Search Results for: European Union
Antitrust and Other Inquiries in Europe Target U.S. Tech Giants
April 3rd, 2015
It is not a good week to be a giant American tech company in Europe. The European antitrust investigation into Google appears to be heating up. More European countries are looking into Facebook’s privacy settings. And Apple, which already is ...
Iran Moves Closer to Restoring Oil Exports on Nuclear Accord
April 3rd, 2015
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The preliminary agreement outlined Thursday signals the Persian Gulf nation may ...
German Maastricht debt level for 2014 up slightly to €2.17 trillion – debt ratio down markedly to 74.7%
April 2nd, 2015
According to provisional calculations, general government debt in Germany as defined in the Maastricht Treaty amounted to approximately €2.168 trillion at the end of 2014. The debt level thus increased by €2 billion on the year. Owing to nominal GDP growth, the ...
EU Lays Groundwork for Antitrust Charges Against Google
April 2nd, 2015
Regulator seeks permission to publish complaints against Internet giant in long-running probe Europe’s competition regulator is preparing to move against Google Inc. in the next few weeks, a person familiar with the matter said Wednesday, setting the stage for charges against the ...
Deutsche Börse and China Construction Bank agree strategic partnership
March 31st, 2015
Deutsche Börse: Deutsche Börse Group and China Construction Bank (CCB) have entered into a strategic partnership and have signed an agreement. Deutsche Börse Group is a leading global provider of financial market infrastructure services and is based in the European ...
Yanis Varoufakis calls for end to ‘toxic blame game’
March 30th, 2015
Yanis Varoufakis has called for an end to the “toxic blame game” between Greece and Germany. The finance minister made the call as Greece prepares to finalise its list of economic reforms to present to its international creditors. The ...
France cuts 2015 deficit target, eyes economic recovery
March 26th, 2015
France cut its budget deficit target for this year on Thursday and said economic growth could beat the government’s 1 percent forecast, after reporting a smaller-than-expected fiscal gap for 2014. Finance Minister Michel Sapin said France, which has repeatedly missed its ...
BOI: The Monetary Committee keeps the interest rate for April 2015 unchanged at 0.1 percent
March 24th, 2015
Inflation data The Consumer Price Index for February declined by 0.7 percent, while forecasters had projected a decline of 0.6 percent, on average. The decline in electricity prices, which came into effect in February, contributed 0.3 percentage points toward ...
Greece will stay in euro: Barroso (Video)
March 23rd, 2015
Greece will remain in the euro zone as long as Athens is willing to compromise, the former president of the European Commission told CNBC, noting this is what most Greeks desire. “I believe we should be flexible with Greece, ...
Switzerland, EU to tackle tax evasion
March 20th, 2015
Bern and Brussels have clinched a deal to exchange bank account data in an effort to tackle tax fraud. The agreement comes after a recent report exposed the global economic damage caused by offshore accounts. Switzerland and the European ...
