supported by stronger-than-expected Q2 GDP (+0.3%), steady wage growth, and a Bank of England that cut rates but kept a hawkish tone on inflation.
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.
