Greece's new government: Can Greece become EU's 'most business-friendly' country? - by Symela Touchtidou

Greece will become "the most business-friendly country of the European Union", new Minister for Growth and Investments Adonis Georgiadis told Euronews on Monday.

Georgiadis has been given one of the most challenging jobs in Greece by newly-elected Prime Minister Kyriakos Mitsotakis: revive the country's economic growth.

But in an exclusive interview with Euronews, he appeared undaunted by the task ahead.

"We are going to reduce taxation and we are going to vanish bureaucracy. We will have a new legislation in August that will change almost all legislation, in order to make doing business in this country very easy," Georgiadis said.

"We want to say to everybody: "if you want to earn money and make business, now is time to come to Greece"," he added.

Plans to cut taxation have raised eyebrows in Brussels. Greece's former creditors send the message that fiscal policy should remain tight to achieve the agreed budget targets but Georgiadis is not worried: "The European Union wants to have a success in Greece. We will give success to the European Union.

We are proud to be Greeks, we are proud to be Europeans," Georgiadis said.

For the complete report go to:
https://www.euronews.com/2019/07/15/can-greece-become-eu-s-most-business-friendly-country 

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Germany: Social Democrats sign up to new Merkel-led German government - by Thomas Escritt, Michelle Martin

Germany’s Social Democrats (SPD) decisively backed another coalition with Chancellor Angela Merkel’s conservatives on Sunday, clearing the way for a new government in Europe’s largest economy after months of political uncertainty.

Two thirds of the membership voted“yes” to the deal in a ballot — a wider margin than many had expected. That means Merkel could be sworn in for a fourth term as early as the middle of the month, in a repeat of the grand coalition that has governed since 2013.

Read more: Germany Social Democrats sign up to new Merkel-led German government

Germany: EU relieved after Merkel clinches grand coalition deal - by Eric Maurice

Germany's Christian Democratic Union (CDU/CSU) and Social Democratic Party (SPD) concluded a coalition agreement on Wednesday (7 February), taking a step closer to ending a five-month long period of political limbo in Berlin.

The deal, under which the two partners will share what they considered as the most crucial ministries for themselves, will however to be approved by SPD members in the coming weeks.

Chancellor Angela Merkel's Christian Democrats will occupy the ministries of interior, defence, agriculture, economy and health.

The sensitive interior portfolio - with the management of migration policies - was expected to go to Horst Seehofer, the leader of the CSU, the CDU's Bavarian branch. Seehofer, a hardliner, has been one of the main opponents of Merkel's migration policy since 2015.

Peter Altmeier, one of Merkel's closest allies, and finance minister since September, was expected to become economy and energy minister.



The finance ministry has been attributed to the SPD, with Hamburg's mayor Olaf Schorf being the favourite for the post, also as vice-chancellor.



Social Democrats will also get the ministries of labour and social affairs, justice, as well as foreign affairs for Martin Schulz, Merkel's opponent in the elections last September.


Schulz meanwhile will quit the SPD leadership and be replaced by Andrea Nahles, the leader of the party's group in the Bundestag.

Read more:  EU relieved after Merkel clinches grand coalition deal

The Netherlands: New government under pressure over dividend tax ' corporate blackmail' claims

Rutte:"Being good to corporations is good for Holland"

MPs have called on prime minister Mark Rutte to explain the new government’s decision to scrap the tax on dividends for a second time, amid mounting reports that Shell and Unilever put pressure on the coalition negotiators.

The move to scrap the tax, which will cost the treasury €1.4bn and only benefit foreign firms, was not included in any of the party manifestos and has been condemned by opposition parties.

Broadcaster NOS reported earlier on Thursday that it had been told Anglo Dutch firms Shell and Unilever and two other companies had urged the new coalition to scrap the tax. ‘There was a real threat that a couple of bigger Dutch firms would go to London,’

NOS correspondent Ron Fresen said. Shell and Unilever have headquarters in both the Netherlands and Britain and both have been considering their position in a post-Brexit economy. Shell said on Wednesday it welcomed the new government’s decision.

It has campaigned for the tax to be scrapped for at least 10 years. Unilever has said it will decide by the end of the year whether or not to keep its dual headquarter structure. The company has also said that it is pleased with all measures which strengthen the Netherlands’ position as an international business centre. Jobs

Prime minister Mark Rutte has said repeatedly that the measure is needed to keep jobs and to make sure the Netherlands remains an attractive location for foreign firms.

However, leading economists and the government’s own macro-economic think-tank CPB have also questioned the move. During Thursday’s debate, GroenLinks (Greens) popular  leader Jesse Klaver said the government had laid itself open to being ‘blackmailed’ by big companies.

Read more: New government under pressure over dividend tax 'blackmail' claims - DutchNews.nl

The Netherlands: What to Expect from Right-Green Coalition in Netherlands – by Nick Ottens

The Green party in the Netherlands has agreed to start negotiations to form a government with the center-right
.
Coalition talks could take months. The four prospective ruling parties have many differences to bridge.

The Greens want to raise taxes on pollution; Prime Minister Mark Rutte’s liberals want to build more roads. The Greens want to shrink the income gap; the liberals want to cut high taxes and social insurance costs.

The Christian Democrats and liberal Democrats are close in terms of economic policy but miles apart on cultural issues. The former have called for a mandatory national service; the latter want to legalize certain drugs and expand euthanasia rights.

Nevertheless, there may be enough common ground for an accord.

The national broadcaster NOS compared the election manifestos of the four parties and found that they all favor comprehensive tax reform, including lower income tax rates.

They all want to invest in security. The Greens would prefer to spend more on developmental aid than defense, but, after decades of cuts and in light of (unfortunately) American pressure, higher military spending seems inevitable.

All four parties also want to spend more on elderly care and lower the health insurance deductible.

Read more: Nick Ottens What to Expect from Right-Green Coalition in Netherlands – Atlantic Sentinel