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Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10003850175
in the literature. Especially issues of bilateral VAT revenue clearing between EU countries, which arise from the … Commission's proposal, are highlighted. -- value added tax ; intra-EU trade ; bilateral micro clearing ; VAT fraud ; European …
Persistent link: https://www.econbiz.de/10003883042
Nowadays, it is widely believed that greater disclosure and clarity over policy may lead to greater predictability of central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the information provided by a Taylor rule model in which...
Persistent link: https://www.econbiz.de/10003872830
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national regional policy funds. The benchmark for the co-funding is that the EU bears 50% of total costs associated with … regional projects eligible for EU support. In some regions, however, the EU contribution has reached 85% of total costs. This … additionality degrees is largely in line with EU cohesion policy goals. Most notably, higher shares of EU funds are provided to …
Persistent link: https://www.econbiz.de/10003940115
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We examine the role of money in the policies of the ECB, using introductory statements of the ECB President at the monthly press conferences during 1999-2004. Over time, the relative amount of words devoted to the monetary analysis has decreased. Our analysis of indicators of the monetary policy...
Persistent link: https://www.econbiz.de/10003300988
The size of tax evasion and fraud appears to be increasing steadily in the EU. To a certain extent, the completion of … Single Market has further encouraged firms and households evasive behaviour in paying value added taxes in the EU Member …. This study primarily deals with the quantification of the VAT evasion and fraud in the EU. On the basis of the national …
Persistent link: https://www.econbiz.de/10011398040