Results for Europe
- Banks Show Tepid Interest as E.C.B. Begins Program of Cheap Loans
Banks borrowed less than expected from the European Central Bank in a disappointing start for a program intended to encourage more lending to businesses and households and to pump money into the ailing eurozone economy, the International New York Times ...
Daily Headline - global.abi.org - 09/18/2014 - 21:37 - 0 comments
- Italy to Remain in Recession This Year, Says IMF
completed at the end of August after bilateral consultations with Rome, the IMF forecast a 0.1% drop in ...
Daily Headline - global.abi.org - 09/18/2014 - 21:39 - 0 comments
- Banks Lose 70% Of Mortgage Debt In Bankruptcy Say Insolvency Firm
An insolvency company has revealed details of its clients who have gone bankrupt under rules introduced a year ago, RTÉ News reported. The figures show that banks which lent mortgages to these clients have had to write off 68% of the outstanding debt. I ...
Daily Headline - global.abi.org - 09/17/2014 - 22:13 - 0 comments
- Romanian Court Approves Large Construction Company Insolvency
The Bucharest court has recently approved the insolvency request for Romanian construction company Tehnologica Radion, whose owner, Theodor Berna, is currently under preventive arrest for tax evasion and money laundry, Romania-Insider.com reported. The c ...
Daily Headline - global.abi.org - 09/17/2014 - 22:17 - 0 comments
- European Court Adds Massive VAT Bill To British Financial Companies
Banks, insurers and other financial services firms operating across Europe face extra hundreds of millions of pounds of extra tax costs, following a European Court of Justice (ECJ) ruling yesterday, City A.M. reported. The ruling means services supplie ...
Daily Headline - global.abi.org - 09/17/2014 - 22:18 - 0 comments
- Taxpayers May End Up Paying For Collapse Of Setanta Insurance
Taxpayers may end up footing the bill for third-party claims related to the collapse of Setanta Insurance, the Irish Times reported. The Maltese-registered insurer went into liquidation in April leaving 75,000 motor policyholders in Ireland with no c ...
Daily Headline - global.abi.org - 09/17/2014 - 22:20 - 0 comments
- Funding Risks Remain For Several Euro Zone Banks
Some euro zone banks have insufficient liquidity and several will continue to require support from the European Central Bank after long-term funding help runs out at the start of next year, credit ratings agency S&P said, the Irish Times reported ...
Daily Headline - global.abi.org - 09/16/2014 - 21:29 - 0 comments
- Insolvency For Solon German Units
PV group Solon has announced that two Germany-based units will file for insolvency, as its centre of gravity continues to shift away from Europe under parent company Microsol. Solon announced the start of insolvency proceedings in Berlin for its Solon Mo ...
Daily Headline - global.abi.org - 09/16/2014 - 21:30 - 0 comments
- German Property Firm IVG Says Insolvency Over, Eyes Listing
known real estate firms, IVG amassed more than 4 billion euros ($5.2 billion) in debt during a rapid ...
Daily Headline - global.abi.org - 09/16/2014 - 21:32 - 0 comments
- O.E.C.D. Calls for Coordinated Fight Against Corporate Tax Avoidance
Dozens of countries with the most advanced economies have agreed on principles for concrete action to prevent corporations from gaming the international tax system, the Organization for Economic Cooperation and Development said in a report on Tuesday, th ...
Daily Headline - global.abi.org - 09/16/2014 - 21:33 - 0 comments