The EU’s top court has fined Luxembourg €375,000 for failing to implement a directive on whistleblowers into national law on time. The European Court of Justice issued a ruling against five countries on Thursday, imposing fines ranging from €375,000 on Luxembourg to €34 million on Germany.
This makes Luxembourg the EU member state with the lowest rate of female managers, followed by Croatia (23.8%) and Czechia (27.4%). Sweden (43.7%), Latvia (42.9%) and Poland (42.3%) had the smallest gap between genders, while Cyprus (+10.5 percentage points), Malta (+8.3 pp) and Sweden (+6.5 pp) witnessed the biggest improvement over the decade.
A new law (New Law) implementing the EU Directive on cross border conversions, mergers and demergers (Mobility Directive) entered into force on
More European defence is needed and EU countries should go ahead even if some of them don't agree, Luxembourg Prime Minister Luc Frieden told reporters on Thursday ahead of meeting other EU leaders in Brussels.
The European Union's highest court, the European Court of Justice, ruled that Germany, the Czech Republic, Hungary, Estonia and Luxembourg were too slow to incorporate new EU rules to protect insiders who expose fraud and abuse.
The EU Court of Justice on Thursday fined five countries for failing to adopt rules to boost protection for whistleblowers who expose fraud, tax evasion, data breaches and other misdeeds. The court handed a fine of 34 million euros ($36.
Zalando, Europe's biggest online fashion retailer, on Thursday criticised EU tech regulators for lumping it in the same group as Amazon and AliExpress, saying it should not be subject to as stringent provisions of the bloc's tech rules as the other two companies.
Gilles Roth, speaking at the Luxembourg Transfer Pricing Association’s launch event, also said that his country is ‘carefully considering’ the implementation of amount B
European Union (EU) investors are looking to make fresh investments in domestic equities by cutting their underweight position, said Macquarie in a note.
EU foreign ministers agreed to impose political sanctions against Rwanda and M23 rebels in DR Congo, though Luxembourg opposes sanctions against Kigali until Friday.View on euronews