Monday

18th Dec 2017

Ticker

Markets signal confidence in Slovenia banks

Slovenia on Tuesday sold $3.5 billion of 10-year and 5-year bonds at lower rates than last May, its finance ministry said. The level of demand and rates indicates increased confidence in its banking sector, after the government in December agreed to inject €3bn ($4bn) of capital into three state-owned banks.

EU set to probe Ikea tax affairs

Swedish founded furniture retailer Ikea has reportedly been targeted by the European Commission, which is set to launch an investigation into how tax schemes in the Netherlands allegedly enabled it to avoid paying into public coffers.

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