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Piketty: EU must demand more transparency from companies in Africa; Italy haemorrhaging tax revenue; EU official: Greek bailout...

Piketty: EU must demand more transparency from companies in Africa; Italy haemorrhaging tax revenue; EU official: Greek bailout...
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14-Sep-2015
 

Euro & Finance

 

Recent News

Piketty: EU must demand more transparency from companies in Africa

The European Union should require companies operating in Africa to disclose the taxes they pay there more transparently, to ensure they contribute fairly to government revenues, French economist Thomas Piketty said on Thursday (10 September).

Italy haemorrhaging tax revenue

In Italy, €47.5 billion has gone uncollected by the state, 33% of the total potential VAT revenue. EurActiv Italy reports.

EU official: Greek bailout deal still open for fine tuning

The third bailout package agreed on by Athens and international lenders in July is still open for adjustment, a high-ranking eurozone official told journalists yesterday (9 September) ahead of a meeting of finance ministers in Luxembourg on Saturday (12 September).

ECB accuses Germany of obstructing supervisory role

The European Central Bank has criticised a draft German law relating to the management and regulation of the banking sector. EurActiv Germany reports.

Juncker: We need more Union in our Union

In a much anticipated State of the Union speech, Commission President Jean-Claude Juncker appealed for the preservation of the traditional values of solidarity on which the European Union is built, at a time when national egoisms prevail in many countries, faced with the unprecedented refugee crisis.

Greece 'lost in translation' over EU funds

The European Commission denies a Greek claim that it rejected an official request by Athens for an extension of the 2007-2013 Multiannual Financial Framework. In the meantime, the debt-ridden country risks losing 1.4 billion euros.

Verhofstadt slams Tusk for ‘not doing his job’

Guy Verhofstadt, the leader of the liberal ALDE group in the European Parliament, slammed Council President Donald Tusk yesterday (7 September) for not playing his role in solving the refugee crisis.

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Interviews

Van Rompuy: 'EU leaders only take bold decisions when they have a knife against their throats'

EXCLUSIVE / In a candid interview with EurActiv, the former President of the European Council said the EU takes the boldest decisions only in crisis situations, "when we have our backs against the wall and are staring at the abyss with a knife against our throats".

Stiglitz: 'Inequality is holding back the American economy'

The US economic recovery is false, according to Nobel Prize winner Joseph Stiglitz. He told La Tribune that sustainable growth can only be achieved by tackling inequality, limiting the power of the financial sector, and reempowering trade unions.

Bettel: What is best for the UK is not always best for the EU

In a candid interview with EurActiv, Luxembourg Prime Minister Xavier Bettel says he is not prepared to give anything to the UK, even though he agrees with David Cameron that we need a more efficient EU.

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Opinion / Analysis

Towards a European Commission with fewer competencies for more power?

Fabian Willermain argues that turning the Commission into an elected and accountable European government would both legitimise the institution in the eyes of the citizens and take some powers out of the executive’s hands.

The European fairy-tale is over, but the story continues

If we are to believe the stock markets, all is well in Europe. But markets are in danger of underestimating looming perils such as populism, a Brexit, German dominance and weakening European power, writes Andy Langenkamp.

A Greek Versailles?

Former Greek Finance Minister Yanis Varoufakis denounced the July bailout agreed between prime minister Alexis Tsipras and the eurozone leaders as a “new Versailles Treaty”. Quincy Cloet asks if this is a fair comparison.

Infographics

Ten tips for a successful Capital Markets Union

The European Union plan for a Capital Markets Union can help unlock the latent potential in financial markets. The banking industry is ready to support this proposal.

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