Wednesday

14th Nov 2018

Ticker

EU probes €1bn 'tax dodge' by Ikea

EU competition boss Margrethe Vestager is examining allegations that Swedish furniture maker Ikea dodged at least €1 billion in taxes over the past six years. Vestager confirmed to Bloomberg TV she is looking at documentation put forward by the European Parliament's Green group, and that her scrutiny is in “very, very early days". Ikea said recently its effective corporate income tax rate is just below 20 percent.

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EU to review animal welfare strategy

European Court of Auditors found there were "still some significant discrepancies between the animal welfare standards established in the EU legislation and the reality on the ground".

Opinion

Macron's 'European army': why is everyone talking about it?

Few people commented on one key point in Macron's statement: he did not justify the idea of a European army by the need to intervene in Africa, which would have been France's traditional approach. Instead, he invoked the Russian threat,

Merkel calls for 'real, true' EU army

Angela Merkel's much-anticipated speech to the European Parliament was brief and to the point. Her message: Europe is alone in the world, the EU should be more united on defence, but not on the economy.

Italy defiant on budget on eve of EU deadline

Italy would be committing economic "suicide" if it fell in line with EU rules, its deputy leader has said, in a sign that Rome has little intention of bowing to pressure ahead of Tuesday's budget deadline.

EU action on Hungary and Poland drowns in procedure

EU ministers' discussion on how to address rule of law issues in Poland and Hungary gets stuck on procedural issues, while Viktor Orban's government claims it is a target of the Brussels elite because of its anti-migration stance.

News in Brief

  1. Draft Brexit deal on London cabinet agenda on Wednesday
  2. EU proposes no visa for UK citizens after Brexit
  3. EU parliament 'deeply concerned' on Romania judiciary
  4. Macedonia's ex-PM flees to Hungary, seeks asylum
  5. Cyprus opens first new border crossings in eight years
  6. Putin's Austrian dance partner cancels Moscow visit
  7. Political deadlock over Sweden Democrat influence
  8. Court: Catalan referendum organisers must repay costs

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Latest News

  1. EU to review animal welfare strategy
  2. Macron's 'European army': why is everyone talking about it?
  3. Merkel calls for 'real, true' EU army
  4. Italy defiant on budget on eve of EU deadline
  5. EU action on Hungary and Poland drowns in procedure
  6. EU unable to fully trace €1bn spent on refugees in Turkey
  7. Romanian leaders trade jibes over upcoming EU presidency
  8. EU warns Romania not to abuse GDPR against press

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