Prodi said the EU’s anti-fraud unit, Olaf, did not function properly and he wants to set up a new watchdog in order to avoid a repeat of the Eurostat affair.
According to a report in the Financial Times, Prodi has full confidence in Franz Hermann Bruner, Olaf’s director general. But he believes the body was ‘too leisurely’ in investigating the Eurostat scandal and needs more power and autonomy.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements