U.K. Labour party would freeze corporation tax decrease

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The second largest U.K. political party by number of representatives in the Parliament, Labour, announced on Tuesday at its annual conference that it would freeze the corporation tax cut for the biggest companies to support small businesses. The party expects the increase in budget revenues by 340 million pounds from this measure in the first year after general election that will take place in 2015.
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Tue, 24 Sep 2013 11:44:05 GMT

Greece can allow foreclosures to meet creditors' requirements

Greek government is planning to allow foreclosures in the country after five years of ban on them to meet creditors' demands. In 2008 the government forbade banks to take away mortgaged houses from those who could not pay for their debts. Nowadays, at least 29% of Greeks cannot pay for their mortgages and this number is rising every year since

Tue, 24 Sep 2013 10:00:03 GMT

Lagarde wants to see more women in work

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