Europe

Results for Europe

Geneva Set To Cut Corporate Tax Rate By More Than 10%

When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had most to lose. Now, the canton that is home to almost 1,000 multinationals is set to use tax to burnish its appeal, the Irish Times reported. Geneva wi ...

Daily Headline - global.abi.org - 08/25/2016 - 23:56 - 0 comments

Why Is Spain’s Economy Expanding So Robustly Without a Government?

putting a damper on some kinds of investment. The Spanish economy grew 0.8% in the second quarter driven ... line with first-quarter growth and better than the 0.7% the agency had predicted in July. The ...

Daily Headline - global.abi.org - 08/25/2016 - 23:56 - 0 comments

Moody's Says Uncertainties Remain For Abengoa Despite Restructuring Plan

Credit ratings agency Moody's said on Wednesday the restructuring plan put forward by Spanish renewable energy and engineering firm Abengoa would reduce its debt burden, but it was unclear whether it would be successful, Reuters reported. Abengoa, w ...

Daily Headline - global.abi.org - 08/24/2016 - 22:02 - 0 comments

UK Plans Tougher Penalties For Offshore Tax Evaders

Proposals to toughen penalties for tax evasion have been published, as the authorities prepare to receive a big tranche of new data on offshore accounts, the Financial Times reported. The government is proposing new legislation requiring taxpayers wi ...

Daily Headline - global.abi.org - 08/24/2016 - 22:02 - 0 comments

UK Mortgage Approvals Slump In Wake Of Brexit Vote

higher than expected 1.4 per cent. Borrowing by non-financial companies bounced back to rise by £2.3 ...

Daily Headline - global.abi.org - 08/24/2016 - 22:03 - 0 comments

Norway Oil Companies Cut Investment Plans Further Amid Slump

4.8 percent in June, the highest since at least 2004, according to separate statement today. The ...

Daily Headline - global.abi.org - 08/24/2016 - 22:05 - 0 comments

Royal Bank Of Scotland’s Woes A Major Obstacle To Recovery

The former head of Royal Bank of Scotland said in 2009 it could take up to five years to recover from the biggest bank bailout in British history, the Irish Times reported. At the time, this seemed a formidable period for British taxpayers to wait be ...

Daily Headline - global.abi.org - 08/23/2016 - 22:50 - 0 comments

Russian Pensioners to Get Little Relief as Inflation Bites

highest annual increase since 2008. But Russia’s government has only increased pensions by 4% since the ...

Daily Headline - global.abi.org - 08/23/2016 - 22:51 - 0 comments

Brexit To Cut Scottish Tax Revenue, Says Sturgeon

income by as much as £3.7 billion (€4.3 billion) a year. “The only way to protect Scotland’s economy – ...

Daily Headline - global.abi.org - 08/23/2016 - 22:51 - 0 comments

British Exporters And Tourists Big Winners In Sterling Plunge

UK exporters and overseas shoppers visiting Britain are shaping up to be the biggest winners from the plunge in sterling since the vote to leave the EU, the Irish Times reported. According to the Confederation of British Industry, manufacturers’ expo ...

Daily Headline - global.abi.org - 08/23/2016 - 22:52 - 0 comments

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