Europe

Monsanto accepts $66bn Bayer offer

Marriage between Bayer and Monsanto, giant seed, may be announced. As reported by the BBC website, after yet another revival of the German company that has put into the pot $ 130 per share, valuing the US group $ 66 billion, the leaders of American society have accepted the offer.

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Brexit deal has to be closed before 2019 elections

Brexit deal has not yet begun, but it already appears uphill, after the European Commission has appointed as negotiator few days ago, the former Belgian Prime Minister Guy Verhofstadt, the current leader of the liberals at the European Parliament.

In a tweet he said: "Brexit should be delivered before 2019, when EU politics enters into new cycle & the @Europarl_EN starts new mandate" and pointing out that if the UK wants to continue to have access to the common market, must also accept the freedom of movement of citizens, considering "inseparable" the four freedoms of movement of goods, services, capital and people.

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Draghi asks for more unit in EU

he EU countries should share sovereignty: it is the only way for men and women to make their voices heard in Europe in a global context; this is the key concept of the ECB Governor Mario Draghi, in a speech in Trento, where he received the Alcide De Gasperi prize, and he remember the need for the Old Continent will continue on the road to a stronger Union.

"National sovereignty – said Draghi – remains in many respects the key element of the government of each country. But for the challenges that transcend national boundaries the only way to preserve the sovereignty, is to make their voices heard in a global context, it is for us Europeans to share sovereignty within the European Union, which has functioned as a multiplier of our national strength ".

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Swiss job market: cautious optimism on employment

The labor market should remain stable in Switzerland in the next three months. It is the result of the analysis carried out by Manpower, according to which more than nine out of ten employers do not provide for changes in the number of jobs in the fourth quarter of 2016. Only 4 % are expecting to increase their staffing levels, while 3 % are anticipating a reduction.

“This relatively stable-but subdued-forecast may be due in part to the UK’s vote for Brexit, which is exacerbating political uncertainty and bringing the risk that the Swiss franc may rise further against the euro," noted Herbert Beuchat, interim director Manpower Switzerland, quoted in a statement.

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Ecological breakthrough: France will launch green bonds in 2017

France will launch, in 2017, the first round of green bonds that will finance environmental investments. The announcement came a few days ago directly from the Environment and Economy Ministers, Ségolène Royal and Michel Sapin.

The transaction, for "several billion euro" aims to support sustainable investment and was already announced in recent months by Prime Minister François Hollande. It will all be included in the next budget law.

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Group rogatory: Switzerland will hand over UBS Dutch client data

Switzerland will hand over to the Netherlands, on the basis of an application grouped, the data of a UBS Dutch client. Gathered at a public hearing yesterday, the Federal Court (TF) has disavowed the Federal Administrative Court (FAC), who had opposed last March.

In July last year, the Tax Division of the Netherlands had submitted a request for administrative assistance relating to the banking information of UBS. In its request, the Dutch tax authorities had not indicated the names of UBS clients involved, but only provided the criteria for their identification.

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Italy: new voluntary disclosure program on deck

Italy could reopen the voluntary disclosure, the resurfacing program to the funds held abroad illegally. The announcement was made by Economy Minister Pier Carlo Padoan, guest of the Italian talk show Porta a Porta.
The new window may, in fact, lead into national treasuries almost 4 billion (the first program ended at an altitude of 3.8). "We are studying the" mechanisms for a new return of capital, "said Padoan, who then added:" I’d settle for a fraction of the amount already recovered, I hope I can recover a bit less than 4 billion. "

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S&P: post-Brexit could be longer for UK economy

Standard & Poor’s warned Britain to keep their feet on the ground after the recent positive data on the economy across the Channel because the recovery could be short-lived after the Brexit.

"All the celebrations about the economic rebound in August and that in the end life is back to ‘business as usual’ could turn out to be just a mirage in the long term," the ratings agency said, as reported by the Financial Times online.

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