EU governments gave the go-ahead to the first official payment of around €4.2 billion to Ukraine under a €50 billion package of loans and grants to support the country’s reconstruction. They deemed Ukraine to have met nine conditions in a set of reforms covering “public finance management, governance of state-owned enterprises, business environment, energy and … Read more
“One of the fundamental principles of the EU is that people are treated equally without any distinction based on nationality,” the Commission said in a statement. “EU mobile workers who contribute in the same way to the social security system and pay the same taxes as local workers are entitled to the same social security … Read more
Have you seen a loose card reader on an ATM or discolouration between the machine’s body and the card reader? According to the FBI, scammers increasingly use card skimming devices to collect credit or debit card data from the magnetic stripe when a card is swiped, costing consumers and banks almost $1 billion annually. Card … Read more
Cash or card? Target will no longer be accepting personal checks as a form of payment at its stores beginning later this month, the company confirmed. The Minnesota-based big-box retail chain will stop taking checks this month due to “extremely low volumes,” of such payments, a spokesperson told NBC Chicago. Target will no longer accept … Read more
The money won’t be used for reimbursements, as is normally the case with the UAF, but for direct purchases of kit like ammunition and aerial defense systems. A quarter of the amount will be used for purchases from Ukrainian industries. Countries had until 11 a.m. to voice their opinion, and none cast a negative vote, … Read more
Opinions expressed by Entrepreneur contributors are their own. Summer is just around the corner, and with it comes an influx of vacationers ready to explore new destinations. As the summer travel season begins, businesses operating within travel and hospitality must adopt robust strategies to manage the anticipated increase in transaction volumes and fraud risks. These … Read more
While the signals are now strong that Europe will agree to the U.S.-led proposal to leverage the future profits of the assets to issue a €50 billion loan to Ukraine, countries such as France and Germany fear their taxpayers will be on the hook if Kyiv can’t pay the loan back once the war is … Read more
Allegations of corruption around the so-called Vitals deal figured prominently in the work of the Maltese investigative journalist Daphne Caruana Galizia, who was assassinated in 2017. Caruana Galizia published extensive investigations into privatization deals brokered by the Muscat administration. Charges are also pending against Muscat, who was prime minister from 2013 to 2020, as first … Read more
Are there unintended consequences to European Union sanctions against Russia? While rocked initially by the restrictions, Russia’s economy has shown remarkable resilience. Europe, on the other hand, is facing a year of glacial growth. There are also growing concerns around the legitimacy of some of the embargoes being issued by Brussels, the adverse impact on … Read more
Lange denied that Krah’s office had retrieved documents with the classification level “restricted” via the trade committee. The “limited/sensitive” classification refers to sensitive content that is not necessarily subject to confidentiality. “Maximilian Krah has never received any EU Restricted documents” in the trade committee, Lange said. But Lange said the full extent of the scandal … Read more
