EurActiv.com

EU news and policy debates across languages

26/07/2016

NGOs reveal extensive use of tax havens by French banks

Topic: Financial regulation


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 19-07-2016

Commission’s private-sector ‘revolving door’ should work in public interest

Former Commission President Barroso’s job offer at Goldman Sachs has prompted outrage. But the real problem is the EU’s lack of transparency and democratic oversight. Interaction with the private sector through the so-called “revolving door” should be encouraged, write Katinka Brouwer, Penelope Bergkamp and Dr Lucas Bergkamp.
Euro & Finance 14-07-2016

UK Commissioner: After Brexit, resigning was the right thing to do

Britain’s outgoing Commissioner Jonathan Hill has said he resigned as a matter of principle after the UK’s vote to leave the European Union because the public feel that politicians do not take enough account of their opinions.
Euro & Finance 13-07-2016

Monaco signs up to EU's tax transparency scheme

The EU has signed a fiscal transparency agreement with Monaco in an attempt to stop Europeans hiding undeclared income in the Mediterranean principality. EurActiv Spain reports.
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 12-07-2016

Commission threatens Spain and Portugal with fines

The EU threatened Spain and Portugal Tuesday (12 July) with huge fines for failing to fix years of high deficits, in the first time Brussels has wielded its disciplinary powers over member states' budgets.
UK & Europe 06-07-2016

Germany warns of EU tax race after Osborne’s 15% plan

German Finance Minister Wolfgang Schäuble warned on Wednesday (6 July) of an EU-wide tax war, with states cutting their corporate tax rates, in the wake of Brexit and the UK’s announcement it will cut rates to 15%.
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).
UK & Europe 30-06-2016

Hollande says post-Brexit City must relinquish euro business

Britain's City of London financial district would have to give up its role in processing euro currency transactions after it leaves the European Union, French President François Hollande warned on Wednesday (29 June).
UK & Europe 21-06-2016

Sleepless in the City: London traders brace for referendum

London's financial district is set for a sleepless night Thursday (23 June) as traders hunker down to await the hotly-anticipated EU referendum result.
NewsSpecial Report
Energy 15-06-2016

Homeowners offered cheaper mortgages in return for energy efficiency renovations

SPECIAL REPORT / EXCLUSIVE / Homeowners will qualify for reduced repayment rates on their mortgages if they undertake energy efficiency renovations, and lower interest rates on loans to pay for them, under “pioneering” plans being drawn up by lenders for consideration by EU and global regulators.
Europe's East 14-06-2016

Deutsche Bank prepares for fine over suspicious Russia trades

Deutsche Bank has increased provisions for suspicious share trading in Russia, where it is investigating client activity that prompted the bank to partially pull back from the country, two people close to the matter said.
Euro & Finance 10-06-2016

Greek shipowners: tax scrutiny will open 'Pandora's box' in EU

Greece's top shipping lobby on Friday (10 June) warned that EU scrutiny of their tax concessions would open a 'Pandora's box' of revelations concerning other states, with harmful consequences all around.
Euro & Finance 26-05-2016

Member states fail to reach deal to tackle company tax avoidance

European Union finance ministers failed on Wednesday (25 May) to agree new rules to counter tax avoidance and deferred until June a possible deal on clamping down on schemes by multinational companies to disproportionately reduce tax bills.
Euro & Finance 24-05-2016

A new property bubble in France?

France’s High Council for Financial Stability has warned that the commercial property market may be a bubble about to burst. EurActiv’s partner La Tribune reports.
Euro & Finance 17-05-2016

German constitutional court confirms complaint against ECB policy

Germany's Constitutional Court confirmed on Tuesday (17 May) it has received a complaint against the European Central Bank's monetary policy, as reported by the Welt am Sonntag newspaper at the weekend.
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 11-05-2016

Greens/EFA: Blacklist USA as ‘world's largest tax haven’

It isn't just tropical nations like Panama that act as safe havens for tax avoiders; the US stands accused of the same thing according to a new study by the European Parliament's Green faction. EurActiv Germany reports.
Euro & Finance 10-05-2016

A budget for the eurozone is taking shape

Budgetary capacities are an important tool to protect the eurozone from economic shocks, and their extension to non-eurozone countries could help with the economic convergence of the newer member states, writes Siegfried Muresan.

Bitcoin expert: EU should 'wait and see' before regulating blockchain

Lawmakers are debating how to deal with virtual currencies and, in particular, with the promising technology behind them: blockchain. Patrick Murck, co-founder of Bitcoin Foundation, believes that the current ‘hands-off’ approach is the right one.
Euro & Finance 13-04-2016

European Parliament vies to lead Panama Papers inquiry

The European Parliament will vote on whether to create a committee of inquiry into the Panama Papers this Thursday (14 April) - and may decide to merge the new body with the special committee on Tax Rulings. EurActiv France reports.
Euro & Finance 08-04-2016

Panama Papers scandal puts pressure on EU to toughen tax laws

The Panama Papers scandal has put political pressure on the European Commission to toughen its tax laws, and in particular for multinational companies, EU Economic and Financial Affairs Commissioner Pierre Moscovici has said.
Euro & Finance 05-04-2016

Germany plans new tax law on back of 'Panama Leaks' revelations

Germany is planning a new national transparency register that will oblige offshore companies to disclose the identity of their owners, Germany's Sueddeutsche Zeitung reported on Monday (4 April).
Euro & Finance 18-03-2016

NGOs reveal extensive use of tax havens by French banks

The public country-by-country reporting imposed by Paris on France’s big banks has revealed that they channel more than a third of their profits through countries with advantageous tax laws, a group of  NGOs have found. EurActiv France reports.