All articles for the topic: revenue

URI: 
http://vocabulary.semantic-web.at/CBeurovoc/C2911

Example 15.07.16

Budget deficit, size of the public sector and majority voting

Jens Siebel (University of Siegen)

Introduction

EU must focus on getting better results from its spending

In its annual report on the EU budget published today, the European Court of Auditors (ECA) warns that the budget system is too focused on just getting funds spent and needs to place more emphasis on achieving results. As independent auditor, the ECA signed off the 2013 accounts of the European Union, but stresses that the management of EU spending is not yet good enough overall - either at EU level or in the Member States.

 

Google may face $6bn EU anti-trust fin

GOOOOHOOOOGLE Google’s anti-trust row with the European commission could turn into a case bigger than the one that cost Microsoft more than €2.2bn (£1.7bn), the outgoing competition commissioner warned on Tuesday.

In a dramatic change of position, Joaquín Almunia, the EC’s competition commissioner, told the European parliament that unless Google altered its offer to settle complaints, it could face a “statement of objections”, the formal path towards a fine that could equate to 10% of the company’s global revenue, or about $6bn (£3.7bn).

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