Tax avoidance systems in EU member countries are to be investigated by EU. An investigation is to be conducted by the European Union on Ireland, Luxembourg and the Netherlands for allegations these countries gave multinationals favorable tax deals over and above the EU's anti-competition rules.
Tags: European Union
Germany seeking fast track process for EU banking union
Germany, in order to avoid a protracted legal process, is leading the way to find a compromise in the creation of the EU banking union.
European Union levy still not final despite legal opinion
Despite an European Council legal opinion, the EU maintains that the financial transaction tax issue is a misunderstanding.
EU agency to manage weak banks and deep debts to be set up post-German elections
The Bank Recovery and Resolution Directive for all EU members to recognize the Single Resolution Mechanism would be created after the German elections.
EU's policy on welfare needs fixing or UK will split- report
UK Prime Minister David Cameron said in an interview with a newspaper last September 6 that the country would be considering severing its ties with the European Union if stricter reforms were imposed on "welfare tourism".
Latest News
New policies are being instituted to make 'shadow banking' safer for market players, according to the European Union.
The European Union said it would study the possibility of using economic pressure to end the bloodshed in Egypt.
Google lost its proposal to delay the proceedings regarding a London antitrust case filed by Foundem.
China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.
William Hague said that he is calling for a reform in the European Union competences. UK foreign secretary, William Hague, called for a reform to decentralize power in the European Union for the benefit of all of its members, not just Britain.
The European Union weighs options regarding the military wing of Hezbollah as Britain persuaded its peers to blacklist the Shi'ite Muslim group's military wing.
Participants of the G20 summit held recently in Moscow expressed concerns regarding US Fed, China, and Japan.
The European Commission proposed the creation of a new agency that would close and revamp failed banks.
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
