Saturday 25. May 2013
Economy & Finances

Content:

The Ethical Challenge to Offshore Banking

Frank Turner SJ

unknownCyprus’s financial crisis has proved to be one special instance of a broader crisis of finance and of ethics.

An EU guided by an Ariadne thread

European Council

unknownIn Greek mythology, Ariadne gave a ball of thread to Theseus to unwind as he negotiated the Cretan labyrinth in order to fight the Minotaur. Following the thread back thus allowed her beloved to escape. A method not unlike that being used by Herman Van Rompuy.

Preparing to meet an unforeseeable future

European Commission

unknownThe EU attempts a ‘complex but not futile’ study of the trends and challenges facing Europe up to the year 2030.

Fighting over the EU Multiannual Financial Framework for 2014-2020

European Council

unknownAfter twenty-six hours of negotiations, the Heads of State and Government sealed an agreement on European Union finances for 2014 to 2020.

The Commission fails to mention cooperatives

European Commission

unknown160,000 cooperatives in Europe employ 5.4 million Europeans. The “Entrepreneurship 2020 Action Plan” seems to have been sidelined.

Phasing-out Fossil Fuel Subsidies

European Commission

unknownAs countries emerge from the economic crisis, the revenues that can be saved from removing inefficient fossil fuel subsidies can be redirected to poverty alleviation, health and education.

The European Commission challenges tax avoidance

Frank Turner SJ

unknownAn Action Plan of the Commission proposes essential elements of good tax governance.

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