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EU FISCAL RULES
India–New Zealand FTA to double India’s engineering exports to $280–300 mn in five yearsIndia's engineering exports to New Zealand are set to double in the next five years. A new free trade agreement grants zero-duty market acc...
India's shrimp exports surge past Rs 50k crore amidst US tariff challengesIndia's shrimp exports are projected to surpass Rs 50,000 crore this fiscal, marking a 13-15% increase after three years of stagnation. Thi...
EU Commission proposes 800-billion-euro defence planThe European Commission has proposed a new joint EU borrowing of 150 billion euros to enhance defence capabilities, within an overall 800 b...
India-EU trade talks: Tariffs, market access, regulatory clashes in focusEU leaders are set to urge India to lower tariffs on cars and alcoholic beverages and open up its market during European Commission Preside...
France plans 60 bln euro budget squeeze for next yearPrime Minister Michel Barnier told lawmakers on Tuesday he would reduce the budget deficit - which is set to reach 6.1% of GDP this year - ...
Thousands of demonstrators from Europe expected in Brussels to protest austerity measures in the EUThe rulebook, which has often proved difficult to enforce and has served as a source of tension, was suspended during the COVID-19 pandemic...
India seeks to settle WTO import duty dispute with EU on ICT goods through free trade talksFollowing a ruling of the World Trade Organisation's (WTO) dispute panel on April 17 that import duties imposed by India on certain informa...
Exports unlikely to be impacted by EU deforestation lawThe legislation seeks to prohibit products such as palm oil, coffee, cattle, cocoa, rubber, soya, timber, printing paper and derived produc...
Ireland may not want Apple tax, fears investment lossIreland allowed Apple to pay an effective corporate tax rate of 1% on its European profits in 2003 down to 0.005% in 2014, EU's Margrethe V...
Apple's $14.5 billion EU tax ruling: What you need to knowEU Competition Commissioner Margrethe Vestager said in an e-mailed statement that member states of the EU cannot give tax benefits to selec...
EU fiscal pact on Budget discipline blocked in GermanyGermany's opposition-ruled states have blocked the EU fiscal pact on Budget discipline in the Bundesrat, the upper House of Parliament.
- UK may be drifting towards exit from European Union without a plan
Without a coherent plan for going it alone, UK may be drifting towards its biggest strategic move in a generation: a disorderly exit from E...
- Will Greek elections decide future of Greece and EU itself?
Whether the Greeks elect left-wing Alexis Tsipras or a moderate committed to austerity will decide not just the future of Greece within the...
- EU to freeze funds for Hungary, send message on deficits
EU finance ministers are planning to freeze 495 million euros in aid to Hungary on Tuesday for failing to control its budget deficit, diplo...
- Euro zone under pressure as euphoria over bailout package dies
Euro dropped to 18-month low of 1.24 against dollar on fears that austerity measures might stifle economic growth. Greece crisis | Stocks: ...
- Eurozone finance ministers rule out joint stimulus package
Finance ministers from the European Union (EU) countries have ruled out a joint stimulus package to save the real economy but called for be...
- Scotch makers urge EU to take India to WTO on taxes
The Scotch Whisky Association (SWA) has urged the EU to launch WTO dispute settlement proceedings against India at the earliest, following ...