Mobile phone users in Europe will soon be free to use their regular call, text and internet allowances anywhere within the EU at no extra cost under new rules which abolish data roaming charges across the union. As of Thursday June 15, all mobile network operators in Europe will be prohibited from charging additional fees for overseas use within the EU as part of continued efforts by the EU to forge a Digital Single Market across EU member states. It is free to use your phone in European countries as if you were at home. You will still pay your normal monthly or pay as you go bill, but you won't be charged extra for using your minutes, texts and data when you're on holiday.
Europe is home to approximately 4,200 fast growing, ICT scale-ups in 45 countries, collectively raising about $58 billion in funding. And the UK is far and away the leader, with 34% of the scale-ups - 1,412 - and capital raised 35% of the total available to scale-ups in Europe, followed by Germany, France and Sweden at a distance. This is what emerged from the latest SEP Monitor on Scale-up Europe presented by Mind the Bridge and SEP - Start-up Europe Partnership - at the Start-Up Europe Awards in Brussels.
Billionaire tycoon George Soros has warned the EU it is facing an 'existential crisis' and that Brexit talks could last five years. If, during the divorce negotiations, the EU manages to successfully reform itself and attract wider support from its citizens, the U.K. will want to keep its European membership, Soros told an audience in Brussels. "The divorce will be a long process taking as long as five years. Five years are a very long time in politics, especially in revolutionary times like the present," Soros noted.
MiFID II (Markets in Financial Instruments Directive II) aims to ensure financial stability in the European Union member states by improving accountability and transparency in the financial system. Just in few months it will be mandatory for every European Institution to comply with its regulations. Picking Alpha has talked to Karel Lannoo, CEO of CEPS, one of European leading think tanks on what markets can expect from MiFID II.
"Offshore", "tax haven" and more recently "Panama in the EU" are labels that Malta has done its best to shake off. The Institute of Financial Services Practitioners (IFSP) said on Thursday that the a series of “sensationalist” media reports in parts of the international tabloid press, referred to as the “Malta Files” contain several inaccuracies and false statements. “Maltese financial services practitioners operate within a legal and regulatory framework of the highest standards. Malta is a full member of the European Union and all its laws, including anti-money laundering rules, are fully aligned with European rules and best practice.
German Chancellor Angela Merkel on Sunday declared a new chapter in U.S.-European relations after contentious meetings with President Trump last week, saying that Europe "really must take our fate into our own hands." It was the toughest review yet of Trump's trip to Europe, which inflamed tensions rather than healing them after the U.S. president sparred with the leaders of Washington's closest and oldest allies on trade, defense and climate change.
The ECB kept its monetary policy unchanged. Though, strong economic recovery may encourage policymakers to start tightening monetary conditions. Do you share this point of view? At this point, we agree that the Euro zone's economy is strengthening. We have recently revised our forecast for this year, though I think the key point here is that the ECB has not really seen any reasonable signs of an economic recovery. We have seen a little bit stronger inflation earlier in the year due to energy effects; however, inflation is probably going to be lower this year than we thought six months ago. Even if the Euro zone economy is picking up steam, we certainly do not expect the ECB to start raising interest rates until 2019.
Greece's parliament has approved a new package of austerity measures needed to release the next instalment of its multi-billion-dollar bailout, as angry demonstrators protested outside parliament against the new round of austerity. The measures, which entail $5.4bn in cuts to be implemented in 2019 and 2020, were backed late on Thursday by all 153 members of parliament in Prime Minister Alexis Tsipras' ruling coalition after a fiery debate. The legislation was backed by all 153 deputies in Prime Minister Alexis Tsipras' left-led coalition. All 128 opposition lawmakers present in the 300-member parliament stood against the measures in a vote just before midnight.
Recent years have seen strong growth trends in the European corporate debt markets. This has provided a solid base for EHY to grow, becoming increasingly diversified with improved overall credit quality. Rather unsurprisingly, it is more appealing to investors as a result. With two full credit cycles since the late 1990’s behind it, the EHY sector is now an integral part of the global leveraged finance market. It may still be perceived as the smaller sibling of US High Yield, but that masks how fast it is growing and maturing.
At the beginning of October 2016, I wrote an article about the STOXX Supersector Europe 600 Basic Resources Index, and the possibility for this Index to start an intermediate uptrend. From that period we had an increase of about 36% until late February 2017, and now we are in a retracement window that started on February 22th with a drawdown of about -13%. To better understand the performance of this Supersector it is advisable to take into consideration the historical graph prices of the last twenty-seven years.
Benjamin Graham once said: "The essence of investment management is the management of risks, not the
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The event, reserved only to qualified investors, is aimed at private bankers, asset managers, famil
Only a little more than half a year is remaining until implementation of PRIIPs and MiFID II, and th
Lo Shipbrokers and Shipagents Dinner è uno degli eventi più importanti nel panorama mondiale della
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