Top officials from the EU recently met with Ukrainian President Petro Poroshenko to speed economic and political reforms. European Commission President Jean-Claude Juncker arrived in Kiev from Luxembourg and joined Mr Poroshenko and European Council President Donald Tusk to talk at the presidential offices. In addition to their talks, Kiev will be the location for…
Help European IPOs Says the IPO Task Force
Financial trade groups have started to lobby the European Commission to implement changes that helped to bring about the US biotech IPO boom. What the European IPO Task Force specifically wants is for politicians to slash the regulatory and administrative cost that is involved in going public by as much as 50%. This would help…
E-Book Tax Raises Price and Hackles
The EU has recently ruled that e-books sold in Europe constitute an electronically supplied service and are subject to higher taxes (VAT) than physical books. This could raise the price of e-books in some countries. This change will primarily impact France and Luxembourg. Ironically, these are the two countries that created the need for the…
Eastern European News
Lithuania Propels into Fintech
Lithuania is fast gaining a reputation for being the most accelerated Fintech hub in all of Europe. It features year-on-year 40% growth in the area as well as a burgeoning talent base and quite unique regulatory route. This has rendered it Europe’s largest e-money license issuer. As such, large names are flocking to the area…
Business in Europe: Best Countries Report
Yesterday the European Chamber (EUCHAM) put out a report of “rank[ing] and analyz[ing] all 46 European countries according to their economic environment.” In brief, it was found that the list toppers were those from the Nordic regions (Denmark, Finland, Norway and Sweden). Next on the list was the UK. While in general the FSU countries…
