Jorge Valero

Economy & Jobs 15-10-2020

Sassoli calls for ‘imagination’ to overcome budget negotiations deadlock

European Parliament President David Sassoli asked EU leaders on Thursday (15 October) to increase their financial contributions to the EU budget and called for “imagination” to make progress on the stalled negotiations.
Economy & Jobs 15-10-2020

Poland and Hungary score against Commission over taxes

The EU Court of Justice’s advocate general dismissed on Thursday (15 October) the European Commission’s appeal about Poland and Hungary’s tax regimes and recommended upholding the verdict in favour of the two eastern member states.
Economy & Jobs 15-10-2020

Budget battle heats up as negotiators hit stalemate 

The European Parliament and the Council failed to make any progress on Wednesday (14 October) on the budget negotiations and accused each other of presenting misleading figures of the additional funds requested for the EU’s long-term budget.
Economy & Jobs 13-10-2020

WTO authorises EU tariffs on $4 billion of US goods over Boeing dispute

The World Trade Organisation authorised on Tuesday (13 October) the EU to impose tariffs on US exports worth $4 billion in compensation for the subsidies given to Boeing by Washington. 
Digital skills 13-10-2020

Commission to give fresh push to social pillar in COVID times

The European Commission’s action plan to implement the EU Social Pillar will aim to bolster the protection of social rights following the lessons learnt from the COVID-19 pandemic, a  Commission official has said.
Economy & Jobs 02-10-2020

Dombrovskis announces new defense instrument against trade ‘bullies’

The European Commission's executive vice-president, Valdis Dombrovskis, told the European Parliament on Friday (2 October) that he will put forward a new mechanism to protect the EU from the coercive manoeuvres of trade partners like US and China.
Economy & Jobs 02-10-2020

McGuinness wants ‘full investigation’ into Wirecard scandal

The Commissioner-designate for financial services, Ireland's Mairead McGuinness, promised on Friday (2 October) a “full investigation” into the Wirecard fraud that has thoroughly shaken up Germany, to see why supervision failed.
Economy & Jobs 01-10-2020

Tax subcommittee chair: Donohoe is not ideal candidate to lead Eurogroup

Paul Tang has been elected chair of the new permanent tax subcommittee the European Parliament has created. In an interview with EURACTIV, the Socialist MEP said one of his key goals is to "crack down on tax avoidance", and he therefore wants to strengthen ties with national parliaments and get them involved in the fight against fiscal dumping in the EU.
Economy & Jobs 18-09-2020

No progress on EU’s long-term budget negotiations

EU member states and the European Parliament continued to disagree on Friday (18 September) on whether to increase the Union’s long-term budget, complicating attempts to reach a quick agreement on the badly needed recovery fund for the member states.
Economy & Jobs 18-09-2020

It is optimistic to expect recovery funds by mid-2021, says EU official

The approval process for the EU’s €750 billion recovery funds may take longer than foreseen, and it would be optimistic to expect the first disbursements by mid-2021, an EU official said on Thursday (17 September).
Economy & Jobs 17-09-2020

LEAK: Commission plans new revolution for “open finance” in 2022

The European Commission wants financial firms and other companies to share more customer data to create a “broader open finance space" with new services for citizens, according to a draft of the Digital Finance Strategy seen by EURACTIV.
Future EU 16-09-2020

Von der Leyen outlines path towards ‘new vitality’ in post-corona world

European Commission President Ursula von der Leyen pledged in her first ‘State of the Union’ address that Europe will lead the way towards a “new vitality” following the COVID-19 crisis, including a more “human” and greener economy.
Economy & Jobs 15-09-2020

Dombrovskis and McGuinness hearings scheduled for 12 October 

Commissioners-designate Valdis Dombrovskis and Mairead McGuinness will face their European Parliament hearings to take over Trade and Financial Services on 12 October, with EU lawmakers to decide on their nominations the following week.
Energy 14-09-2020

EU to withdraw free CO2 pollution credits to clear way for carbon border tax

The European Commission plans to withdraw free allowances given to polluting industries under the EU’s emission trading system (ETS) in order to clear the way for their inclusion in the bloc's upcoming carbon border adjustment mechanism, the EU executive's vice-president, Valdis Dombrovskis, said on Monday (14 September).
Economy & Jobs 11-09-2020

Big euro economies push for strong cryptocurrency rules

The finance ministers of France, Germany, Italy, the Netherlands and Spain called on the European Commission to include “strong rules” in its upcoming cryptocurrency proposal, in particular for global digital tokens like Facebook’s Libra.
Brexit 10-09-2020

Lagarde hopes for EU-UK deal in spite of ‘negotiation posturing’

European Central Bank President Christine Lagarde voiced hope on Thursday (10 September) that EU-UK negotiations on a post-Brexit trade deal will lead to a positive outcome, in spite of the “negotiation posturing” seen in recent days.
Economy & Jobs 10-09-2020

LEAK: EU to create ‘superbody’ of watchdogs to oversee digital currencies

The EU will set up a new college of supervisors, including national and European authorities, to oversee “significant” digital currencies including Facebook’s Libra, according to the European Commission’s cryptocurrency draft proposal seen by EURACTIV.
Cities & regions 09-09-2020

Valencia mayor: We are ready to become testing ground for innovation in Europe

Valencia is one of the dozen finalists in the race to become the 2020 European Capital of Innovation. In an interview with EURACTIV, its mayor, Joan Ribó, defended their mission-oriented proposal to overcome the biggest challenges of our period, bringing on board political parties, the civil society and the scientific community.
Economy & Jobs 08-09-2020

Finance ministers to discuss fiscal dumping inside the EU at Berlin meeting

EU finance ministers will discuss how to combat harmful tax practices within the EU during their informal meeting in Berlin this weekend, according to the German presidency's preparatory documents seen by EURACTIV. 
Economy & Jobs 08-09-2020

Von der Leyen proposes McGuinness as financial services Commissioner 

European Commission President Ursula von der Leyen proposed on Tuesday (8 September) Ireland's Mairead McGuinness to become financial services Commissioner, taking over from executive vice-president Valdis Dombrovskis, who will assume the trade portfolio vacated by Phil Hogan.
Economy & Jobs 08-09-2020

Parliament wants to top up EU budget with €110 billion

The European Parliament on Monday (7 September) requested a €110 billion increase to the EU’s seven-year budget and legally binding commitments on the introduction of new levies to finance the bloc's €750 billion stimulus against the COVID-19 crisis, EURACTIV has learnt.
Economy & Jobs 18-08-2020

Economy agenda: Recovery and taxation to dominate the EU’s priorities

The implementation of the EU’s recovery fund and taxation will dominate the second half of the year, as both issues will top the German presidency agenda, and new resources are needed to finance the stimulus package to respond to the coronavirus crisis.
Economy & Jobs 17-07-2020

The Brief – Ursula needs a ‘State of the Fusion’

Ursula von der Leyen is already starting to prepare her first ‘State of the EU’ address, due in the autumn. She is not the first leader to face an economic downturn or be in urgent need of a way to lift the morale of crisis-hit citizens or catch up in the technology race.
Economy & Jobs 10-07-2020

Michel gives control to member states to facilitate recovery fund deal

European Council President, Charles Michel, proposed on Friday (10 July) to give more control to member states over the recovery funds to overcome Northern member states’s opposition to the ambitious stimulus.
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