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Tag Archive | "eu"

EU seeks to unleash crackdown on tax evasion

Tuesday, May 14, 2013

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Luxembourg's PM Jean-Claude Juncker (L) and EU Council President Herman Van Rompuy, seen in Brussels, on May 13, 2013

European finance ministers on Tuesday bid to unlock a trillion-euro annual crackdown on tax evasion, under pressure from EU leaders looking for new measures to boost job creation and growth at their Brussels summit next week.

Portugal signals IMF-EU approval for latest austerity

Monday, May 13, 2013

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Protesters wave the Portuguese flag during a demonstration against austerity in Lisbon on September 29, 2012

The Portuguese government is signalling that it has reached an agreement with IMF and EU creditors on its latest radical austerity measures to correct public finances, after the constitutional court struck down some of the proposed policies.

Germany suggests ‘two-step’ approach to banking union

Monday, May 13, 2013

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German Finance Minister Wolfgang Schaeuble reads a brief at the Chancellery in Berlin on May 8, 2013

German Finance Minister Wolfgang Schaeuble on Monday called for a "two-step approach" towards a European banking resolution mechanism, building on systems already in place in a number of countries.

EU ministers to thrash out tax clampdown

Sunday, May 12, 2013

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The Austrian National flag and the European Union flag fly in Vienna on April 10, 2013

As tens of millions languish on the dole with EU austerity blamed for deepening recession, finance ministers will switch their focus Tuesday from bailout negotiations to the pursuit of a trillion-euro annual tax-fraud bounty.

‘Action plan’ due for eurozone straggler Slovenia

Thursday, May 9, 2013

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Slovenian Prime Minister Alenka Bratusek addresses the media in Brdo, Slovenia, on May 6, 2013

The new government of struggling eurozone member Slovenia is expected to announce Thursday an action plan aimed at avoiding a bailout, reportedly including privatisations, "crisis" taxes and austerity cuts.

‘Action plan’ due for eurozone straggler Slovenia

Thursday, May 9, 2013

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Slovenian Prime Minister Alenka Bratusek addresses the media in Brdo, Slovenia, on May 6, 2013

The new government of struggling eurozone member Slovenia is expected to announce Thursday an action plan aimed at avoiding a bailout, reportedly including privatisations, "crisis" taxes and austerity cuts.

EU pushes for universal bank account access

Tuesday, May 7, 2013

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Illustration. The European Commission is to set out plans for universal access to current accounts with banks

The European Commission will set out on Wednesday plans for universal access to current accounts with banks -- seeking to remedy an exclusion that Brussels calculates affects nearly 60 million adults across the European Union.

EU pushes for universal bank account access

Tuesday, May 7, 2013

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Illustration. The European Commission is to set out plans for universal access to current accounts with banks

The European Commission will set out on Wednesday plans for universal access to current accounts with banks -- seeking to remedy an exclusion that Brussels calculates affects nearly 60 million adults across the European Union.

Portugal pushes ahead with sweeping job cuts

Monday, May 6, 2013

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A demonstration in Lisbon on April 15, 2013 against Troika representatives

Portugal on Monday pushed ahead with deeply unpopular plans to slash 30,000 public sector jobs by launching talks with unions as part of a sweeping savings package to satisfy international creditors.

EU in crunch talks on budget gap

Monday, May 6, 2013

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Jose Manuel Barroso at a meeting at EU headquarters in Brussels on May 2, 2013

Leading EU officials meet later Monday to try and break a deadlock on the bloc's budget for the rest of the decade with a summit of feuding national leaders looming on May 22.

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