Search Results for: Malta
VAT Gap: EU countries lost €137 billion in VAT revenues in 2017
September 12th, 2019
EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017 according to a study released by the European Commission today. The so-called ‘VAT Gap’ – or the overall difference between the expected VAT revenue and the amount ...
Beware of unauthorised companies offering investment and financial services
June 19th, 2019
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Hong Kong (Securities and Futures Commission – SFC), Spain (Comisión Nacional del Mercado de Valores – CNMV), Austria (Financial Market Autority – FMA), Malta (Malta Financial Services ...
The EU countries that granted the most residence permits for non-EU citizens
May 29th, 2019
At the end of 2017, there were 20.3 million valid residence permits granted to non-EU citizens permitting them to reside in one of the European Union (EU) Member States. Germany (23%), Italy (18%), France (14%), Spain (13%) and the ...
EU Presidential debate hears call for minimum 18% corporation tax rate across the EU
May 20th, 2019
A debate among the lead candidates for the presidency of the European Commission has heard a call for a minimum 18% corporation tax rate across the EU. The call from the European Regulation Commissioner Frans Timmermans for the 18% ...
Hourly labour costs rose in the euro area; The two main components of labour costs
March 21st, 2019
Hourly labour costs rose by 2.3% in the euro area (EA19) and by 2.8% in the EU28 in the fourth quarter of 2018, compared with the same quarter of the previous year. In the third quarter of 2018, hourly ...
Industrial production down by 0.9% in euro area
February 13th, 2019
In December 2018 compared with November 2018, seasonally adjusted industrial production fell by 0.9% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November ...
International trade in services: EU surplus up to over €190 bn
January 18th, 2019
The European Union (EU) surplus in trade in services, which had fallen between 2013 and 2016, increased to €191.8 bn in 2017. This is the result of EU exports of services to the rest of the world rising by ...
Business investment rate up to 23.3% in the euro area
January 14th, 2019
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...
Top Cryptocurrency stories in 2018
December 27th, 2018
Following an intense 2017 with cryptocurrency market spikes, year 2018 is the year with great majority of digital assets plunged well over 80 percent in value since their all-time highs. Year 2018 is also filled with many headlines about the ...
Seven EU Countries established the “Mediterranean seven” group to promote blockchain
December 12th, 2018
Countries around the world are starting to recognize the value that blockchain technology brings to the table regarding not only its potential to improve governance and the delivery of public services but also to tackle key problems and inefficiencies ...
