Category Archives: European Union

Dane investigating EU tax deals says Luxleaks trail will lead to fair pay

EU competition commissioner Margrethe Vestager’s taxation inquiry could implicate her new boss Jean-Claude Juncker Continue reading…

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  1. Luxembourg judge brings theft and trade secrecy charges
Posted in Amazon.com, Apple, Belgium, Business, Corporate governance, Europe, European Commission, European Union, Ireland, jean-claude juncker, Luxembourg, Netherlands, Starbucks, Tax avoidance, World news | Comments Off

IMF holds back Cyprus bailout funds

International Monetary Fund says expected tranche of €88m will not be paid after parliament suspended new foreclosure law

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  2. Greek election uncertainty fuels concerns over eurozone stability
  3. ​New hegemon for Europe: Back to the future?
Posted in Banking, Business, Cyprus, Euro, Europe, European monetary union, European Union, World news | Comments Off

How Farage and Salmond – but not Miliband – ran Cameron ragged

John Crace’s review of the year: from sorry apology to solemn vow, 2014 was not a vintage year of political accomplishment

Politicians rarely find it easy to say sorry but, in April, culture secretary Maria Miller did manage to find a 32-second window in her diary to come to the House of Commons to mutter: “Yeah whatevs I dun nuthin wrong and though I’m sayin soz I don’t mean it cos what’s wrong with claimin to live in wun house and livin in anuva I mean everywunz at it innit?”

One of the shortest parliamentary apologies on record was the preface to one of the longest general election campaigns. The unforeseen consequence of the Fixed Term Parliament Act of 2011, which was introduced to ensure the coalition’s survival for five years, was that parliament had little to do in the government’s final year. Time and again, the then leader of the house, Andrew Lansley, was forced to explain why there wasn’t much government business going on; his nadir came when he had to find a reason, other than inactivity, why the Commons was being prorogued a week earlier than usual at Easter. “I am surprised at the honourable lady’s argument that we are not busy,” he said wearily, before the tumbleweed carried him away. “We are busy. When we return from recess, we have a busy two days.”

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Posted in Andrew Lansley, Autumn statement 2014, Budget, Conservatives, Culture, David Cameron, David Miliband, Economics, Ed Miliband, Europe, European Union, George Osborne, Gordon Brown, House of Commons, Iain Duncan Smith, Immigration and asylum, Justine Greening, Labour, Leon Brittan, Liberal Democrats, Liberal-Conservative coalition, Maria Miller, Michael Gove, Nigel Farage, Politics, Russell Brand, Scotland, Scottish politics, Theresa May, UK Independence party (Ukip), UK news, World news | Comments Off

EU parliament backs Palestinian state ‘in principle’

MEPs back compromise motion on Palestine by 498 votes to 88 in latest in a series of diplomatic rebuffs to Israel Continue reading…
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  2. Washington undecided on U.N. resolution for Palestinian state
  3. Washington undecided on U.N. resolution for Palestinian state
Posted in Binyamin Netanyahu, Europe, European Union, Hamas, Israel, Middle East and North Africa, Palestinian territories, World news | Comments Off

Greek election uncertainty fuels concerns over eurozone stability

Ballot of 300 MPs fails to yield clear result, with two rounds left to choose a winner and avoid eurozone instability Continue reading…
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Posted in Banking, Business, Economics, Euro, Europe, European banks, European monetary union, European Union, Eurozone crisis, Financial crisis, Greece, World news | Comments Off

​EU shines light on dirty money with new tax rules

European parliament and EU states agree rules to stop shell companies being used to finance terrorism, launder money from criminal activity or evade taxes

The EU has agreed rules to stamp out tax evasion and stop dirty money from criminal gangs or terrorism finance being channelled through anonymous companies.

EU states and the European parliament struck the agreement on Tuesday to update anti-money laundering rules, a statement from the parliament’s economic affairs committee said on Wednesday.

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Posted in Corporate governance, Europe, European Union, Global development, Tax avoidance, Transparency, World news | Comments Off

Hamas taken off EU terror blacklist

Move comes as European parliament adopts resolution supporting principle of Palestinian statehood

The European Union’s second highest court has ordered the removal of the Islamist group Hamas from a terrorist blacklist, citing procedural problems with the listing. It added, however, that the group’s assets should remain frozen for three months pending an almost certain appeal.

The decision came as the European parliament adopted a resolution supporting Palestinian statehood in principle in a compromise motion that did not follow some European national legislatures in backing immediate recognition of a Palestinian state.

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David Miliband hints at another stint in British politics

Former MP expresses concern over EU membership debate, claiming ‘it would be unbelievably stupid’ for Britain to leave

David Miliband has hinted at a return to British politics, saying he does not intend to spend the rest of his life in the US.

Miliband, who is currently head of the International Rescue Committee in New York, added that he was worried by the debate surrounding Britain’s membership of the EU.

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Posted in David Miliband, Ed Miliband, Europe, European Union, General election 2015, Politics, World news | Comments Off