Valdis Dombrovskis John Thys | AFP | fake pictures Strict financial regulations in Europe, known as Mifid II, have been in place for more than two years, but the change is just around the corner. The European Commission, the EU’s executive arm, will announce adjustments on Friday to its Financial …
Read More »The EU agrees on an unprecedented $ 860 billion recovery fund as the bloc struggles with the consequences of the coronavirus
STEPHANIE LECOCQ / Getty European Union leaders reached a landmark agreement Tuesday on a $ 860 billion recovery fund earmarked for rebuilding the 27-member bloc. At the end of a four-day summit, heads of state agreed to distribute 390 billion euros ($ 446 billion) in grants and 360 billion euros …
Read More »Apple wins the support of the EU court on 13 billion euros in taxes
The Apple Inc. logo is displayed at the company’s store in the Omotesando district of Tokyo, Japan on Wednesday June 3, 2020. Bloomberg Apple won a court case on Wednesday against the European Commission over a dispute over 13 billion euros ($ 15 billion) in Irish tax. In a long-awaited …
Read More »Spain, Ireland, Luxembourg fight for work
This combination of archive images taken on June 10, 2020 shows (LR) to the Luxembourg Minister of Finance, Pierre Gramegna, on December 4, 2017, in Brussels; The Minister of Economic Affairs of Spain, Nadia Calvino, on June 8, 2018 in Madrid; and Irish Finance Minister Paschal Donohoe on October 8, …
Read More »EU can open external borders, but US visitors could be banned
Brussels Airport, Belgium. NurPhoto The European Union is discussing how to reopen its external borders as the region seeks to slowly revive its economy, and visitors from countries like the United States may still be banned from entering the bloc. Thirty European countries decided to close their external borders in …
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