European Union


European Union and Norway agree on free trade of agricultural products

The European Union and Norway came to an agreement which will facilitate bilateral trade in agricultural products, allowing EU exporters to reinforce their position on their 8th largest export ... Read More

Facebook will start paying 18 percent VAT in Russia

Social media giant Facebook has joined the list of IT firms registered with Russia’s Federal Tax Service as a foreign company selling electronic content in Russia. Beginning April 25, ... Read More
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ESMA reports on EU Accounting enforcement in 2016

The European Securities and Markets Authority (ESMA) has published its annual report on the enforcement and regulatory activities of accounting enforcers within the European Union (EU) in 2016. ESMA, ... Read More

Russia’s Gazprom May Move Operations From London Over Post-Brexit Trade Concerns

According to media reports, Russia’s energy giant Gazprom may leave the United Kingdom in light of potential trading difficulties associated with the country’s departure from the European Union. Russia’s ... Read More

All you need to know about Article 50 and the Brexit process

The formal two-year process governing Britain’s departure from the European Union (EU) begins when Article 50 of the Treaty of Lisbon, which became law in 2009, is triggered on ... Read More

Sterling drops as May signs Brexit trigger for process to begin

U.K.-EU ties will start to unravel around 1:30pm in Brussels May signals ’fierce determination’ to get good Brexit deal Sterling fell in early Asian trading as investors brace for ... Read More

The different industrial sectors in EU; In which sectors volume increased and decreased

Between 2010 and 2016, the volume of industrial production increased by 5.6% in the European Union (EU). However, significant growth differences across different sectors exist (see graph below). Highest ... Read More
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ESMA reports about Central Securities Depositary Regulation

The European Securities and Markets Authority (ESMA) has issued final reports on two sets of guidelines regarding the implementation of the Central Securities Depositary Regulation (CSDR).  The CSDR harmonises ... Read More

ASIC accepts enforceable undertaking from Barclays entities

Yesterday, ASIC accepted an enforceable undertaking (EU) from three Barclays foreign financial service providers (FFSPs): Barclays Capital Inc. (BCI) domiciled in the United States of America Barclays Capital Asia Limited ... Read More
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Dollar slips, euro edges up

The dollar was on the defensive in Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the perception that the U.S. central bank won’t accelerate the ... Read More
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