About: Ecofin

Economy & Jobs 12-03-2019

EU tax haven blacklist triples to include 15 countries

EU finance ministers approved on Tuesday (12 March) the addition of 10 more countries to the EU's blacklist of tax havens, which currently includes only five jurisdictions and aims to help prevent tax fraud or evasion.
Economy & Jobs 12-02-2019

Member states shield national vetoes on tax matters

A large majority of EU governments opposed on Tuesday (12 February) the European Commission’s proposal to end the unanimity required to pass legislation on taxation, saying they want to protect national sovereignty and avoid having decisions forced on reluctant countries.
Digital 04-12-2018

France and Germany backtrack on digital tax scope

France and Germany presented on Tuesday (4 December) revised plans for the EU's proposed digital tax reforms under which large firms would pay a levy only on advertising sales and not on total revenues, representing a significant reduction of the Commission's original scope.
Economy & Jobs 04-12-2018

EU reaches limited agreement to bolster economic and monetary union 

EU finance ministers concluded a deal on Tuesday (4 December) to bolster the region with new tools to save ailing banks and member states but postponed Europe-wide instruments to protect depositors or stabilise national economies.
Digital 06-11-2018

Stark divisions among member states in EU digital tax plans

EU finance ministers remain divided over a raft of issues in the European Commission's digital services tax (DST) plans after a meeting on Tuesday (6 November) drew attention to a plethora of challenges in reaching a consensus.
Digital 05-11-2018

Some countries ‘more comfortable’ with interim deal on digital tax, EU diplomats say

Some EU member states are likely to feel “more comfortable” with a temporary agreement on the EU’s digital tax plans rather than wait for international consensus, EU diplomats said on Monday (5 November), ahead of a meeting of EU finance ministers.

Ministers support giving more powers to EU watchdog to fight money launderers

The Ecofin Council “broadly” supported on Tuesday (2 October) the European Commission’s proposal to transfer more powers to the European Banking Authority to investigate alleged cases of money laundering in the EU.
Economy & Jobs 02-10-2018

Member states approve reduced tax for e-books and digital press

EU finance ministers reached an agreement on Tuesday (2 October) to allow willing member states to apply reduced VAT rates or even scrap taxes on electronic books and digital press.
Economy & Jobs 05-09-2018

Europe moves towards a common approach to regulate cryptoassets

European decision-makers and regulators are progressing towards an EU approach for dealing with cryptoassets, digital assets that use cryptography such as Bitcoin and represent a booming market still viewed with concern by financial supervisors.
Economy & Jobs 13-12-2017

Macron shifts focus away from eurozone reform to court Merkel

French President Emmanuel Macron, concerned that a divisive discussion over eurozone reform might undermine his broader European agenda, has begun prioritizing other areas of EU cooperation, French officials say.
Economic governance 06-12-2017

EU’s tax haven list leaves out member states and British territories

After intense negotiations, EU member states point their finger at 17 tax havens in a somewhat succinct blacklist that disappointed officials, MEPs and transparency activists. EURACTIV France reports.
Economy & Jobs 09-11-2017

Mr Altmaier goes to Europe

At the start of this week, Eurogroup and ECOFIN met in Brussels. Interim Finance Minister Peter Altmaier attended the meetings on behalf of Germany for the first time. The talks focused on the banking union, fiscal policy and the Paradise Papers. EURACTIV Germany has an overview.
Economy & Jobs 16-09-2017

EU agrees to draft proposal to raise taxes on internet giants

A majority of member states agreed to start preparing a new levy on digital companies to compensate for low-tax regimes that cost billions of euros to European governments.
Banking union 11-07-2017

Europe to improve disclosure of ‘bad loans’ for all banks

European authorities will prepare by the end of next year enhanced disclosure requirements on bad loans to all banks as part of an action plan to tackle the risk of non-performing loans (NPL).
Euro & Finance 30-01-2017

Italy ups spending on earthquake clean-up, despite Commission deficit request

The Italian government will start to increase spending on emergency funds this week to deal with the earthquakes that have struck the country, independent of a European Commission request to reduce its structural deficit. EURACTIV’s partner Milano Finanza reports.

Euro & Finance 06-12-2016

Member states support extension of Juncker Plan with EU funds

EU finance ministers on Tuesday (6 December) backed the European Commission’s proposal to expand the investment plan to mobilise at least €500 billion by 2020.
Euro & Finance 14-07-2016

The threat of populism must be a non-issue in decision to fine Portugal and Spain

Stability and Growth Pact rules must be applied to the letter if the eurozone is to keep any kind of credibility. Populism must not be used as an excuse to reward irresponsible budgetary policies, argues Friedrich Heinemann.
Euro & Finance 05-07-2016

Spain and Portugal braced for EU deficit verdict on 12 July

The Slovak presidency of the EU expects the European Commission to recommend sanctions against Spain and Portugal for breaching EU budget deficit rules this week, in time for a decision at the upcoming Ecofin meeting of finance ministers on 12 July.
Euro & Finance 25-01-2016

Diplomat: Dutch presidency will promote economic and environmental cooperation

The rotating Presidency of the Council of the EU fell to the Netherlands at the beginning of January 2016. EURACTIV France spoke to Ed Kronenbug, the Dutch envoy to France, about the EU's top priorities over the next six months. 

EU considers petrol tax to pay for refugee crisis

Germany’s Finance Minister Wolfgang Schäuble has floated the idea of a European petrol tax to finance the rising costs of the refugee crisis, which are eating into member states' budgets. EURACTIV France reports.

EU-Turkey €3 billion migrant deal blocked by Italy

Italy is blocking a European Union plan to provide Turkey with €3 billion in aid in exchange for a commitment to stem the flow of migrants into Europe, two European officials said yesterday (14 January).
Development Policy 06-11-2015

COP21 deal at risk over development aid ‘greenwashing’

Development aid commitments by European Union countries are at “increasing risk” of being greenwashed to meet climate finance promises to poorer nations that could be a “deal-breaker” for an international agreement to cap global warming later this month.
Development Policy 09-12-2014

FTT negotiations fall short of 2015 target

Diplomats from 11 EU member states had hoped to come to an agreement on the future European tax on financial transactions by today, 9 December. But talks failed due to disagreements over how the tax should be collected. EURACTIV France reports
Euro & Finance 08-12-2014

ECOFIN and the AMLD review

?The Council would be smart to embrace outsiders that can keep an eye out for irregularities in beneficial ownership information, writes Koen Roovers.

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