Browse Tag

ireland

Rents up by 14.6%, house prices by 26.8% since 2010

1 min read

The FINANCIAL -- Between 2010 and the third quarter of 2011, house prices and rents in the EU27 followed similar paths. Since the third quarter of 2011, they have followed very different paths: while rents increased steadily throughout the period up to the third quarter of 2020, house prices have fluctuated significantly.…

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Rents up by 14.6%, house prices by 26.8% since 2010

1 min read

The FINANCIAL -- Between 2010 and the third quarter of 2011, house prices and rents in the EU27 followed similar paths. Since the third quarter of 2011, they have followed very different paths: while rents increased steadily throughout the period up to the third quarter of 2020, house prices have fluctuated significantly.…

EU launches legal action against UK

3 mins read

The FINANCIAL — The European Commission has today sent the United Kingdom a letter of formal notice for breaching its obligations under the Withdrawal Agreement. This marks the beginning of a formal infringement process against the United Kingdom. It has one month to reply to today’s letter. Brussels had warned Prime Minister Boris Johnson on…

Brexit violating international treaty will affect US-UK trade deal

3 mins read

The FINANCIAL — The UK has published a bill to rewrite parts of the withdrawal agreement signed in January 2020. The EU stated that this had seriously damaged trust and it would not be shy of taking legal action against the UK, but cabinet minister Michael Gove said that the UK had made it perfectly clear…

Significant increase in the number of flights

2 mins read

The FINANCIAL — Air travel demand in Europe is recovering from COVID-19 impact. Business aviation recovering faster than other segments and now only 9% below 2019 levels. Also, all-cargo flights are 4% above 2019 levels. Ryanair, announced it has restored over 60% of normal flight schedules from 1st August, following the successful resumption of its services at the…

Apple won appeal over €13 billion against EU

2 mins read

The FINANCIAL — The General Court of the European Union issued its judgment in the Apple State Aid case today (Wednesday 15 July 2020) annulling the European Commission Decision. In 2016 The European Commission concluded that Ireland granted undue tax benefits of up to €13 billion to Apple and it was illegal under EU state aid rules. The Irish…

Facebook sued for $9bn in a tax court trial

2 mins read

The FINANCIAL — The Internal Revenue Service have accused Facebook of deliberately “downplaying” the value of its assets as part of a scheme to pay less US tax. The IRS claims that Facebook owes more than $9 billion linked to its decision to shift profits to Ireland. Trial began in a San Francisco court on…