Taxation: Study confirms billions lost in VAT Gap
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
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
The European Commission has state that it is not aware of the measure that appears to give a shockingly generous tax exemption for the consortium that has won the rights…
Paulo Nogueira Batista, Brazil’s International Monetary Fund representative has criticised the troika’s reform programme in Greece, calling it ‘excessive’ and an ‘attempt to run the country from the outside.’
The country’s lenders are clearly worried that the Greek government reverting to the bad old ways and once again politicizing its tax collecting arm. And with good reason.
Guy Verhofstadt’s membership of the board of the multi-billion Belgian investment firm Sofina is not his only extra-parliamentary source of income. Further investigation reveals that the conservative MEP and aspiring…
While Alexis Tsipras is considered a radical outsider by most of the mainstream European press with little hope of winning the presidency of the European Commission, he nevertheless succeeded in…
The agreement struck between the troika and the government not only includes a lot of fine print concerning new measures but also prepares the ground for new government commitments even…
An 85% drop in domestic demand since the beginning of the crisis has left Greek steelmakers reeling while energy costs far higher than those faced by European competitors prevent the…
The troika acted like a butcher rather than a surgeon according to European Parliament Committee; the European Commission is planning to loot social security funds; the historic Halyvourgiki steelworks (pictured)…
In a recent talk in Athens Philippe Legrain, a former economic adviser to the European Commission, admitted that European policies helped cause the crisis and were never designed to help…