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A collection of 174 posts

EU Tax Transparency Rules Agreed

EU Tax Transparency Rules Agreed

On Tuesday, the EU agreed to new tax rules designed to increase the transparency of multinational companies with established operations in tax haven countries for the purpose of tax avoidance, but some NGOs say the rules don’t go far enough. According to the EU rules, such corporations whose worldwide

AI & Blockchain: European Investment Bank warns of EUR 10bn funding gap

AI & Blockchain: European Investment Bank warns of EUR 10bn funding gap

European investments in artificial intelligence (AI) and blockchain technologies are way behind Chinese and American investments. In a report related to such competition, the European Investment Bank (EIB) has concluded that the EU has an annual investment shortfall of up to EUR 10 billion. The EIB reports that China and

Digital Marketing Act Too Weak, say Member States

Digital Marketing Act Too Weak, say Member States

1 min read Uncategorized

Lawmakers in some of the most influential EU member states say the Union’s Digital Marketing Act (DMA), set to regulate the actions of tech giants like Amazon, Facebook, and Google, is simply too weak. A coalition of Germany, France and the Netherlands recently submitted a letter in which they

Plastics Study Singles Out 20 Polluters

Plastics Study Singles Out 20 Polluters

1 min read Uncategorized

Twenty companies are responsible for producing more than half of all the single-use plastic waste in the world, fuelling the climate crisis and creating an environmental catastrophe, new research reveals. ExxonMobil is the greatest single-use plastic waste polluter in the world, contributing 5.9m tons to the global waste mountain,

QR Code Covid Passes set to Debut

QR Code Covid Passes set to Debut

1 min read Uncategorized

Following extensive debate between the European Parliament and Council, lawmakers in Brussels have reached an agreement on QR code Covid certificates that will be valid for EU citizens across the Union beginning 1 July. Presenting such passes will indicate that travelers in Europe have been vaccinated, tested, or have recovered

New EC Proposal for Unified EU Corporate Tax

New EC Proposal for Unified EU Corporate Tax

Following two failed attempts in 2011 and 2016, this week the EU Commission presented its plans for the unification of the corporate tax rule book of member states. Decision-makers in Brussels decision intend to bring a halt to the race among EU member states to lower corporate taxes in their

Plan to Decarbonize Steel Production in Slovakia

Plan to Decarbonize Steel Production in Slovakia

1 min read Uncategorized

Slovakia now has plans for a drastic reduction of the emissions of its steel mill in the city of Košice, following Slovakia’s finance minister (and former PM) Igor Matovič’s high-level visit to the US owner of the facility, US Steel. The plan would replace the operation’s hydrocarbon-powered