Finance and Monetary Affairs in the EU

Latest news on economic and monetary affairs in the European Union.

Brussels wants EU VAT system adapted to 21st century needs — 12 December 2022, 23:36 CET

The European Commission proposed Thursday a series of measures to modernise and make the EU's Value-Added Tax (VAT) system work better for businesses and more resilient to fraud.

EU clearing, insolvency proposals to make capital markets more attractive — 12 December 2022, 23:06 CET

The EU Commission laid out plans Wednesday to make EU clearing services more attractive, harmonise some corporate insolvency rules and make it easier for companies to list on stock exchanges.

Bringing VAT rules to business realities of the 21st century — 08 December 2022, 22:04 CET

The European Commission published today proposals on the VAT in the digital age initiative. EuroCommerce Director General Christel Delberghe commented:

VAT in the Digital Age - guide — 08 December 2022, 18:52 CET

The European Commission proposed on 8 December a series of measures to modernise and make the EU's Value-Added Tax (VAT) system work better for businesses and more resilient to fraud by embracing and promoting digitalisation.

VAT Gap 2022 report - guide — 08 December 2022, 18:52 CET

The European Commission proposed on 8 December a series of measures to modernise and make the EU's Value-Added Tax (VAT) system work better for businesses and more resilient to fraud by embracing and promoting digitalisation.

EU Commission proposals on corporate insolvency and listing - guide — 07 December 2022, 22:42 CET

The European Commission put forward on 7 December measures to develop the EU's Capital Markets Union (CMU) including to harmonise certain corporate insolvency rules across the EU, making them more efficient and helping promote cross-border investment.

New Commission proposals to make clearing services in the EU more attractive - guide — 07 December 2022, 21:46 CET

The European Commission on 7 December put forward new proposals on clearing, corporate insolvency and company listing to make EU capital markets more attractive.

New EU rules to protect consumers from taking on too much debt — 06 December 2022, 22:13 CET

MEPs reached a provisional deal with the EU Council Friday on a set of new measures to protect consumers from credit card debt, overdrafts and loans unsuitable for their financial situation.

Consumers to get much-needed extra protections when taking out a loan — 02 December 2022, 21:53 CET

Consumers will get much-needed extra protections for a wide range of credit products, according to a final agreement reached today by EU legislators on long overdue revision of the Consumer Credit Directive.

Ukraine: Commission proposes to criminalise sanctions violations — 02 December 2022, 21:07 CET

As Russia continues its aggression on Ukraine, the European Union put forward Friday a proposal to harmonise criminal offences and penalties for the violation of EU restrictive measures.

Commission proposal to criminalise evasion of EU sanctions - guide — 02 December 2022, 20:53 CET

The European Commission put forward on 2 December a proposal to harmonise criminal offences and penalties for the violation of EU restrictive measures.

EU weighs up options for Russia to pay for its crimes — 30 November 2022, 23:16 CET

The European Commission presented the EU Council with a number of options Wednesday to make sure Russia is held accountable for the atrocities and crimes committed during its war in Ukraine.

Final green light for EU corporate sustainability reporting directive — 29 November 2022, 19:12 CET

European companies will soon be required to publish detailed information on sustainability matters, following final approval Monday of the corporate sustainability reporting directive (CSRD).

2023 European Semester: Autumn Package - guide — 23 November 2022, 17:15 CET

The European Commission launched on 23 November the 2023 European Semester cycle of economic policy coordination.

Brussels sets out economic guidance for tackling energy crisis — 23 November 2022, 17:15 CET

The EU Commission set out in its autumn 'semester' economic policy package Wednesday action to secure energy supplies, safeguard economic stability, and protect vulnerable households and companies.

Brussels boost for connected public administrations — 22 November 2022, 18:52 CET

The European Commission proposed Monday the setting up of a network of sovereign and interconnected digital public administrations to accelerate the digital transformation of Europe's public sector.

Interoperable Europe Act - guide — 21 November 2022, 23:06 CET

The European Commission adopted on 21 November the Interoperable Europe Act proposal and its accompanying Communication to strengthen cross-border interoperability and cooperation in the public sector across the EU.

EU reaches agreement on its 2023 annual Budget — 16 November 2022, 18:27 CET

The European Parliament and Council reached agreement Tuesday on the EU budget for 2023, promising significant funds to mitigate the severe consequences of Russia's war against Ukraine.

EU issues EUR 6 bn green bond, 2.5 bn for Ukraine — 15 November 2022, 23:10 CET

The EU Commission issued a further EUR 8.5 bn Tuesday, EUR 6 bn through a green bond for its recovery programme and EUR 2.5 bn to support Ukraine following Russia's war against it.

High energy prices, inflation from Russia's war take toll on Europe's economy — 14 November 2022, 17:51 CET

The EU's economy faces a weaker outlook in 2023, says its autumn economic forecast, as it reels from soaring energy prices and rampant inflation caused by Russia's war of aggression against Ukraine.

Brussels proposes 'stable and predictable' EUR 18 bn Ukraine support package for 2023 — 09 November 2022, 18:13 CET

The European Commission set out Wednesday an unprecedented support package for Ukraine of up to EUR 18 billion for 2023, in the form of highly concessional loans, disbursed in regular instalments.

EU proposal for 2023 Ukraine support package - guide — 09 November 2022, 18:05 CET

Following the European Council meeting of 20-21 October 2022, the Commission proposed on 8 October an unprecedented support package for Ukraine of up to EUR 18 billion for 2023. This will come in the form of highly concessional loans, disbursed in regular instalments as of 2023.

Brussels signals safer, more convenient instant payments — 27 October 2022, 18:57 CET

The EU Commission published plans Wednesday to make instant payments in euro a safer, more affordable, and convenient payment option for consumers.

Commission proposal to promote euro instant payments — 26 October 2022, 22:39 CET

The European Commission adopted on 26 October a legislative proposal to make instant payments in euro, available to all citizens and businesses holding a bank account in the EU and in EEA countries. The proposal aims to ensure that instant payments in euro are affordable, secure, and processed without hindrance across the EU.

Instant Payments to become safer, more affordable, and convenient for consumers — 26 October 2022, 18:30 CET

The European Commission today published its plans to make Instant Payments safer, more affordable, and convenient payment option for consumers.