In Sober Look, Marcello Minenna gives us a clue about a possible new breach in the euro’s structure. A few years ago (2011-2012), when the euro was going through its worst time, one of the consequences was that the central banks in the peripheral countries increased their debt position with TARGET2.
MADRID | By Sean Duffy | The OECD´s announcement this week that it was initiating a plan to combat tax avoidance schemes from multinationals has been met with almost universal approval across Europe. Ireland in particular has been the subject of criticism from its EU partners. Until recently, the country had determinedly defended its tax policy, famously refusing to negotiate on the issue when the country was in need of an EU bailout back in 2009.
BRUSSELS | By Alexandre Mato | EU finance ministers are meeting in Milan on Friday to focus on Ireland, Greece and Cyprus exit plan to leave their IMF-EU financial assistance programs. The much-needed debate about economic stimulus and growth is not on the agenda, nor will be Scotland, despite the thorny economic implications of an eventual yes vote in the upcoming referendum.
Like other American tech giants such as Facebook, Google or Microsoft, Spain is the new gate for Twitter’s international expansion… although all of them go to Ireland to pay taxes.
Contagion has been bucked in the eurozone, in spite of the instability markets forecast over Italian politics.
Although Ireland’s economy seems to be improving, Barclays warned that fiscal adjustments hit employment figures and disposable income.
By Luis Arroyo, in Madrid | Ireland has began to get out of the pit of its crisis and the usual suspects have wasted no…
can you refinance mortgage with bad credit A drop of merely 10 percent in house prices between 2012 and 2014? BNP Paribas believes trends in…
MADRID | While in Spain the formalities for the approval of the European Fiscal Treaty that was agreed last month by 25 countries of the EU…