Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Demanda das empresas por crédito abre o ano com alta de 19,3%, aponta Serasa Experian

22-2-2013 — /europawire.eu/ — A quantidade de empresas que procurou crédito cresceu 19,3% no primeiro mês de 2013 na comparação com dezembro/12, conforme apurou o Indicador Serasa Experian de Demanda das Empresas por Crédito. Foi a segunda maior alta para um … Read the full press release

Taxation: Commission refers Belgium to Court over discriminatory tax reduction for Walloon tax residents

Brussels, 22-2-2013 — /europawire.eu/ — Today, the European Commission has decided to refer Belgium to the EU Court of Justice over its discriminatory tax rules in the Walloon Region. Under the Walloon Decree of 3 April 2009 personal income tax can be … Read the full press release

HUGO BOSS sets new records for sales and earnings in 2012

Metzingen, 22-2-2013 — /europawire.eu/ — Double-digit growth in sales and earnings made 2012 the most successful year in the Company’s history to date. The final quarter contributed to this with substantial increases. “The positive business performance in 2012 has brought us … Read the full press release

EIB loan: Leoni develops new cable systems for future car generations

22-2-2013 — /europawire.eu/ — The global company Leoni AG has received a EUR 100m loan from the European Investment Bank (EIB) for its research work in the area of automotive electrical and electronic distribution systems. By using new materials and production … Read the full press release

Taxation: Commission refers France and Luxembourg to the Court of Justice over reduced VAT rates on ebooks

Brussels, 22-2-2013 — /europawire.eu/ — The European Commission has decided to refer France and Luxembourg to the Court of Justice of the European Union for applying reduced rates of VAT to ebooks. EU law is very clear on which goods and services … Read the full press release

Taxation: Commission refers Hungary to Court over tax exemption of pálinka

Brussels, 22-2-2013 — /europawire.eu/ — Today, the European Commission has decided to refer Hungary to the European Court of Justice for granting an exemption from excise duty to the production of fruit distillates (pálinka). Hungary exempts pálinka from excise duty when it … Read the full press release

Taxation: Commission takes the UK to Court over reduced VAT rate

Brussels, 21-2-2013 — /europawire.eu/ — Today, The European Commission has decided to refer the United Kingdom to the EU Court of Justice for its reduced VAT rate on the supply and installation of energy-saving materials. This measure goes beyond what is allowed … Read the full press release

February infringements package: main decisions

Brussels, 21-2-2013 — /europawire.eu/ — February infringements package: main decisions In its monthly package of infringement decisions, the European Commission is pursuing legal action against Member States for failing to comply properly with their obligations under EU law. These decisions covering many … Read the full press release

The Central Bank of Ireland: Research highlights positive experience of borrowers engaged in the mortgage arrears resolution process

Central Bank continues to urge for early engagement 21-2-2013 — /europawire.eu/ — As it prepares to seek views on the Code of Conduct on Mortgage Arrears (CCMA), the Central Bank of Ireland today (21 February 2013) released results of its independent … Read the full press release

Speech: Transatlantic Trade and Investment Partnership: Opening free trade negotiations with the United States

Karel De Gucht – European Commissioner for Trade Committee on International Trade (INTA) of the European Parliament / Brussels Brussels, 21-2-2013 — /europawire.eu/ — The importance of the agreement The word historic is often abused, used for each and every occasion. However, today … Read the full press release

State aid: Commission temporarily approves rescue aid for Crédit Immobilier de France

Brussels, 21-2-2013 — /europawire.eu/ — The European Commission has granted temporary approval to France, under the EU state aid rules, to provide Crédit Immobilier de France (CIF) with a €18 billion state guarantee. This guarantee is necessary to cover CIF’s urgent liquidity needs and … Read the full press release

Infineon Technologies AG: Segment Result in line with expectations; cost savings taking effect

Quarterly Report 21-2-2013 — /europawire.eu/ — Segment Result in line with expectations; cost savings taking effect  Q1 FY 2013: Revenue €851 million; Segment Result €44 million Outlook Q2 FY 2013: revenue expected to increase by a mid single digit percentage and … Read the full press release

LeaderSHIP 2020 – Ensuring future of shipbuilding in Europe

Brussels, 21-2-2013 — /europawire.eu/ —  Today the new LeaderSHIP 2020 strategy to increase the competitiveness of European maritime technology was presented by Vice President of the European Commission responsible for enterprise and industry policy Antonio Tajani, together with SEA Europe, the … Read the full press release

How to clear away doubts about the Euro

21-2-2013 — /europawire.eu/ — The EESC insists on the need for further integration and solidarity to transform the European Monetary Union into a genuine economic, political and social union. An important element in this process is an active role of the … Read the full press release

Unilever completes global Skippy sale outside of China

ENGLEWOOD CLIFFS, N.J., 21-2-2013 — /europawire.eu/ — Unilever today completed the sale of its global Skippy business to Hormel Foods, excluding the portion operated out of China, which remains subject to regulatory approval and is expected to close later this year. … Read the full press release

Joint statement by President Barroso and Vice President Rehn on the occasion of today’s trilogue agreement on the Two-Pack legislation on the economic governance in the euro area

Brussels, 21-2-2013 — /europawire.eu/ — Joint statement by President Barroso and Vice President Rehn on the occasion of today’s trilogue agreement on the Two-Pack legislation on the economic governance in the euro area Once legislation proposed by the Commission on the two-pack … Read the full press release

Banque PSA Finance announces that it has received the European Commission’s temporary authorization

21-2-2013 — /europawire.eu/ — On 11 February, Banque PSA Finance obtained the European Commission’s temporary authorization to use the French State’s guarantee to secure its debt issuance in the period from 1 January 2013 to 31 December 2016. The guarantee was … Read the full press release

Irish Presidency secures agreement on eurozone stability measures

21-2-2013 — /europawire.eu/ — The Irish Presidency has this morning helped broker an agreement on behalf of EU member states on new rules to stabilise eurozone economies. The new rules, the ‘Two Pack’, will improve budgetary and economic coordination among eurozone … Read the full press release

The Central Bank of Ireland: Launch of SEPA Information Campaign

21-2-2013 — /europawire.eu/ — The Central Bank of Ireland today announced the start of an information campaign counting down to the full implementation of the Single Euro Payments Area (SEPA) initiative on 1 February 2014.  SEPA will standardise credit transfer and … Read the full press release

Gamesa named a leader in sustainability by ‘The Sustainability Yearbook 2013’

21-2-2013 — /europawire.eu/ — Gamesa has been rated as Leader in its sector (renewable energy equipment) and has been named a “Gold Class” company in “The Sustainability Yearbook 2013” published by RobecoSAM in collaboration with KPMG. The Sustainability Yearbook analyses the … Read the full press release