An estimated €177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, according to the latest VAT Gap study published by the Commission last week
Greece has failed to address its problems because the country’s elites have a vested interest in keeping things as they are
The EU has failed to send a strong and clear signal worldwide before the critical, upcoming climate negotiations leading to COP21 in Paris in 2015
Measure presented by New York University’s Stern school says banks of the eurozone΄s core are more risky than those of the periphery
Costco has signed a deal with a Cretan producer to import olive oil every month to be sold through its megastores, according to several sources
Britain will not pay "anything like" the £1.7 billion which is being demanded by the European Commission in additional contributions to the EU budget, Prime Minister David Cameron has told…
Erol Incedal who admits having bomb-making documents but denies preparing for act of terror, told a London court he had travelled to Greece, India, New York and Bangladesh with members…
Under full capital rules, 36 EU banks would have flunked test. Data show countries applying new rules at varying speeds. Big banks under most pressure to adapt to Basel III…
You know, you live in Greece of strict austerity and surreal tax collection, when you can’t get a tax clearance even if your debt is just 0.37 euro
Austria’s finance ministers have repeatedly scolded fellow euro-area nations for not doing their “homework.” Now the Alpine nation was embarrassingly chided itself for its habit of creative accounting