European Union Directives,Regulations and Laws. EU ruling could force Hungary into new budget cuts
Reuters Africa
The Luxembourg-based Court of Justice of the European Union said in a ruling dated July 28 that Hungarian tax laws, which allowed for recurring delays in the reimbursement of excess VAT for companies, went against the common EU directive on VAT. ...
See all stories on this topic »EU's Proposal to Implement Basel III Undermines Spirit
Wall Street Journal
Another charitable interpretation is that, like all EU draft legislation, it necessarily reflects only a gradual and piecemeal harmonization of the laws governing 27 countries. Loopholes can be closed under subsequent regulation. ...
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Thursday, 28 July 2011
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