The EU has recently decided to drop its threat to levy punitive tariffs on Chinese telecoms exports. Beijing agreed to talk about limiting its exports credits to Chinese firms in the telcoms sector. showing the EU that it will heed the international binding rules on corporate subsidies. As Karel De Gucht, the EU Trade Commissioner,…
England’s Manufucturers Want to Stay with the EU
England’s manufacturers are saying they want to remain as part of the EU, according to a recent survey. The manufacturers’ organization EEF has found that 85% of people polled would select to stay with the EU, while only 7% want to leave. The EEF presents over 6000 companies and the survey included 160 of them….
EU Taking Hit from Russian Food Ban
The Russian food ban for US, Canadian and EU consumers is certainly going to have an impact – but it will create an even bigger impact for Russia itself. As David Cohen, the Treasury Department undersecretary in charge of economic sanctions explained, “What the Russians have done here is limit the Russian people’s access to…
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…
