Category Archives: Eastern Europe

Staples Selling Its European Stakes

Staples has announced that it will be selling a controlling stake in its European business to the private equity firm Cerberus Capital Management LP. They will sell it for 50 million euros ($53.65 million). The European unit for Staples includes retail, contract and online businesses that are in 16 countries. They generate an annual sale…

Women Filling Freelance Jobs Across the EU

According to new research from IPSE, a body that represents self-employed people, women are taking over the freelance jobs across the EU. Today, there are 9.6 million independent professionals who work in the EU. This is 1.9 million more than in 2008 and out of this, freelancers account for almost 30% of all self-employed people….

Should We Stay or Should We Go?

In the discussion about whether or not Britain should stay in the EU, the Confederation of British Industry has joined with the 21 counterparts that are urging Britain to remain in the bloc. This means that there are as many as 2.5 million businesses behind the campaign urging them to stay. As business chiefs from…

The EU Court of Justice and Bitcoin

Last month, the EU Court of Justice deemed that Bitcoin transactions should not be subject to VAT. Bitcoin and its regulation has been a hot topic in 2015. New York State introduced the BitLicense and has seen quite a bit of backlash. As a result, many have been looking for alternative approaches. The BTC price…

More EU Students Coming to the UK

Interestingly, Ucas data shows that higher education providers in England have 20,430 EU learners from outside the UK. This is a 14% increase from the same point last year. This shows a significant acceleration, as the 2014-15 English universities EU recruitment was 8% higher than the year before that. As Nick Hillman, the director of…

EU Offering Aid to Bulgaria

The European Commission has proposed a grant to give Bulgaria EUR 10 million in aid for flood damage. The EU’s Economic and Financial Affairs Council is expected to approve of this proposal. The vote on the EUR 10 million aid package for Varna and Dobrich districts will take place on Friday, according to the Bulgarian…

Banning High Powered Hair Dryers & Other Appliances in the EU

If you live in the EU, you might want to grab that high powered hair dryer and hide it now. That’s because the hair dryer is on the list of 30 appliances that the EU is considering banning in order to curb energy consumption. A study that was commissioned by the EU has identified these…

200th Anniversary Commemorative Coin in Malta

The Central Bank of Malta will issue €2 commemorative coin marking the 200th anniversary of the creation of the Malta Police Force on Wednesday July 16th. The Governor of the Central Bank of Malta, Professor Josef Bonnici, presented the coin to the Acting Commissioner of Police, Raymond Zammit. At the Central Bank of Malta there…

Launch of New EU Financial Instrument and Advisory Service

A new EU financial instrument and advisory service has just been launched to help firms to access finance more easily. The agreement was just signed by European research, innovation and science commissioner Máire Geoghegan-Quinn on behalf of the EU in Greece. The goal, over the next seven years, is for InnovFin – EU Finance for…

Aman Group with Vladimir Doronin Moves Headquarters

In recent news for the Aman Group, they will be relocating their headquarters from Singapore to London, as Vladimir Doronin is now CEO of the company. In addition to founder Adrian Zecha turning over the reigns to Vladimir Doronin, Lisa Bovio will be the CMO and Carolyn Turnbill will be the executive director of global…