Jun 25, 2013

Merkel promises to aid families, no new taxes

Three months before nationwide elections, German Chancellor Angela Merkel promised no new taxes, a balanced budget, family-friendly policies and the ambitious goal of full employment as she presented her party platform Sunday. She cited globalization and demographics as the nation’s greatest challenges, pledging to ...

EU warns of duties on Chinese solar panels

May 30, 2013

EU warns of duties on Chinese solar panels

The European Union’s trade chief vowed Tuesday to tax Chinese solar panels next month in the largest EU commercial dispute of its kind, while urging China’s exporters to boost prices in return for an eventual end to the tariffs. EU Trade Commissioner Karel De ...

EU summit ends banking secrecy

May 24, 2013

EU summit ends banking secrecy

European leaders on Wednesday targeted a yearend deadline to do away with banking secrecy, hoping to recoup €1 trillion in lost tax each year to help beat recession and unemployment. However, British Prime Minister and current Group of Eight chair David Cameron, backed by ...