Friday

29th Mar 2024

Ticker

Ireland wants OECD to secure taxation of US tech giants

Meeting in Paris on Tuesday, French president Emmanuel Macron and Irish prime minister Leo Varadkar admitted they had failed to reach an agreement on how to ensure US tech giants pay more tax in Europe. "Global companies that operate on the World Wide Web need a worldwide solution to taxation, and we'd like to see that through the OECD process rather than through the European Commission," Varadkar told RTE.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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