The OECD warned on Friday (16 March) against the European Commission’s plan to propose a new tax next week targeting digital companies, arguing that it may cause economic distortion and raise business costs.
The new German Economy Minister Peter Altmaier will meet with senior US officials on Monday and Tuesday (19-20 March) to discuss the Trump administration's tariffs on steel and aluminium shortly before EU Commissioner Cecilia Malmström arrives in Washington, officials confirmed to EURACTIV.
After two years of recession caused by lower oil prices and western sanctions, Russia’s recovery benefits Vladimir Putin who is seeking a new term of office. However this improvement won’t last long without a structural reform. EURACTIV.fr reports.
The EU financial support to farmers, including to Spanish olive producers, does not distort trade, European Commission sources told EURACTIV.com in light of the rising tensions between Brussels and the US government over trade.
Despite the uproar following the publication of ‘sweetheart’ deals signed between member states and corporations, countries signed 2053 ‘secret’ unilateral tax agreements with companies in 2016, an increase of 64% compared to the previous year.
European regions support the idea of an ambitious EU budget with new own recourses and increase of the member states’ contribution, in line with a recent European Parliament report on the future of the EU finances.
The European Commission on Wednesday (14 March) proposed new measures requesting banks to raise more capital against loans turning ‘toxic’ and to develop a European market to sell ‘bad loans’ weighing down their books.
The European Parliament approved the appointment of Spain’s former minister of Economy Luis de Guindos as ECB vice-president but sent a warning signal to the member states to improve the nomination process.
The eurozone will never reach its full potential and may face a new crisis in the future without a fiscal capacity, Portugal's Prime Minister Antonio Costa told the European Parliament on Wednesday (14 March).