Britain is going to reject the EU’s plans to curb tax avoidance. No innovation, NO productivity without the pressure of competition…..in Malta it works out being compliant as well Britain will reject plans announced in Brussels this week to combat industrial-scale tax avoidance by the world’s biggest multinationals, the Treasury minister responsible for tax policy has…
Day: June 22, 2015
Was it a mistake to bail out Greece in 2011 ?
It was a mistake to bail out Greece in 2011. Better to default on debt held by private creditors than leave European governments in the lurch. Europe’s governments and the IMF made an enormous mistake in bailing out Greece’s private creditors in 2010 and then overseeing a botched debt restructuring in 2012. In turn, the…