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

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…

1 min read

EU launches legal action against UK

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…

6 mins read

Significant increase in the number of flights

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…

6 mins read

Apple won appeal over €13 billion against EU

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…

5 mins read

Facebook sued for $9bn in a tax court trial

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…

4 mins read