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Ana Duato’s tax fraud acquittal overturned

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Europe Today

Which European countries have the most teenage entrepreneurs?

Around 69,000 EU entrepreneurs are under 20. The Netherlands and Italy lead the pack — a positive sign for Rome, amid gloomy youth employment rates.

Europe News

Euroviews. Opinion: Europe is subsidising its way into a deeper energy crisis

Energy crisis: Governments should replace blanket tax cuts and price caps with direct income transfers for vulnerable households, liquidity support and non-earmarked tax credits for exposed sectors, writes Judith Arnal, State Economist in Spain, in an opinion piece for Euronews.

France

French former hostage In Iran faces surreal tax troubles after release

Former French hostage in Iran, Benjamin Brière, said his release did not end his ordeal, as he struggled with taxes, benefits and reintegration back home.

Europe News

EU considering excessive profit taxes on oil and gas companies

The European Commission is considering taxing windfall profits, similar to the mechanism applied in 2022 during the natural gas crisis. The plea came from five EU countries, which also called for the tax to be expanded to foreign profits dealing with fossil fuels.

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Economy

Richest 0.1% hide more wealth than the poorest half of humanity owns

The world's ultra-rich have stashed around $2.84 trillion (€2.47tn) in untaxed offshore accounts, a figure that surpasses the combined wealth of the bottom 50% of the human population, according to a new report.

Business

NYC’s 'ghost' skyscrapers where the ultra-rich park their wealth

Billionaires’ Row, a cluster of luxury residential skyscrapers near the southern end of Central Park in New York City, is seemingly abandoned, according to estimates from established real estate firms.

Health news

WHO warns low taxes on sugary drinks and alcohol pose health risks

Low taxes, which are not in line with inflation, are ineffective in reducing alcohol or sugary drink consumption, the World Health Organization warns.

Business

Spanish start-up calls for shake-up of VAT refunds for tourists

After four decades of selling tourists “tax-free” shopping that is really a slow, partial VAT refund, Spanish fintech STAMP is campaigning to flip the model so non-EU visitors never pay the tax at the till.

Business

The 0.001% super-rich own triple the wealth of poorer half of humanity

From wealth hoarding and tax breaks for billionaires to unpaid care work and climate damage, the World Inequality Report paints a picture of an economic order tilted towards a tiny ultra-wealthy minority.

Business

Money talks, but is Spain listening? Unpacking Madrid's tax policy

As Europe doubles down on a competitiveness drive, experts warn that Spain’s tax policies could be hitting growth.

Economy

Alcohol prices in Europe: Which countries are the most expensive?

Alcohol prices differ widely across Europe, often because of taxes used to reduce alcohol-related harm.

Travel News

France could introduce a new €15 per passenger cruise tax

Following other European countries such as Greece and Norway, France is the latest to clamp down on cruise ships with a new tax proposal.

World News

Switzerland rejects compulsory service for women and tax for the super-rich

While the extension of compulsory service received less than 20 per cent support in many cantons, the debate on wealth tax centred on the attractiveness of the location and climate financing.

Bulgaria

Thousands protest new budget plans in Bulgaria ahead of final approval

Thousands of protesters staged a major demonstration outside the parliament building in the capital, Sofia, to denounce the steep taxes announced in next year’s budget draft. Protesters formed a human chain around the building to prevent MPs from exiting.

Economy

UK budget: Record-high tax measures see positive market reaction

Britain's Chancellor of the Exchequer Rachel Reeves announced tax-raising measures, including new duties on high-value properties, dividends, and savings, in the state budget presented on Wednesday.

Travel News

What England’s new tourist taxes could mean for visitors

A new proposal would allow tourist taxes on overnight stays in the UK, bringing English cities in line with others across Europe.