RSSEconomy

#CMU – Three years after the launch of the Capital Markets Union progress made – but a long way to go

#CMU – Three years after the launch of the Capital Markets Union progress made – but a long way to go

| September 24, 2018

The Association for Financial Markets in Europe (AFME), in collaboration with nine international organizations and trade associations representing global and European capital markets stakeholders, has today (24 September) published a new report tracking the progress to date of the European Commission’s flagship Capital Markets Union (CMU) project through seven Key Performance Indicators (KPIs). The report […]

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#VAT – Member states still losing almost €150 billion in revenues according to new figures

#VAT – Member states still losing almost €150 billion in revenues according to new figures

| September 24, 2018

EU countries lost almost €150 billion in Value-Added Tax (VAT) revenues in 2016, according to a new study published by the European Commission. The so-called ‘VAT Gap’ shows the difference between the expected VAT revenue and the amount actually collected. While member states’ have carried out a lot of work to improve VAT collection, today’s […]

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#SteelExcessCapacity – Global Forum takes important steps to tackle overcapacity

#SteelExcessCapacity – Global Forum takes important steps to tackle overcapacity

| September 24, 2018

At the ministerial meeting of the Global Forum on Steel Excess Capacity, held in Paris on 20 September, the world’s biggest steel-producing nations agreed to further reduce capacity wherever necessary, avoid that overcapacity is exacerbated in the future, as well as to work to eliminate subsidies which cause overcapacity. Jobs, Growth, Investment and Competitiveness Vice […]

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#Brexit: UK Lords report estimates ‘no deal’ will cost £18 billion per year to UK traders

#Brexit: UK Lords report estimates ‘no deal’ will cost £18 billion per year to UK traders

| September 20, 2018

The UK’s second chamber, the House of Lords committee have released a report estimating that a ‘no deal’ Brexit will cost UK traders as much as €20 billion per year; a cost that puts the UK’s annual contribution to the EU budget of around €10 billion into context. The EU External Affairs Sub-Committee of the House of […]

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More #ElectricCars on EU roads by 2030

More #ElectricCars on EU roads by 2030

| September 17, 2018

CO2 emissions from new cars should be cut by 45% by 2030 and market uptake of zero – and low- emission vehicles should accelerate, committee MEPs have said. Environment Committee MEPs proposed setting a higher target for reducing EU fleet-wide emissions for new cars by 2030: 45% (compared to the EU Commission’s 30%) with an […]

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#GDP and main aggregates estimate for the second quarter of 2018 – GDP up by 0.4% in both #eurozone and EU-28 – +2.1% in both areas compared with the second quarter of 2017

#GDP and main aggregates estimate for the second quarter of 2018 – GDP up by 0.4% in both #eurozone and EU-28 – +2.1% in both areas compared with the second quarter of 2017

| September 14, 2018

Seasonally adjusted GDP rose by 0.4% in both the eurozone (EA-19) and the EU-28 during the second quarter of 2018, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the first quarter of 2018, GDP had also grown by 0.4% in both areas. Full […]

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SOVA CAPITAL hosts Russo-British Chamber of Commerce event at SOVA’s  London HQ

SOVA CAPITAL hosts Russo-British Chamber of Commerce event at SOVA’s London HQ

| September 12, 2018

SOVA Capital Limited, a Russian leading independent institutional brokerage company, hosted an event of the Russo-British Chamber of Commerce (RBCC) on September 11 at SOVA’s office in the City of London, where new members of the organization were introduced. The development of trade and cooperation between the United Kingdom and Russia by means of representing […]

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