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Stories Tagged as

European Commission

Why Apple owes Ireland $14 billion in taxes

by Ellen Rolfes and Katie Reuther
Sep 13, 2024
In this week's "Make Me Smart" newsletter, we explain why Europe's highest court ruled Apple owed billions in unfair tax breaks. Plus, we explore ghost towns put up for sale and do the numbers on Chinese adoptions worldwide.
Apple's European headquarters in Cork City, Ireland.
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The EU wants Europeans to cut natural gas use 15% in case Russia limits supply

by Lily Jamali
Jul 20, 2022
Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.
The Nord Stream 1 pipeline brings Russian natural gas to Western Europe. The European Union is asking member nations to conserve gas to prevent a potential energy crisis.
Edouard Merlo/AFP via Getty Images
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Eurozone growth recovers

by Stephen Beard
Feb 15, 2018
Remember the eurozone debt crisis? At its height — only a few years ago — the bloc of 19 nations using the euro as its single currency — looked as if it might implode. Debt-ridden economies like Greece, Portugal, Ireland and even Spain came close to collapse. Today, everything looks much healthier. The latest figures from the […]
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European Union seeks to tighten up copyright laws

by Lewis Wallace
Sep 14, 2016
An effort to modernize Europe’s digital rules is controversial.
The European Commission's president, Jean-Claude Juncker, delivers a speech to the European Parliament in Strasbourg, France on Wednesday.
FREDERICK FLORIN/AFP/Getty Images
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EU orders Apple to pay billions of dollars in back taxes

by Kai Ryssdal
Aug 30, 2016
Apple got a massive bill for back taxes on Tuesday. The European Commission ordered the tech giant to pay back over $14 billion to Ireland, where Apple has its European headquarters. Apple, and the U.S. government, reacted angrily to the demand. The U.S. Department of Treasury has already accused EU officials of unfairly targeting large […]
People walk past a computer shop selling Apple products in Cork city centre, southern Ireland.
PAUL FAITH/AFP/Getty Images
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Why the US is on Apple's side in EU decision

by Reema Khrais
Aug 30, 2016
The US says the European Union is unfairly targeting American businesses.
The European Union has ordered Apple to pay billions to the Irish government.
Carl Court/Getty Images
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Europe goes after corporate tax avoidance

by Annie Baxter
Apr 12, 2016
The EU wants multinational firms to disclose tax and financial data on a country-by-country basis.
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Meet the woman leading the EU's case against Google

by David Brancaccio
May 4, 2015
Margrethe Vestager says Google is misusing its hold on the search market.
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BBC World Service

EU gives big banks $2.3 billion slap over rate rigging

by Chris Morris
Dec 4, 2013
The European Commission has hit a half dozen big banks, including Deutsche Bank and JPMorgan Chase, with a record $2.3 billion fine for colluding to rig two benchmark lending rates that set the price of money between banks
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EU officials investigate Apple over sales tactics: Report

by Stephen Beard
May 27, 2013
The European Commission is looking into whether Apple uses unfair tactics that hurt competition, according to the Financial Times.
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