The UK is turning its anger towards the EU as the EU is implementing a financial transaction tax. Chancellor George Osborne has threatened new legal action after his pre-emptive challenge was rejected last week. As Osborne said at a meeting of EU finance ministers on Tuesday, “It’s not a tax on bankers, it’s a tax…
French Rail Industry Portal
France is trying to promote its railways, and it’s doing so with a new English-language web portal. The portal, which launched on March 21, 2014 has two main objectives. It will help to raise awareness among those in the industry worldwide about France’s great railway system. It will also promote news that focuses on France….
EU Renewable Energy Findings
In a recent article, they reported that renewable energy accounted for 14% of gross final energy consumption in the EU. This is up from 12.9% in 2011. As the article said, “Renewable energy employment, economic activity and investment indicators didn’t fare as well, however, reflective of ongoing fiscal and economic problems that have caused EU…
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…
