New finance minister confirmed in Lithuania
Vilnius - Ingrida Simonyte was confirmed as Lithuania's new finance minister Friday. Simonyte, 34, has worked at the ministry since 1997. From 2002 she headed the tax department. She was appointed a ministerial undersecretary in 2004. ...
[Posted on :
2009-07-03 ] Category : [
Finance (General) ]
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Germany toughens up rules on tax havens
Berlin - Germany's parliament passed legislation Friday that increases taxation scrutiny of companies and private individuals who have business ties to tax havens. The bill, drafted by Finance Minister Peer Steinbrueck but later watered down by the g...
[Posted on :
2009-07-03 ] Category : [
Finance (General) ]
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World governing shows little improvement, World Bank says
Washington - The World Bank sees few signs of a positive trend in how people are governed, according to its annual report Monday on the quality of the world's ruling classes. The development bank's report also warned that a devastating financial cris...
[Posted on :
2009-06-29 ] Category : [
Finance (General) ]
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EU plans to release billions in assistance to Latvia
Brussels - After Latvia's passage of an austerity package, the European Union has announced plans to release an additional 1.2 billion euros (1.69 billion dollars) in emergency aid. The funding was part of a previously announced 3.1-billion-euro pack...
[Posted on :
2009-06-26 ] Category : [
Finance (General) ]
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