IWe are curious how the EU reacts to this, as it violates one of the EU’s Four Freedoms: The free movement of capital.
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Latvia to phase out shell company accounts in banking sector
EU politics
Global Finance: Auditing The Auditors
Recent audit failures are bringing new scrutiny to the dominance and business practices of the Big Four accounting firms. Read here
Economics
DeStatis – Germany: New orders in manufacturing in July 2023 -10.5% year on year
Germany seems to be going from one bad disappointing economic development to the next. New orders in manufacturing:July 2023 (in real terms, provisional):-11.7% on the previous month (seasonally and calendar adjusted)-10.5% on the same month […]
EU politics
Bloomberg: Spain´s notorious Supreme Court: Banks Win Mortgage Tax Reprieve
Thanks to the Catalan independence movement we are realising how politicised and reactionary Spain´s justice system is. Also see this Read here
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