Country Report
Cyprus Tries, Again, to Move Ahead
The failure of UN negotiations aside, 2017 was a positive year of consolidation and growth for the Cypriot economy.
Western Europe
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Capital Raising & Corporate Finance
Digital Cities | Amsterdam Makes The Most Of Its Fintech Credentials
Despite Brexit, London has managed to hang onto its status as Europe’s leading fintech hub, but Amsterdam is sneaking up behind.
Economics, Policy & Regulation
Worst-Case Brexit Could Cost UK $65 Billion
According to a Cambridge Econometrics report a “hard Brexit,” in which the country would leave both the EU customs union and the single market, could cost the UK almost half a million jobs and about $64.7 billion in investment by 2030.
News
Ferrero Buys Nestle’s US Candy Business
With the Nestle acquisition, Ferrero has now become the third-largest confectionary company in the United States.
Economics, Policy & Regulation
French President Macron Takes Diplomatic Lead
The UK’s decision to leave the EU and the dwindling strength of German Chancellor Angela Merkel, who saw her party diminished in Germany’s recent federal elections, have given Macron a rare chance to bolster French influence.
Data
Countries With Most FDI In 2018
Overall global FDIdeclined last yearwith developed economies seeinga decrease in flows even asdeveloping economies saw an increase.
Economics, Policy & Regulation
Lego Expects More Profit After IP Win In China
An intellectual property (IP) rights’ victory in China for the Danish toymakerwill also give comfort to other Western consumer-goods companies struggling with similar issues.
Capital Raising & Corporate Finance
The Nordics Inch Closer Towards Cashless Societies
Cash is increasingly viewed by Nordic banks, businesses, and tax and financial regulators as outdated and inefficient.
News
Portuguese Finance Minister Moving To Eurogroup
In a comparison with the Portuguese soccer star, Portuguese finance minister Mário Centeno has been dubbed “the Cristiano Ronaldo of Ecofin."
Economics, Policy & Regulation
EU, Japan Trade Deal Defies Protectionist Wave
The deal sends a strong signal that two of the world’s major exporters still believe in the merits of open markets.
Economics, Policy & Regulation
Scandinavia | Taxing Time For Tesla
Norway's new tax plan could double electric-vehicle unit costs, and add as much as $9,975 to the retail price of the Tesla Model X.
News
Putting The Volt Into Volvo
The automaker's electric-car strategy includes plug-in hybrid and conventional hybrid technologies, as well as all-electric options.