 31st, 2018 (0)
The prosecutors of the German city of Braunschweig are suspecting former head of Volkswagen AG Martin Winterkorn of tax evasion, local media reported on Sunday. The investigation began in 2017 in Munich, when a staff member at Sparda bank ...

Update: European shares fall; Pan-European STOXX 600 and Germany’s trade-sensitive DAX were down

June 28th, 2018 (0)
Trade tensions and political concerns again weighed on European shares on Thursday as investors positioned for a potentially divisive European Union summit. Having clawed back some ground on Wednesday, the pan-European STOXX 600 and Germany’s trade-sensitive DAX were down ...

Swiss bank UBS probed in Germany over alleged tax fraud

September 29th, 2017 (0)
Prosecutors have started an investigation into clients of Swiss bank UBS in Germany suspected of tax evasion. According to Reuters, about 130 prosecutors and tax investigators from the city of Bochum carried out searches of premises, including UBS’ offices. ...

Germany’s second-largest airline Air Berlin has filed for insolvency

August 16th, 2017 (0)
Germany’s second-largest airline Air Berlin has filed for insolvency after its key shareholder Etihad Airways said it would withdraw financial support for the carrier. Trading in Air Berlin shares was temporarily suspended until 12:05 GMT. Air Berlin and its ...

Brexit, Germany and Asia

June 16th, 2017 (0)
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation, bitterness, and widespread pessimism. The purpose of this article ...

Germany’s Bafin talking with financial firms on move to Frankfurt amid Brexit

May 9th, 2017 (0)
German financial regulator BaFin said that the watchdog was in talks with a number of financial institutions applying for licenses in Germany in light of Great Britain’s decision to leave the European Union. Raimund Roeseler, who oversees banking regulation ...
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