The EU Finance Ministers have put forward an interesting proposal that could definitely have Google and Facebook seeing red…and green. At the finance minister summit on Saturday the Estonian capital of Tallinn, France and Germany urged the bloc partners to consider an emergency tax bill. This tax bill will force internet companies to pay taxes…
Dublin Tops the List for Brexit Moves
Certainly, when Brexit goes through, many will need to figure out where to move thousands of jobs. Many finance institutions have only until Friday to tell the Bank of England how they plan to deal with the changes that a hard Brexit will cause. And at the moment, many eyes appear to be on Dublin….
All Eyes on Google
Google is in for an awakening, according to The New York Times. The European antitrust officials are preparing to slap Google with a record fine by the end of August. Margrethe Vestager, the EU’s competition chief, is in the final stages of ruling on the case. In addition to a fine of at least $1.2…
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…
