The US Dollar bounced back strongly after US PPI data for July showed that wholesale prices rose at the strongest pace in three years.
The EU economy’s greenhouse gas emissions were 897 million tonnes of CO2-equivalents (CO2-eq) in the fourth quarter of 2024, Eurostat estimates, a 2.2% increase compared with the same quarter of 2023 (878 million tonnes of CO2-eq).
The European Parliament’s committee on international trade has approved a 50 per cent increase in tariffs on certain Russian and Belarusian agricultural goods to further reduce EU dependency.
EU finance ministers have reached a significant agreement on a new approach to Value Added Tax (VAT) focusing on e-commerce imports and the taxation of distance sales of imported goods.
The EU Commission has presented a major package of measures targeting the administrative burden, controls, implementation, crisis response and investment needs of the farming sector.
The Commission is investing over €7.3 billion through its Horizon Europe programme to strengthen Europe’s research and innovation engine and enhance competitiveness.
The EU Commission is looking to create a safer online environment for children with the launch of a public consultation on draft guidelines for the protection of minors online under the Digital Services Act.
