Draft legislation to oblige sharing of corporation tax deals, as Germany, France and Italy pressure Juncker over Luxembourg The European commission has pledged to fast-track new legislation to establish ... Read More
The European Commission will tell France, Italy and Belgium on Friday their 2015 budgets risk breaking EU rules, but it will defer decisions on any action until early March. ... Read More
The EU will give France and Italy until next spring to implement tough reforms, delaying a verdict on national overspending originally set for this week, a European source told ... Read More
The European Commission has not yet formed an opinion on two contested tax rulings provided by the Luxembourg Government to multinational companies, and it has yet to formally respond ... Read More
Stocks closed mixed Tuesday as markets struggled from a one-two punch of falling oil prices and renewed fears of a global slowdown. A wait-and-see posture regarding Tuesday’s elections may ... Read More
The agreement, under European Union auspices, ends a standoff over payments for gas Ukraine had already consumed, and terms for future deliveries. Russian and Ukrainian officials reached an agreement ... Read More
The European Commission has published its latest VAT Gap study, which shows that an estimated EUR177bn (USD223.9bn) in value-added tax (VAT) revenues was lost due to non-collection or non-compliance ... Read More
France’s banks will foot the biggest bill for Europe’s banking union, paying up to €2bn more than Germany’s lenders towards a new €55bn bank rescue fund, according to a ... Read More
José Manuel Barroso, the departing president of the European Commission, said Britain’s confrontational stance with European Union states is hurting its chances of winning the policy changes it wants. ... Read More
The European Commission has published a new report detailing key tax reforms implemented by European Union member states during 2014 and identifies the main policy challenges they are said ... Read More
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