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Merkel says EU-China investment agreement is mutually beneficial
German Chancellor Angela Merkel said on Friday that the EU-China investment agreement is mutually beneficial and win-win for both the European Union (EU) and China, hoping it can be smoothly ratified and take effect as soon as possible.
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Economic prospects for Europe start to look better
The European Commission has revised its economic forecast upward for the coming two years based on its accelerated vaccination program, a recovery fund that is set to take effect and a stronger global performance powered by China and the United States.
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EU's trade in goods returns to near pre-pandemic levels
The trade in goods between the European Union (EU) and the rest of the world saw a surge in March 2021, and the first quarter (Q1) showed signs of recovery to pre-pandemic levels, according to Eurostat, the EU's statistical service.
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EU launches zero pollution action plan
The European Commission on Wednesday unveiled an action plan to reduce pollution to levels that are no longer harmful to human health and natural ecosystems by 2050, when the EU aims to become climate neutral.
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FM calls for new chapters of mutually beneficial cooperation with Austria
China and Austria shall continuously open up new chapters of cooperation that is mutually beneficial, as the two countries celebrate the 50th anniversary of the establishment of diplomatic ties this year, State Councilor and Foreign Minister Wang Yi said on March 10.
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Europe's economy expected to rebound in H2: EU official
The EU finance and economy ministers agreed that fiscal support should not be withdrawn too early, while member states will have to adapt their policies at an appropriate time to ensure fiscal sustainability over the medium term.
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Importing/exporting within the EU
As a business trading in Europe, you can benefit from the EU Single Market and also from certain trade arrangements with other European countries.
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Taxes on parent companies and subsidiaries
If you have a parent company in one EU country and subsidiaries in another, you can eliminate possible tax issues (e.g. double taxation) on cross-border profit distributions between these companies.