Marco Morelli: the  Banca Monte dei Paschi di Siena chief executive will see a large drop in his pay.  Photograph:       Bloomberg

The European Commission and Italy have agreed on a rescue of Italian bank Monte dei Paschi di Siena, outlining a draft plan that involves significant (...)

EU competition commissioner Margrethe Vestager. Photograph: EPA

The European Commission expects the State to make “material progress to implement recovery” of Apple taxes as soon as possible or it could risk being (...)

McDonald’s has been facing criticism over allegations it avoided more than €1 billion in taxes in Europe between 2009 and 2013.  Photograph: Rui Vieira/PA Wire

A European Union investigation into McDonald’s is entering its final stages after officials gathered information on whether the US fast food franchise(...)

EU Competition Commissioner Margrethe Vestager: last year’s record EU ruling against Apple’s tax arrangements with Ireland loomed large over her US  visit. Photograph: John Thys/AFP/Getty

EU competition commissioner Margrethe Vestager has used her first visit to the United States following the inauguration of Donald Trump to defend the (...)

In its appeal against the European Commission’s ruling that it owes the Republic €13 billion in  taxes,  Apple said its Irish branches carried out only “routine functions” and were not involved in the company’s profit-driving activities.  Photograph: Brendan McDermid/Reuters

Apple has alleged that the European Commission made “fundamental errors” as it ruled last year that the iPhone maker owed the Republic €13 billion in(...)

American Chamber of Commerce chief executive Mark Redmond at the Oireachtas Committee hearing on the Apple Tax ruling

There may be 13 billion reasons for wanting to accept the European Commission’s ruling that Ireland gave Apple illegal State aid but it would be a fal(...)

 Margrethe Vestager: the European commissioner for competition has restored some faith in the EU with her ruling regarding Apple. Photograph:  John Thys/AFP/Getty Images

Brussels has been accused of “bending the rules” in its pursuit of Apple for €13 billion in taxes it says should have been paid in Ireland. But in tru(...)

Margrethe Vestager in Dublin on Tuesday where she insisted the EU was not on a “witch hunt” against US companies. Photograph: Dara Mac Dónaill

European competition commissioner Margrethe Vestager has said she believes Apple owes Ireland virtually all of the €13 billion of back-taxes the EU h(...)

Margrethe Vestager at the European Commission representation to Ireland in  Dublin on Tuesday. Photograph: Dara Mac Dónaill

European competition commissioner Margrethe Vestager insisted on Tuesday that the EU is not on a “witch hunt” against US companies as it continues sta(...)

Margrethe Vestager: will seek to focus attention on  European Commission’s general approach to state-aid cases. Photograph: Eric Vidal/Reuters

European competition commissioner Margrethe Vestager will answer questions from members of an Oireachtas committee on Tuesday as she visits Dublin to(...)

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