The European Union and the United Kingdom are once again trying to resolve the unrest over the Northern Irish border. They are going around the table to alleviate the consequences of Brexit for, for example, the customer of the Northern Irish supermarket as much as possible.
EU moves towards putting tax pressure on multinational corporations
EU member states have agreed on a legislative proposal that requires multinationals to disclose their profit figures and how much tax they pay in each European country in which they operate. The rule should prevent tax avoidance.
Geely and Volvo to stay separate despite the common owner
Geely from China is not going to merge his car branch with the Swedish Volvo Cars. Earlier proposals to this effect have been reversed because the Chinese think that they are doing more wisely to continue as independent manufacturers. However, Geely and subsidiary Volvo will work more closely together in the areas of electric driving, software and the technology behind self-driving cars.
Cyprus attracts modern fintech companies: low taxes and favourable conditions are the keys to success
Cyprus is a desirable destination for startup and IT innovation companies. It is especially comfortable because of the tax program in effect to support the move and the well-developed banking infrastructure the island attracts fintech companies at the very heart of the new financial revolution.
Coming customs border makes lot of rumble in Northern Ireland
Dozens of trucks have to turn around. Days of delay in Northern Irish ports. Packages from Amazon that don’t arrive. Empty shelves in the Northern Irish supermarkets. Threats to inspectors.
Cyprus police tried tear gas at the anti-lockdown demos
Police say at least eight arrested in Nicosia protest against government corruption and coronavirus restrictions. Police in Cyprus have fired tear gas and used water cannon in rare skirmishes with protesters rallying against corruption and restrictions imposed over the coronavirus pandemic. Hundreds of protesters on Saturday gathered at a park in central Nicosia where they were surrounded by...
UK-EU lorry traffic seems to be back to Old levels
Lorry traffic between the United Kingdom and the European Union seems to have returned to the old level in February. That’s what BBC News writes based on initiates.
Belgian fishermen welcome back to British waters after obtaining new licences
Belgian fishermen are welcome back to British waters for the first time since the new trade agreements with the United Kingdom, according to Belgian Minister Hilde Crevits on Twitter on Saturday. The minister for Agriculture and Fisheries writes that the necessary licences have been granted to 17 of the 18 fishermen who catch their fish off the British coast.