foreigninvestment
The CMU is an initiative designed to create a single market for capital across the EU. It aims to get investment and savings flowing across member states for the benefit of citizens, businesses and investors. "The very existence of the CMU is like a power grid," said Rebecca Christie, Senior fellow at Bruegel, when she spoke to Euronews last month. "The EU needs better financing," she explained. "It needs smaller companies to be able to scale up and access funds, which have to come from somewhere." On Thursday, at an EU summit in Brussels, discussions about streamlined investment - the aim of ...
Euronews (English)
Stretched out along Dublin’s river Liffey is an expanse of glass office buildings. Sometimes referred to as the ‘Silicon Docklands’, the nickname points to the neighbourhood’s status as a corporate magnet. Major firms - famously Big Tech - have long flocked to Ireland, enticed by the country’s low level of corporation tax. Since 1997, the official rate has been held at 12.5%, although this changed in January with the arrival of a long-awaited reform. Along with around 140 other nations, Ireland introduced a 15% minimum tax rate on the profits of multinationals, a policy spearheaded by the Orga...
Euronews (English)
Sixteen years of negotiations are coming to an end as India is concluding a first-of-its-kind trade agreement with Switzerland, Norway, Iceland and Liechtenstein, reported Bloomberg. These countries form the European Free Trade Association (EFTA), which agreed to invest in India as part of a free trade deal, in exchange for easier access to the world's most populous nation, a market of 1.4 billion people. The unusual feature of this Free Trade Agreement (FTA) is that it comes with investment guarantees, however, how binding they are, is still a question for the final talks. According to the re...
Euronews (English)
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