Auditing

Climate change 13-02-2017

EU auditors join fight against deadly air pollution

The European Court of Auditors (ECA) will investigate the fight against air pollution, which kills half a million European citizens every year, the court announced on Friday (10 February).

Euro & Finance 11-01-2017

Greek broadcasters want exemption from wealth declaration

TV channel owners opened a new row with the Syriza-led government when they asked the country's administrative court to exempt its top executives from filing a wealth statement, citing privacy concerns.

Euro & Finance 04-01-2017

Spain’s banks recover but toxic assets remain

Hit by a severe crisis several years ago, Spain's banking sector has recovered, but at a cost, as thousands are laid off and it struggles to get rid of toxic assets.

Euro & Finance 03-01-2017

Sale of small Italian banks to UBI ‘delayed’ at Commission’s request

The sale of three small Italian banks, rescued in 2015, to bigger rival UBI has been delayed by at least a week at the request of the European Commission, three sources close to the matter have told Reuters.

Euro & Finance 09-12-2016

Unhappy birthday: EU low-key on Maastricht’s 25th anniversary

A quarter of a century after the summit in the Dutch town of Maastricht that gave birth to the euro, the EU will mark the anniversary today (9 December) with little fanfare as it battles a wave of crises.

Euro & Finance 05-12-2016

Time for EU leaders to deliver on commitments to Greece

The Eurogroup will today (5 December) examine the progress Greece has made so far. Now the EU must deliver on their own commitments, write Dimitrios Papadimoulis, Udo Bullmann and Pervenche Berès.

Euro & Finance 29-11-2016

Moscovici says EU and Greece ‘very close’ to opening vital debt talks

Greece and its European creditors are "very close" to an agreement that would open the way to vital debt talks, EU economy commissioner Pierre Moscovici said on Monday (28 November).

Euro & Finance 08-09-2016

Irish parliament backs Apple tax appeal after angry debate

Ireland's parliament battled through an ill-tempered debate on Wednesday to vote in favour of appealing a European Commission ruling ordering the country to collect billions of euros in unpaid taxes from tech giant Apple.

Euro & Finance 24-08-2016

Commission defends Greek debt data after statistics scandal

The European Commission has defended the reliability of Greek statistics on the country’s debt, and called on Athens to counter “misleading media reports” that the data was falsified.

Euro & Finance 17-08-2016

Britain targets financial advisers with new tax-avoidance fines

Britain set out plans on Wednesday (17 August) to punish financial advisers who tell their clients how to avoid paying tax, including hefty fines designed to target what it called the "supply chain of tax avoidance".

Euro & Finance 25-07-2016

LuxLeaks highlights need for whistleblower protection and incentives

The time has come for EU member states to decide how they will treat whistleblowers. Erika Kelton asks, will they embrace and encourage them, or will they perpetuate a culture of fear?

Euro & Finance 13-07-2016

Panama Papers parliament committee keen to avoid LuxLeaks mistakes

The initial outrage provoked by the Panama Papers is over. Now that the dust has settled, a European Parliament committee will examine the case in detail. EURACTIV Germany reports.

Euro & Finance 04-07-2016

State aid for Spanish football clubs was ‘illegal’, Vestager says

Some of Spain's top football teams - including Real Madrid and FC Barcelona - will have to pay back illegal public aid worth up to €70 million as it represented “an unfair advantage” versus other teams, the Commission said on Monday (4 July).

Digital 12-05-2016

Europe should follow UK’s lead on corporate transparency

The extent to which member states make pertinent information about companies available to the public varies widely. This has to change if anything is to be learned from the Panama Papers scandal, writes Daniel Castro.

Euro & Finance 26-11-2013

Deal on company auditing edging closer: EU lawmaker

The European Union could be less than a month away from a deal forcing the bloc's listed companies to change their accountant every decade, a senior EU lawmaker said on Monday (25 November).

20-11-2013

EU director: Commission remains vigilant on content, timing of audit reforms

The Commission sees the creation of a 'black list' of prohibited non-audit services and the rotation of audit firms as essential to restore investor trust and is pushing for these rules - and changes to EU auditing standards oversight - to be agreed before the end of the European Parliament's term next spring, says Ugo Bassi.