The EU Council agreed new rules governing excise duties on alcohol Thursday, paving the way for an improved business environment and for reduced costs for small alcohol-producing businesses.
EU legislation on excise duties on alcohol covers: Excise duties on alcoholic beverages – Specific provisions for locally produced products – Alcohol not intended for human consumption. Alcohol and alcoholic beverages are also subject to the common provisions for excise goods under EU law.
KfW tapped an October 2034 line on Tuesday, enjoying impressive demand for the €1bn trade after the strong performance of the Bund curve sent investors hunting for yield.
The Federal Open Markets Committee meeting on Wednesday delivered little in the way of surprises, making no changes to monetary policy but underlining the Federal Reserve’s willingness to support the US economy by boosting risk appetite in investors.
This week’s funding scorecard looks at the progress of Europe’s supranationals and agencies at the end of July.
The UK government looks ever more likely to create a new public sector bank focused on green infrastructure. Policy experts welcome the prospect of this, but there would be many choices to make over the structure and financing of the organisation.
At a consultation on Monday, Gilt-Edged Market Makers and investors were divided on the UK’s proposal for a new 15 year Gilt to be sold through syndication in September.
At the Extraordinary General Meeting of Jyske Bank held today, the motions set out in the agenda were finally adopted.
Fingrid OyjStock Exchange release 28 July at 11:30 EET