Defence aircraft - Photo © NATO

The EU Parliament and Council agreed key updates to EU cohesion policy, enabling Europe’s states and regions to reallocate funds towards new strategic priorities, such as defence, sustainable housing, water resilience, and energy transition.

EU prepares to raise EUR 800 bn to finance recovery

Image Pixabay (BRUSSELS) – The EU Commission took steps Wednesday to ensure that borrowing under its ‘NextGenerationEU’ funding for post-Covid recovery is financed on the most advantageous terms for EU…

Brussels looks to exempt vital EU services from VAT

Protective equipment (BRUSSELS) – The European Commission proposed Monday to exempt from VAT goods and services made available by the Commission, EU bodies and agencies to Member States and citizens…

EU disburses EUR13 bn to help preserve jobs

Image by TheOtherKev on Pixabay (BRUSSELS) – The EU Commission disbursed some EUR 13 billion to six EU Member States Tuesday, under the EU’s SURE programme to help countries with…

Brussels mulls tighter controls on crypto-assets, e-money

Cryptocurrency (BRUSSELS) – The EU Commission launched a consultation Thursday on revision of its directive to improve cooperation between national tax authoritiesy in emerging areas such as crypto-assets and e-money.This…