Parliament is prepared to take legal action should the Commission delay the application of the budget’s Rule of Law conditionality mechanism any further. In a resolution adopted on Thursday by 529 votes in favour, 148 against and 10 abstentions, MEPs recall that the failure of member states to respect the rule of law may affect […]
Taxation: Council adopts new rules to the digital platform economy starting from 2023
The Council adopted new rules to improve administrative cooperation in the field of taxation and address the challenges posed by the digital platform economy. A large and growing number of individuals and businesses use digital platforms to sell goods or provide services. However, income earned through digital platforms is often unreported and tax is not […]
Six European Regions awarded for their entrepreneurial vision of a sustainable recovery
Awarded by the European Committee of the Regions (CoR), this label of excellence goes to regions who have demonstrated outstanding entrepreneurial foresight and an intelligent growth strategy, taking into account larger societal challenges. Deeply affected by the crisis, the 2021-22 EER winning regions have shown the capacity to seize the crisis as a window of […]
Fit for Future platform: simplification and modernisation for businesses and citizens
The Commission’s Fit for Future Platform has now selected 15 initiatives with the aim of helping to simplify EU law, cut red tape for citizens and businesses, and ensure that EU policies respond to new and emerging challenges. These efforts will be part of the Platform’s first annual work programme to be adopted this month. […]
Stockholm receives European financing for central connection hub makeover
The European Investment Bank (EIB) provides SEK 4,000m (approx. €368m) loan for the renovation of the Slussen area in central Stockholm. The European Investment Bank (EIB) has signed a SEK 4 billion loan with the City of Stockholm to finance the renovation of the “Slussen” area in the city centre. The financing will be used […]
EU Tourism Ministers discuss future of the sector. Coordination and cooperation are essential
The Ministers of the 27 Member States participates in the first informal video conference of European Union Tourism Ministers under the aegis of the Portuguese Presidency of the Council of the EU. The need to reinforce coordination between Member States, on issues such as the movement of people and health, in the areas that have […]
Young Albanian entrepreneur wins Mediterranean award
Award for tour operator also reflects the efforts of the city of Berat to support the development of the local tourism industry. Erilda Krasi of 1001 Albanian Adventures, a tour operator based in the city of Berat, has won the third ARLEM Young Entrepreneurs Award, beating contenders from nearly two dozen other young, small businesses […]
New EU Consortium shaping the future of Quantum Computing
A project consortium which includes startups, industry, research centers, supercomputing centers and academia has come together to accelerate Europe´s Quantum leadership efforts. IQM Quantum Computers will bring the members of this project consortium together and lead this project as a system integrator. Europe has always been excellent in academic research, but over the past few […]
Financial Stability A Precondition For Social Welfare, Says Balz
Unstable economies lead to social problems, said leading EPP Group MEPs in today’s joint debate on the 2016 European Semester which took place in the European Parliament’s plenary session. “This European Semester report introduces new social indicators that allow the monitoring of any imbalances in Member States that will undermine growth and job creation. This […]
German Ifo Takes A Dive In Icy February
Wake-up call. Global events have finally reached German companies’ boardrooms, writes Carsten Brezski, Chief Economist at ING-DiBa. At least this is one conclusion of today’s Ifo reading. Germany’s most prominent leading indicator, the just released Ifo index, dropped to 105.7 in February, from 107.3 in January; the third decline in a row and the lowest […]