The European Commission just postponed a decision about whether or not to impose fines on Portugal and Spain for their deficits. The decision will be in July and at that time, the Commission will decide whether to take “decisive action.” If they decide not to take decisive action then they will start a process to…
Category Archives: Switzerland
European Commission Forecast Looks Grim
The European Commission’s most recent forecast should be a wake-up call for many countries. France, Italy and Spain are set to miss their budget targets unless there is quick government action. Portugal will probably be in breach of EU budget rules as well. The Commission said that the Euro zone growth will be slower than…
Women Filling Freelance Jobs Across the EU
According to new research from IPSE, a body that represents self-employed people, women are taking over the freelance jobs across the EU. Today, there are 9.6 million independent professionals who work in the EU. This is 1.9 million more than in 2008 and out of this, freelancers account for almost 30% of all self-employed people….
Should We Stay or Should We Go?
In the discussion about whether or not Britain should stay in the EU, the Confederation of British Industry has joined with the 21 counterparts that are urging Britain to remain in the bloc. This means that there are as many as 2.5 million businesses behind the campaign urging them to stay. As business chiefs from…
Johnson Controls Inc. Acquiring Irish Tyco International Plc
Johnson Controls Inc. has recently agreed to acquire Ireland-based Tyco International Plc in a $16.5 billion deal. Johnson Controls Inc. is a US maker of car batteries and heating and ventilation equipment, and by moving their headquarters to Cork, Ireland, they plan to carry out a tax-inversion. Their plans created some rumblings among the US…
Britain and Italy Speak about EU Reforms
Both Britain and Italy recently said, on Tuesday, that they agree that there needs to be a reform in the EU to protect the rights of the bloc’s non-euro zone members. They also want to promote business and tackle migration crisis issues. Before the referendum that is due by the end of 2017, Britain is…
The EU Court of Justice and Bitcoin
Last month, the EU Court of Justice deemed that Bitcoin transactions should not be subject to VAT. Bitcoin and its regulation has been a hot topic in 2015. New York State introduced the BitLicense and has seen quite a bit of backlash. As a result, many have been looking for alternative approaches. The BTC price…
The IFCJ Helps Those in Paris
Last week, following the coordinated terrorist attacks in Paris, the IFCJ (The International Fellowship of Christians and Jews) has pledged almost $90,000 to boost security at 25 synagogues and schools run by Chabad in Paris and Toulouse. The money will be used to hire additional guards and to install electronic security systems. As the IFCJ…
Osborne Traveling to Germany
British finance ministers will be traveling to Germany tomorrow to call for a strong EU that will work for the “benefit of all 28 member states.” George Osborne will outline ways that London’s financial services can be better protected. His government is looking to achieve reforms in the British relationship with the EU. He is…
EU Parliament Employment Committee Votes on New Legislation
Just last week, the European Parliament’s Employment Committee voted in favor of new legislation as part of the Christensen report on the EU Strategic Framework on Health and Safety at Work. Commenting on many of the new elements of the EP vote, UEAPME Secretary General Peter Faross said “UEAPME is very concerned about the EP’s…
