“Unprecedented squeeze on public finances will continue into 2017”, says leading public sector think thank.
 
“Audit and financial management adding public value” was the theme of ACCA’s (the Association of Chartered Certified Accountants) third international public sector conference held recently in London.

According to the IRU Road Transport Indices, economic development and transport performance in OECD and EU countries will slow down and stagnate in 2012, following a feeble economic growth in 2011.

Geneva – The IRU Road Transport Indices, which allow the comparison of GDP growth, road freight transport volumes and new vehicle registrations in 58 countries*, forecast that the OECD and EU countries will be confronted with a considerable slow down of economic growth and transport activities after a year of feeble economic growth.

Greek haircut and saving programs alone do not solve the Euro problem and will result in continued credit crunch that may damage growth in Europe.
Europe’s 500, therefore, proposes an approach that ensures budget DISCIPLINE + LIQUIDITY at the same time and thereby improves the growth prospective in Europe. This means in summary:
• Creditor participation only for foreigners, citizens need to be able to rely on their own country bonds. 

Ausschreibung für achtwöchiges Trainingsprogramm für junge Journalisten

Parliament's Economic and Monetary Affairs committee last night approved a report by Olle Schmidt (Folkpartiet, Sweden) on the EU's Annual Tax report. The report focuses on the tax initiatives taken by the Commission during 2011 and on areas where further initiatives are necessary in order to improve the functioning of the Single market and to create a more competitive Europe. It focus on removing cross-border tax obstacles for EU citizens and businesses, as well as preventing tax fraud and increasing tax transparency.