European Central Bank to take more control of European Banks

Europe took a big step today when EU finance ministers, meeting in Brussels, agreed to put major banks in the euro currency zone under the supervision of the European Central Bank. The move will allow a euro-zone firewall fund to provide direct bailouts to banks, breaking the so-called doom loop in which national governments’ debt ratings […]

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Ireland and USA to sign Tax and Banking Disclosure Agreement

The US Government is entering into agreements with other countries in an effort to gather more information on the financial affairs of US persons around the world. The ultimate aim is to collect more tax from them. Ireland and the US are due to sign such an agreement before the year-end. The intention is to […]

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