Women’s rugby: European Championship starts on Tuesday

Women’s rugby: European Championship starts on Tuesday

From Tuesday to Saturday, Belgium will host the “Four Nations” European Championships 15-aside women’s rugby tournament. The tournament will be played in both Waterloo and Brussels. The Belgian team is ranked 21st in the world, and is coached by Xavier Bossert and Renaud Labardant. Belgium will play against the Netherlands (which is 14th in the world rankings) in Tuesday’s semi-finals (at 8 p.m.) at the Pachy stadium in Waterloo. Prior to Belgium’s match, the other major clash, at 6 p.m, is the semi-final between Germany (20th in the world) against…

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EU, Mercosur close to trade agreement, EU Commissioner says

EU, Mercosur close to trade agreement, EU Commissioner says

European Trade Commissioner Cecilia Malmström said on Monday that the European Union (EU) and Mercosur – Argentina, Brazil, Paraguay and Uruguay – were very close to a trade agreement whereas the negotiations appeared to have stalled. “We are very close to a deal,” the Swedish commissioner said in response to questions on the state of the talks at a conference with Bulgarian citizens in Sofia. “I think the pending problems can be settled, but I cannot give you a date,” she added. She also said the prospect of elections in…

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Dutch multinationals withdraw financial centres from Belgium

Dutch multinationals withdraw financial centres from Belgium

In recent years, Dutch multinationals such as Heineken, Philips and Unilever have taken their corporate financial centres out of Belgium. Het Financieele Dagblad reports, on its Internet site, that in total more than €20 billion of such companies’ capital (share and other capital excluding debt finance) has been transferred to other locations. The investigation by the Dutch publication indicates that this trend is due to low interest rates. They serve to considerably limit the fiscal advantages derived from the deduction of notional interest. Notional interest was implemented in Belgium to…

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Finance Commission approves “cash for car” bill

Finance Commission approves “cash for car” bill

The Finance Commission of the Chamber of Representatives on Tuesday approved a bill on the mobility allowance, also known as ‘Cash for Car’. According to a conservative estimate by Finance Minister Johan Van Overtveldt, implementing the measure could reduce the number of cars in Belgium by 15,000. He also said an assessment would be conducted. The bill is one of the points on the Federal Government’s Summer Agreement. To fight against vehicle congestion, it offers the possibility to employees who have had company cars for a long time to give…

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