Search Results for: Austria

GERMANY is one of Denmark’s largest export markets for organic meat, but industry experts say there is still room for sales growth. A key target market is northern Germany, including the major city of Hamburg, given its close proximity to southern Denmark where the bulk of Danish organic farms are located. …

THE EUROPEAN Commission has finally been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to 10 of the EU’s 28 member states.

Meeting on the margins of a Eurogroup session in Luxembourg on Monday (Oct 10), the governments of Austria, Belgium, France, Germany, Greece, Italy, Portugal, Slovakia, Slovenia and Spain agreed to push ahead with the project.…

MILLIONS of Euros have been released by the European Union (EU) to fund projects deepening the international gas pipeline network in eastern Europe, a key element of EU plans for forge an ‘energy union’.

One major project is a EUR179 million plan to create the Bulgaria–Romania–Hungary–Austria (BRUA) system of gas lines.…

A FINANCIAL Action Task Force (FATF) report on Austria has unveiled a major problem with confidentiality surrounding ‘suspicious transaction reports’ (STRs).

Based on a November 2015 visit, the September 12 mutual evaluation report on ‘Anti-money laundering and counter-terrorist financing measures – Austria’ noted that the Austrian financial intelligence unit (FIU) and other competent authorities cooperate well, swapping key information and financial intelligence.…

EUROPEAN COMMISSION LAUNCHES GLOBAL TAX AVOIDANCE BLACKLIST ASSESSMENT

THE EUROPEAN Commission has completed the first phase of an assessment designed to help the European Union (EU) frame its own blacklist of jurisdictions deemed un-cooperative over tax avoidance and evasion. Brussels has released a ‘scoreboard’ of non-EU jurisdictions judging whether they exchange information with foreign tax authorities, have preferential or low tax regimes, have close and important economic and financial links with the EU and are politically stable (and hence more attractive as a tax haven).…

BIG marketing stunts can boost sales of technical textiles and maybe one of the biggest examples in Europe this year was created by world renowned artists Christo. He created ‘The Floating Piers’ on Lake Iseo, near Brescia, in northern Italy.…

THE EUROPEAN Commission’s latest EUR500 million support package for European farmers, finalised at an August 26 European Union (EU) committee in Brussels, will not ease the dairy crisis, European dairy groups have warned.

“Production cuts is the label used to describe the current package of measures,” said the EU farm lobby group European Milk Board (EMB)’s president Romuald Schaber following the initial announcement of the plans in July.…

A EUROPEAN Commission ruling that Ireland must recover up to EUR13 billion in back-taxes (plus interest) from Apple has signalled a tough approach from Brussels over alleged European Union (EU) competition law breaches associated with sweet taxation deals by member states.…

IN an ever more interconnected world, where reliable energy flows are of critical importance to sophisticated developed economies, the role of diplomacy in helping keep oil and gas flowing is perhaps more important than ever before.

Of course, oil and gas has always been an international business.…

Accountants share responsibility with banks to direct their small-and-medium-sized enterprise (SME) clients towards sources of finance, a Brussels conference has been told. Rebecca McNeil, head of SME lending at Barclays, said at a July 13 Brussels conference on ‘Capital Markets Union: delivering new opportunities for SMEs through venture capital’, declared: “We all have the duty of care, banks, accountants … to signpost SMEs to sources of finance.” …