France is taking the lead. If you’re looking for the location that attracts the most overseas companies in the EU – France is your place. Last year alone, foreign direct investment (FDI) in France rose by 22%. France’s Agency for International Investment issued its annual report yesterday, showing that it received $57.4 billion in foreign…
Author Archives: Derrik Brunner
Get Your Gambling Fix While You Still Can
At the current time, less than 15% of the almost 15,000 online gambling sites across Europe are fully licensed. This figure, according to EU officials, is far too low, and some EU officials have created the “green paper” to change this situation. The Green Paper Issued just last week, the Green Paper has 51 questions…
“The Best Laid Plans” of the EU
EU leaders meeting in Brussels have been hoping to finalize a eurozone bailout fund, but this plan is looking less and less likely. This is due, in large part, to the fiscal crisis taking place in Portugal. Problems in Portugal Prime Minister of Portugal, Jose Socrates, recently offered his resignation. As Socrates explained, “This crisis…
Fiji Fish Back on the EU List
Fiji recently received some great news from the EU; they have just been reinstated on the list of countries allowed to export fish to the EU member states. Fiji was de-listed in 2004 after the Union found that some of the tuna lions from Fiji had mercury in them. In 2007, several people in France…
Watch Where You Step! Says Carbon Footprint Investments
In recent green news, Ralph Pettengell, the chief executive at Carbon Footprint Investments has warned UK and European companies that they may be penalized soon. He explained that the UK government may soon start to penalize companies that are carbon inefficient. As Mr. Pettengell explained, "Any company that exceeds its limits will be fined per…
India Trade Policy Hurting Ties to EU
The EU is pointing fingers today –and they are pointed directly at India. In a recent report, the “Trade and Investment Barriers Report 2011” the EU’s executive body says that India’s trade regime and regulatory environment are restrictive and hampering economic ties with the EU. Failings by India The report points to a number of…
EU Readies Sanctions Against Egypt
In very recent news, the EU is planning to adopt sanctions against former Egyptian officials who are being accused of stashing billions of dollars abroad. This information comes from an EU official and is apparently going to happen next week. Objectives of the Sanctions As the EU official stated, "The objective is that the asset…
Quake in Japan Rocking the EU Market
Japan’s 8.9 earthquake and subsequent tsunamis on Friday have created a ripple effect across Europe. The Japanese market was down more than 6%, as more fears developed about the nuclear plants in Japan. Rocky Finances The UK’s FTSE 100 index, according to BGC Partners, is predicted to open 9 points lower at 5,819. Germany’s DAX…
Malta Protecting Itself Against Libya
It’s a complicated thing to be bedfellows with Libya these days. Malta is finding that out the hard way. With several companies with Libyan investment, Malta is fretting over the latest sanctions hitting Libya. Libyan Investments Malta has Libyan investments in companies such as the Corinthia Group, Medavia, Vivaldi Hotel, Milano Due Hotel and Medelec. …
EU Clamping Down on Libya
In recent news, the European Union has added the Libyan Investment Authority and several other financial organizations to its sanctions list. These restrictions should take full effect as of Friday. The EU’s 27 countries have all collectively agreed to impose sanctions on the $70 billion Libyan Investment Authority, the central bank, three financial organizations and…
