The European Union plans to introduce a tax on digital services even in the absence of a global accord on a so-called ‘web tax’, the Commissioner-designate for Economic Affairs Paolo Gentiloni was quoted as saying on Monday.
Trade wars will lead to recession and harm the whole world, European Council President Donald Tusk and French President Emmanuel Macron warned Saturday prior to the Group of Seven (G7) summit.
The head of Britain’s big business lobby on Monday urged companies to shift to “an emergency footing” as the prospect of a no-deal Brexit becomes more likely.
British Prime Minister Boris Johnson took power Wednesday with an array of issues looming large, from resolving Brexit amid growing uncertainty to managing an unfolding geopolitical crisis with Iran.
Italy’s coalition parties clashed on Wednesday over the election of Germany’s Ursula von der Leyen as the next president of the European Commission, in a vote that could endanger Rome’s hopes of securing a top job in the new EU executive.