Mrs May will head to Brussels for her first European summit since losing her Commons majority in the general election.
It comes the day after measures to enable Brexit dominated the Queen’s Speech and with the Conservatives still trying to secure the Commons support needed to pass their programme.
Mobile phone users in Europe will soon be free to use their regular call, text and internet allowances anywhere within the EU at no extra cost under new rules which abolish data roaming charges across the union.
As of Thursday June 15, all mobile network operators in Europe will be prohibited from charging additional fees for overseas use within the EU as part of continued efforts by the EU to forge a Digital Single Market across EU member states. It is free to use your phone in European countries as if you were at home. You will still pay your normal monthly or pay as you go bill, but you won’t be charged extra for using your minutes, texts and data when you’re on holiday.
Supporters of "hard" and "soft" Brexit tried to take advantage of the political chaos in Britain on Monday to promote their visions amid fears that their rivalry could revive old divisions in the Conservative Party.
Prime Minister Theresa May is in a weakened position after losing her parliamentary majority in last week’s snap election, leaving her vulnerable to both hardliners and moderates in her party.
Europe is home to approximately 4,200 fast growing, ICT scale-ups in 45 countries, collectively raising about $58 billion in funding. And the UK is far and away the leader, with 34% of the scale-ups – 1,412 – and capital raised 35% of the total available to scale-ups in Europe, followed by Germany, France and Sweden at a distance.
This is what emerged from the latest SEP Monitor on Scale-up Europe presented by Mind the Bridge and SEP – Start-up Europe Partnership – at the Start-Up Europe Awards in Brussels.
Switzerland is supporting free trade and globalization as the means to make the Swiss economy more prosperous and intends to extend the number of such agreements in the near future, Joerg Gasser, Switzerland’s State Secretary for International Financial Matters at the Federal Department of Finance (FDF), told media on Friday on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
Billionaire tycoon George Soros has warned the EU it is facing an ‘existential crisis’ and that Brexit talks could last five years. If, during the divorce negotiations, the EU manages to successfully reform itself and attract wider support from its citizens, the U.K. will want to keep its European membership, Soros told an audience in Brussels.
"The divorce will be a long process taking as long as five years. Five years are a very long time in politics, especially in revolutionary times like the present," Soros noted.
The Swiss asset managers were amongst the first firms to start engaging with Malta as a fund domicile and currently over 20% of our clients are Swiss fund managers and it is increasing year on year.
MiFID II (Markets in Financial Instruments Directive II) aims to ensure financial stability in the European Union member states by improving accountability and transparency in the financial system. Just in few months it will be mandatory for every European Institution to comply with its regulations. Picking Alpha has talked to Karel Lannoo, CEO of CEPS, one of European leading think tanks on what markets can expect from MiFID II.
