GenevaLunch » EU

Myanmar/Burma sanctions: EU lifts most

Ellen Wallace — Mon, 23 Apr 2012 12:28:55 +0000

GenevaLunch.com GENEVA, SWITZERLAND – An arms embargo will remain but other sanctions against Myanmar/Burma have been lifted by the European Union, to take effect the week of 30 April, the EU announced 23 April.The easing comes as a result of the Burmese parliament re-opening and other signs that the repressive regime is serious about opening up [...]

Myanmar/Burma sanctions: EU lifts most © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swiss decision on quotas for EU-8 States is 1st step

Ellen Wallace — Thu, 19 Apr 2012 12:29:40 +0000

GenevaLunch.com Longer term solutions sought. to absorb immigrants BERN, SWITZERLAND – The Swiss government’s announcement late Wednesday 18 April that it will temporarily cap the number of workers allowed from the European Union-8 States, has prompted several reactions outside the country, which reflect a mix of concerns. But within Switzerland it’s the additional measures to seek [...]

Swiss decision on quotas for EU-8 States is 1st step © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Leap year adds a smile to Swiss exports

Ellen Wallace — Thu, 22 Mar 2012 10:22:19 +0000

GenevaLunch.com BERN, SWITZERLAND – Swiss exports rose slightly in February and imports fell, but the picture is not as rosy as it seems because the improvement is largely due to Leap Year. Exports rose by 1.2 percent for the month, compared to a year earlier, but when adjusted for the additional day in 2012, they fell [...]

Leap year adds a smile to Swiss exports © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

WTO upholds Boeing decision, outcome remains unclear

Ellen Wallace — Tue, 13 Mar 2012 18:43:01 +0000

GenevaLunch.com EU, Japan and US China officially open trade dispute with China over rare minerals GENEVA, SWITZERLAND – The seven-year old battle between the USA and the European Union over possible subsidies for Boeing appears no closer to resolution following Monday’s decision by the WTO (World Trade Organization) to uphold its previous decision that Boeing did [...]

WTO upholds Boeing decision, outcome remains unclear © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

EU financial transactions tax debate hits Brussels Monday

Ellen Wallace — Mon, 12 Mar 2012 12:45:04 +0000

GenevaLunch.com GENEVA, SWITZERLAND – A tax on European financial transactions is under discussion in Brussels Monday 12 March by European Union leaders, and although it doesn’t look like it will be adopted soon, the tax is sparking speculation about its potential impact. Switzerland’s parliament said in 2011 it would not adopt a similar tax, so the [...]

EU financial transactions tax debate hits Brussels Monday © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Parliament votes for Swiss-US tax treaty amendment

Ellen Wallace — Mon, 05 Mar 2012 21:45:45 +0000

GenevaLunch.com BERN, SWITZERLAND – The lower house of the Swiss parliament Monday 5 March voted strongly in favour of an amended US-Swiss tax treaty, 116-52, thus backing a vote by the upper house in December 2011. Some foreign media coverage of the vote implies that the treaty is designed to help out 11 Swiss banks under [...]

Parliament votes for Swiss-US tax treaty amendment © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Portugal passes muster for next funding round

Ellen Wallace — Tue, 28 Feb 2012 13:09:55 +0000

GenevaLunch.com Greeks bonds out as collateral GENEVA, SWITZERLAND – Portugal will get the nice euros 14 billion of the 78bn allotted to it as part of a european bailout package. The country’s spending cuts and ability to stay on target for reducing its debt were reviewed by a team that visited Monday, from the three agencies [...]

Portugal passes muster for next funding round © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swiss gov’t raises the ante for banks, other countries (update 2)

Ellen Wallace — Wed, 22 Feb 2012 19:32:38 +0000

GenevaLunch.com BERN, SWITZERLAND – The Swiss government announced the first phase of a strategy “for a credible, tax-compliant and competitive Swiss financial centre” Wednesday 22 February. The statement for the first time puts the emphasis on future offshore clients stating they are tax-compliant at home before an account will be opened. The Federal Council says it [...]

Swiss gov’t raises the ante for banks, other countries (update 2) © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

EC hails proposed deal to catch tax evaders between US and 5 EU gov’ts

Ellen Wallace — Thu, 09 Feb 2012 22:27:27 +0000

GenevaLunch.com Britain, France, Germany, Italy Spain: US citizens’ bank data in exchange for US reporting some of their citizens’ bank accounts Overseas Americans already caught in crosshairs GENEVA, SWITZERLAND – A proposed deal that is being hailed by the six countries involved as a step forward in their fight against international tax evasion ironically borrows from [...]

EC hails proposed deal to catch tax evaders between US and 5 EU gov’ts © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swiss nuclear reactors get EU resistance ok, but gov’t wants seismic checks

Ellen Wallace — Tue, 10 Jan 2012 15:53:35 +0000

GenevaLunch.com BERN, SWITZERLAND – A European Union team of specialists has given the all-clear to Switzerland’s nuclear reactors for resistance, reviewing them on 37 points established in the wake of Japan’s Fukushima accident in 2011, but he Swiss government says it wants further reviews on 8 additional points. The IFSN (Federal Inspectorate for Nuclear Safety) says [...]

Swiss nuclear reactors get EU resistance ok, but gov’t wants seismic checks © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.