Austria To Levy Its Own Digital Tax
With the end of Austrian presidency at the bloc coming to an end, the EU failed to decide upon any tax scheme on digital revenues but that did not stop Austria to move forward with its own agenda.
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Greece Proceeds With Two Plans To Deal With Bad Loans
Greece is preparing parallely on asset protection scheme for cutting down on the pile “sour loans”.
Deutsche Bank’s Aim Is ‘Not To Maximize Earnings For One Or Two Quarters’
Arriving from the brink of collapse, and aiming for a “broader restructuring” would require two to three more year for Deutsche Bank.
‘Wave Of Privatisation’ Takes Off In France & Moves Towards ‘Planned Innovation Fund’
The Ministry of Finance in France, under the President’s wish, sells Engie’s stake and begins to “redeploy state funds locked up in companies”.
Blackstone & PIF of Saudi Arabia In An Infrastructure Investment Plan Of ‘$40 Billion’
New investment plan to “create well-paying American jobs” besides laying out “stronger long-term economic growth”.
Germany Will Not Sign Any Statement On ‘China’s Belt and Road Forum’ Without Equal Rights On Free Trade
Many diplomats see China’s ambitious plans of “Silk Road” as a tool to spread Chinese influence across the world, while Germany’s Zypries opposes China’s favouritism towards its own companies.
White House Hears The Strategic Plan Of Pentagon For Taking Down Islamic State
Iraqy force commander is confident to take back Mosul with the help of the U.S., while the later needs to decide whether to be on their side in this war or not.
