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Finance ministers from the G20 countries will meet in Venice next month in hopes of agreeing a broad outline on new rules for worldwide taxation that would include a minimum tax on the world’s biggest companies.

EU struggles for unity on global tax drive

By: EBR | Friday, June 18, 2021

EU finance ministers worked Thursday (17 June) to find European unity on striking an international deal on taxation, with low-tax countries Ireland and Hungary needing cajoling to stay on board

“Europe shall not slip into a debt Union,” Blumel warned, adding that “creating debts is dangerous, even with low interest rates.”

Austria calls for return to strict budgetary rules

By: EBR | Thursday, June 17, 2021

Ahead of the Council meeting of EU finance ministers on Thursday (17 June), Austrian Finance Minister Gernot Blumel urged his European counterparts to return to strict EU budgetary rules

“By encouraging cleaner transport operations, it sends a clear signal and provides legal certainty to vehicle manufacturers and road hauliers for the next decade, as requested by industry, environmental organisations and other stakeholders.”

EU Council reaches agreement on road charging

By: EBR | Thursday, June 17, 2021

The Council of the European Union (EU), chaired by Portugal, has reached an agreement with the European Parliament to revise the rules on road charging, the so-called Eurovignette, to reduce emissions of polluting gases and infrastructure congestion

Renewable sources provide around 20% of EU energy in 2019. More than half of that is biomass, which the EU ranks as having a low carbon footprint since carbon dioxide emissions produced from wood-burning are partly balanced by CO2 absorbed by the trees as they grew.

EU eyes tighter rules for ‘renewable’ biomass energy

By: EBR | Thursday, June 17, 2021

The European Union is considering tightening rules on whether wood-burning energy can be classed as renewable and count towards green goals, according to a draft document seen by Reuters on Wednesday (16 June)

“Today is a truly historic day for our European Union. We successfully conducted the first funding operation for NextGenerationEU.”

Commission convinces markets with first issuance of recovery bonds

By: EBR | Wednesday, June 16, 2021

The European Commission raised €20 billion in the markets on Tuesday (15 June) to start financing the EU’s €800 billion recovery fund, beating its expectations for the planned monthly bond sale

"This Horizon Europe work programme will support European researchers, deliver top quality, excellent research and innovation, for the benefit of us all..."

Commission to invest €14.7 billion from Horizon Europe for a healthier, greener and more digital Europe

By: EBR | Wednesday, June 16, 2021

The Commission has adopted the main work programme of Horizon Europe for the period 2021-2022, which outlines the objectives and specific topic areas that will receive a total of €14.7 billion in funding

“Healthcare, in particular, has been a corruption hotspot as governments struggled to manage the COVID-19 pandemic,” Transparency said in its annual report of people’s experiences and perceptions of graft in the EU.

COVID crisis worsened corruption in EU: watchdog

By: EBR | Tuesday, June 15, 2021

The pandemic has worsened corruption across the European Union, Transparency International said Tuesday (15 June), with citizens at times needing personal connections to get medical care and some governments using the crisis for their own gain

"The final compromise text, agreed by EU countries on Friday, left some capitals unhappy with the bloc’s restrictive approach to gas while others refused to support it because it allows too much fossil gas into Europe’s future pipeline network."

Infrastructure dispute reveals deep divisions in EU over gas

By: EBR | Tuesday, June 15, 2021

The EU’s 27 energy ministers on Friday (11 June) came to an uneasy compromise on the revision of EU rules covering investments in cross-border energy infrastructure, the so-called TEN-E regulation

According to the EU’s “Farm to Fork” strategy, within the framework of the “EU Green Deal”, the primary goal of EU agricultural policy is to make it “sustainable”.

No CAP reform without trade reform

By: EBR | Tuesday, June 15, 2021

Negotiations to attempt to align the next phase of the Common Agricultural Policy (CAP) to the EU Green Deal drag on. Yet the goal of a truly sustainable European agricultural policy will only be achieved alongside a courageous trade policy

"Mankind will need to be clear-sighted and cautious when fashioning rules for these technologies."

The EU is coming into its own on global rules for the Digital Age

By: EBR | Tuesday, June 15, 2021

“There are the things we know and those we don’t know, and then there’s what we don’t know we don’t know”

The G7 are the United States, Canada, the UK, France, Germany, Italy, and Japan.

What is the EU doing at G7?

By: EBR | Tuesday, June 15, 2021

At the G7 round table, there are actually nine seats. At last week’s three-day G7 summit in Cornwall, two of them were taken by European Council President Charles Michel and Commission President Ursula von der Leyen

"The EU’s “TEN-E” rules define which cross-border energy projects can be labelled Projects of Common Interest (PCI), giving them access to EU funds and fast-tracked permits."

EU countries agree to prolong funding for selected gas projects, with caveats

By: EBR | Monday, June 14, 2021

European Union energy ministers on Friday (11 June) agreed to prolong EU support for some cross-border natural gas projects, despite a push from 11 countries and the European Commission who said such funding should end to comply with climate change goals

President von der Leyen reminded of the EU’s economic response in 2020, and a number of measures of fiscal support taken to remedy the fallout of the COVID-19 pandemic.

G7 Summit: President von der Leyen outlines key EU priorities

By: EBR | Monday, June 14, 2021

Ahead of the G7 Summit taking place from 11 to 13 June in Cornwall in the United Kingdom, President of the European Commission Ursula von der Leyen outlined the key priorities and initiatives the EU will present in meetings with leaders of world’s key economies

“A strategic approach taking into account the different timelines and legal requirements is warranted in every member state. EU funds can be used in a complementary way to support the similar objectives in the green and digital transition.”

EU’s building renovation wave hits administrative snag

By: EBR | Friday, June 11, 2021

Differing views within the European Commission on how the EU’s unprecedented recovery fund can be spent, and a rush to translate national spending plans from their original language, risk slowing down the EU’s building renovation wave, experts say

“We cannot open internal borders as long as the EU’s external borders aren’t fully closed.”

Austria sides with Denmark on controversial asylum law

By: EBR | Thursday, June 10, 2021

Austrian Interior Minister Karl Nehammer has welcomed Danish legislation to move asylum seekers to third countries as their application is processed

"Alexander Lukashenko is not the kind of man to let his mind be changed by sanctions, but the right sort of sanctions might change the minds of others, on whose support his regime depends."

Can EU Sanctions Change Lukashenko?

By: EBR | Friday, June 4, 2021

EU sanctions will not change Belarusian leader Lukashenko’s determination to cling to power, but they send an important signal. To avoid isolating ordinary citizens, the EU must combine sanctions with enhanced support for Belarusian civil society

"Denmark’s immigration minister, Mattias Tesfaye, whose father was an Ethiopian immigrant, appeared in Rwanda on an unannounced visit to the central African nation, which led to the signing of diplomatic agreements on asylum and political matters."

Denmark passes law to process asylum seekers outside Europe

By: EBR | Friday, June 4, 2021

Denmark on Thursday (3 June) passed a law enabling it to process asylum seekers outside Europe, drawing anger from human rights advocates, the United Nations and the European Commission

"The new law stipulates that multinationals with a turnover of more than 750 million euros from 2023 must disclose exactly how much tax they pay in each EU country."

Widespread division over new EU rules against tax avoidance

By: N. Peter Kramer | Friday, June 4, 2021

After five years of negotiations, EU countries have finally agreed on a law that requires large companies to be more open about the taxes they pay

“Renew Europe has had enough of the constant delaying tactics and playing for time”.

‘Deadline elapsed’: MEPs vow to sue Commission over failing to apply rule of law regulation

By: EBR | Thursday, June 3, 2021

The liberal Renew Europe group in the European Parliament pledged on Wednesday (2 May) to seek a majority in the legislative’s plenary sitting next week to sue the European executive for failing to apply a rule tying disbursement of EU funds to the rule of law situation in member countries

"Schengen is the largest free travel area in the world. It allows more than 400 million EU citizens and visitors to move freely."

VP Schinas: Schengen has become a symbol of what Europe stands for today

By: EBR | Thursday, June 3, 2021

Schengen has become a symbol of what Europe stands for today. It’s part of our model of society, of our European way of life. It’s in a way the jewel in our crown

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EU Actually

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