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30/08/2016

JPMorgan Chase planned to buy Italy’s troubled Monte Paschi

Euro & Finance


Digital 30-08-2016

Commission’s Apple tax clawback violates Irish sovereignty, claims Dublin

The European Commission today (30 August) hit Apple with a €13 billion clawback of unpaid taxes in Ireland, but Dublin branded the move a violation of its sovereignty and both the country and the US tech giant immediately said they would appeal the decision.
Digital 30-08-2016

EU says Apple must repay €13 billion over ‘illegal’ Irish tax deal

The European Commission said on Tuesday (30 August) that US tech company Apple must repay €13 billion in back taxes after ruling that a series of Irish tax deals were illegal.
Public Affairs 29-08-2016

Barroso’s revolving door scandal must bring tougher rules

If the Goldman Sachs appointment of ex-European Commission president Barroso does not push the Commission to crack down on the ever turning revolving door, nothing will, writes Vicky Cann on behalf of ALTER-EU.
Euro & Finance 26-08-2016

Moody's: Poland risks credit downgrade, divestment, over democracy deficit

Global ratings agency Moody's warned Thursday (25 August) that an escalating constitutional crisis in Poland is threatening to hurt investment in the EU's largest eastern economy and could affect its credit rating.
Future EU 26-08-2016

Hollande tries to bring together Europe’s South

At a meeting of socialist leaders yesterday (25 August), French President François Hollande pleaded against the rise of populism. He also announced his participation in another summit of the EU’s southern countries in Athens, on 9 September. EurActiv France reports.
Europe's East 24-08-2016

Romania releases first loan tranche to crisis-hit Moldova

European Union member Romania said Wednesday (24 August) it has paid the first tranche of a multi-million-euro loan to neighbouring Moldova, in a bid to prevent the ex-Soviet nation from economic collapse and help it maintain a pro-European course.
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 24-08-2016

What political deadlock? Spain's economy forges ahead

For months, Spain been awash with warnings that the country's long-lasting political deadlock threatens to harm a fragile recovery, but the economy is forging ahead... for now, analysts say.
Euro & Finance 24-08-2016

Frankfurt charm offensive for Brexit-wary London firms

The marketing team of Frankfurt never expected its English-language dummy website to attract new businesses would actually go live after Britain's European Union referendum.
Euro & Finance 23-08-2016

Eurozone business activity 'strong' despite Brexit

Eurozone economic activity edged higher in August with few signs that Brexit-linked dangers were yet hurting the European economy, a closely watched survey showed Tuesday (23 August).
Future EU 23-08-2016

'Big Three' leaders insist EU not finished after Brexit

The leaders of Italy, France and Germany insisted Monday (22 August) that Britain's shock decision to quit the European Union would not kill the bloc. Merkel suggested she could be flexible over EU budget rules, as Rome grapples to kickstart its stalling economy.
Global Europe 22-08-2016

Diplomatic marathon kicks off to reinvent Europe after Brexit

French, German and Italian leaders are meeting today (22 August) on the island of Ventotene near Naples, opening a series of marathon diplomatic talks on the future of Europe. The Franco-German couple hopes to revive the EU project with a new political roadmap, EurActiv.com has learned.


Euro & Finance 19-08-2016

The failure to police the EU’s financial border is a security weakness

Whilst EU leaders and policymakers have struggled to maintain the security of the EU’s external physical border, the financial border is wide open to all. At a time of focus on the funding of EU extremism from third countries this is a worrying weakness, writes Tom Keatinge.
Elections 19-08-2016

Rajoy says ready for confidence vote on forming government

Spain's acting prime minister Mariano Rajoy, bidding to end an eight-month political stalemate, said yesterday (18 August) he was ready to face a confidence vote on forming a new government after agreeing terms for a pact with centrist rivals.
Euro & Finance 19-08-2016

ECB stresses 'readiness to act' in face of Brexit headwinds

European Central Bank policymakers warned of "new headwinds" for the eurozone following Britain's vote to quit the EU, according to minutes of their July meeting released on Thursday (18 August).
Euro & Finance 19-08-2016

Frankfurt woos London banks after Brexit vote

A German politician said on Thursday (18 August) he was trying to persuade foreign banks to make Frankfurt their home after Britain's vote to leave the European Union, and outlined how Europe's biggest economy wants to bolster its financial capital at London's expense.
Future EU 18-08-2016

Renzi, Merkel, Hollande to meet for EU talks post-Brexit

Italian Prime Minister Matteo Renzi will meet with German Chancellor Angela Merkel and French President François Hollande on an Italian island on Monday (22 August) to discuss the EU's way forward after Britain's shock vote to quit the bloc.
UK & Europe 17-08-2016

UK consumers begin to feel post-Brexit pinch

From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market.
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 10-08-2016

Criminal case against Greek statistics chief raises eyebrows in Brussels

A European Commission spokesperson told EurActiv.com that the executive is closely monitoring a criminal case against Greece’s former head of statistical services.
Elections 09-08-2016

Renzi concedes he made a 'mistake' to personalise Italy's constitutional referendum

Italian Prime Minister Matteo Renzi said on Tuesday (9 August) it had been a mistake to personalise a referendum, due to be held later this year, in which he originally promised to resign if he failed to convince voters to support the need for constitutional change.
Euro & Finance 09-08-2016

Tsipras reminds EU partners of Germany’s post-war debt cut

Sixty-three years after the 1953 London Debt Agreement (8 August), Greece’s Prime Minister Alexis Tsipras stressed that Europe should rise to the occasion and grant Athens a debt relief.
Euro & Finance 04-08-2016

Bank of England cuts rates to record low after Brexit vote

The Bank of England on Thursday slashed interest rates to a record low 0.25 percent and announced a vast stimulus package to combat economic fallout from Britain's looming EU exit.
Euro & Finance 04-08-2016

JPMorgan Chase planned to buy Italy's troubled Monte Paschi

JPMorgan Chase wanted to buy troubled Italian rival BMPS but abandoned the plan over fears it would be vetoed by US regulators and opposed in Italy, people close to the deal told AFP on Wednesday (3 July).