Skip to content. | Skip to navigation

Personal tools
Sections
You are here: Home topics Finance
Document Actions

Finance and Monetary Affairs in the EU

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

Protecting the services industry - Euro currency news daily
The Confederation of British Industry urged Prime Minister Boris Johnson this morning to secure a post-Brexit deal that will not leave out service industries, such as finance, which based on discussions between London and Brussels currently, is a major concern for employers.

Mifid II - EU mulls changes to investor protection rules
The EU Commission opened a consultation Monday on changes in investor protection in the Markets in Financial Instruments directive (Mifid), which sets out rules for European securities markets.

VAT rules simplified for Europe's smaller businesses
EU finance ministers adopted simplified VAT rules applicable to small businesses Tuesday, with a view to reducing administrative burdens and compliance costs and helping more efficient trade across borders.

Coronavirus, Brexit weigh on subdued outlook for EU economy
Subdued, stable growth for Europe's economy is set to continue over the next two years, according to the EU's Winter 2020 Economic Forecast, which warns of potential risks including the coronavirus.

MEPs massively back European Central Bank climate role
Today the European Parliament voted in plenary in favour of the European Central Bank (ECB) taking climate action.

BlueInvest Fund to unlock potential of EU's blue economy
The EU Commission with the European Investment Fund launched the BlueInvest Fund Tuesday, to provide financing to equity funds that support economic activities related to oceans, seas and coasts.

BlueInvest platform
The BlueInvest platform supports investment readiness and access to finance for early-stage businesses, SMEs and scale-ups in the blue economy.

Unemployment in the EU at lowest rate since 2000
The unemployment rate in the 28 EU Member States was 6.2 per cent in December 2019, continuing a steady decline from previous months, according to figures published Thursday by Eurostat.

OECD negotiators must now agree on how to modernise international taxation
Ahead of the talks in the OECD this week in Paris, EuroCommerce Director-General Christian Verschueren pressed negotiators to make concrete progress on modernising international taxation systems:

EUR 200m boost for SMEs in EU neighbouring countries
The European Investment Bank and the EU Commission have joined forces in an 'SME Access to Finance' initiative to support economic growth, innovation and employment in EU neighbouring countries.

MEPs endorse a climate role for European Central Bank
This morning MEPs voted in favour of the European Central Bank taking climate action.

EU sets out plans to finance green economy
The EU unveiled plans Tuesday to finance its new European Green Deal, which it says would lead to more than EUR 1 trillion of public investment through EU financial instruments, as well as private funds.

Just Transition Fund welcomed by SMEs
In a first reaction on yesterday's proposal to establish a "Just Transition Fund", SMEunited President Alban Maggiar supports the general approach put forward by the European Commission.

All frills and no filling: EU sustainable investment plan falls far short
The European Commission's plan for unlocking EUR 1 trillion of sustainable investments over ten years, published on 14 January, is little more than pretty packaging of an empty box in WWF's view.

EU strides forward on Just Transition, but risks stumbling on fossil fuels
The path to a climate neutral Europe became a little easier today, with the European Commission's proposal for a fund to help regions reach climate neutrality.

European Green Deal Investment Plan + Just Transition Mechanism
The European Green Deal's Investment Plan - the Sustainable Europe Investment Plan - presented on 14 January will mobilise public investment and help to unlock private funds through EU financial instruments, notably InvestEU, which would lead to at least €1 trillion of investments.

Use of EU's space assets under auditor scrutiny
The EU Court of Auditors said Thursday it is examining how effectively the European Commission promotes the uptake of services provided by two of the EU's key space programmes, Copernicus and Galileo.

New rules to boost crowdfunding across EU borders
The EU Parliament and Council reached provisional agreement Wednesday evening on EU-wide rules to help crowdfunding services function smoothly and foster cross-border business funding.

EU companies increase R&D investment in face of stiff global competition
Companies' investment in research and development grew for the ninth consecutive year in 2018, though below the global growth rate, driven by the auto, health and ICT sectors - according to an EU report.

EU states agree world's first-ever 'green list' for sustainable investment
EU states endorsed Wednesday a political agreement on a 'green list', a common classification system to encourage private investment in sustainable growth and contribute to a climate neutral economy.

MEPs back measures to cut VAT fraud in e-commerce
The European Parliament gave its approval Tuesday to measures designed to fight e-commerce VAT evasion that would help cut some of the EUR 137 billion lost each year across the EU to VAT fraud.

EU-wide classification system for sustainable investments (taxonomy)
The European Parliament and the EU Council reached agreement on 18 December on the creation of the world's first-ever 'green list' - a classification system for sustainable economic activities, or taxonomy.

New EU growth strategy to be based on 'competitive sustainability'
The new von der Leyen Commission presented a rebooted growth strategy Tuesday focused on promoting competitive sustainability and building a European economy 'that works for people and the planet'.

New EU cross-border payments rules into force
Consumers and businesses in non-eurozone EU Member States will enjoy cheaper cross-border payments in euro from Monday, as new rules came into force pricing these the same as domestic payments.

European Semester Autumn Package
The von der Leyen Commission launched a new European Semester cycle on 17 December, the first of its mandate. It presented an ambitious, rebooted growth strategy focused on promoting competitive sustainability to build an economy that works for people and the planet.