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EU wants big companies to reveal national tax bills
ReutersBRUSSELS (Reuters) - Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance. Michel Barnier, the European...Tags: Apple Inc., David Cameron, International Organizations, G20, Starbucks Corp.
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EU lawmakers back French push to limit U.S. trade talks
Reuters* France pushing to exempt culture from talks with US * EU parliament has advisory role, veto over final deal By Claire Davenport and Robin Emmott BRUSSELS, May 23 (Reuters) - European Union lawmakers voted on Thursday to limit the scope of a...Tags: Lobbying, Contracts, Elections, Politics, International Organizations
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European money market funds face cash buffer rule: EU document
ReutersLONDON (Reuters) - About half of the European Union's trillion euro money market funds would have to set aside a chunk of cash under a proposed EU reform to make a run on a fund in rocky markets less likely. Money market funds (MMFs) hold short term...Tags: Financial Markets, Mutual Funds, Politics, Finance, International Organizations
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Bosnia under pressure to change if it wants EU membership
Reuters* Bosnia's EU prospects falling further behind * Brussels says can assist, facilitate where needed * Sarajevo needs to act or face consequences By Martin Santa BRUSSELS, May 23 (Reuters) - Bosnia is falling behind on commitments to human rights and...Tags: Human Rights, Bosnia and Herzegovina, Minority Groups, Politics, International Organizations
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EU's Barnier wants big companies to reveal national tax bills
ReutersBRUSSELS (Reuters) - Large companies should disclose how much tax they pay in each country where they operate, the European Commission's top regulatory official said, in the text of a speech to be delivered on Thursday. Michel Barnier, the European...Tags: Politics, International Organizations, U.S. Senate
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Set 15-year limit on firms' accountants, investors urge UK watchdog
ReutersLONDON (Reuters) - Pension and investment firms urged the UK's competition watchdog on Thursday to force companies to change accountants regularly, saying it must maintain its focus on the matter to prevent long contracts leading to risky complacency....Tags: Legal & General Group Plc, Investments, Investment Service, Accounting and Auditing, United Kingdom
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RPT-Shale gas, energy costs vex EU leaders
Reuters* Energy trade deficit is 400 billion euros * Shale gas complicated in EU, could weaken Russian position * Single energy market should improve cross-border flows By Barbara Lewis BRUSSELS, May 21 (Reuters) - European leaders will discuss plans to...Tags: E.ON AG, Energy, International Organizations, Russia, European Union
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Hopes rise for deal on delayed EU insurance rules
ReutersLONDON (Reuters) - The European Union is nearing a deal on long-delayed insurance rules that the bloc has touted as a regulatory benchmark for the world to follow, regulatory and policy officials said. The rules, known as "Solvency II", will seek to...Tags: Justice System, Germany, Finance, Politics, Economy, Business and Finance
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EU watchdog unveils caps for bank bonuses
ReutersLONDON (Reuters) - EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash. The headline figure was leaked last Friday,...Tags: Justice System, Politics, Banking, International Organizations, Lawyers
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EU draft bank rescue law would not shield big deposits
ReutersSTRASBOURG, France (Reuters) - A draft law that a group of European Union lawmakers voted for on Monday would shield small depositors from losing their savings in future bank rescues, but customers with more than 100,000 euros in savings when a bank...Tags: Germany, Laws, Elections, Finance, Cyprus
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EU law key to ending "too big to fail" banks - BoE's Tucker
ReutersBy Huw Jones and Claire Davenport LONDON/STRASBOURG, France, May 20 (Reuters) - A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator...Tags: Politics, Finance, Elections, International Organizations, Marketing
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EU finds time to tell restaurants how to serve olive oil
Reuters* EU bans refillable oil jugs, bowls from tables from Jan. 1 * Commission says move will protect consumers, boost hygiene * Critics say idea proves EU bureaucrats are out of touch By Charlie Dunmore BRUSSELS, May 18 (Reuters) - Critics ridiculed...Tags: Italy, Germany, Politics, International Organizations, European Debt Crisis
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