Eurostat claims that GDP up by 0.1% in the euro area and stable in the EU. How did they do it? Just look at Ireland and its tax avoidance economy. 15.7% growth in Q4. The worst is, to achieve this they are depriving most other EU nations of tax income. That is EU prosperity.
Finance
ITEP: Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Taxes
Hugely profitable tech company provides first look at how corporations are faring under new tax law Read here
EU politics
EU-OCS: France’s record fine for UBS
In the first of three reports on tax evasion in Europe EU-OCS explores France’s record fine against Swiss banking giant UBS in what the court called a case of fraud of ‘exceptional magnitude.’ Read here
Corruption
Larry Elliot: Is it time to break up the tech giants such as Facebook?
The United States has been promoting monopolies for decades. This has been supported by a perversion of free market economics: monopolies provide cheaper prices and thus benefit consumers. Maybe at the till, but what about […]
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