Finance Guides

Up one level

2024 Technical Support Instrument - guide by EUbusiness — last modified 26 March 2024, 21:47 CET

The European Commission selected on 26 March a new round of 170 projects under the Technical Support Instrument (TSI), to support Member States to design and implement a total of 307 reforms in 2024, which will strengthen Member States' competitiveness, resilience, and modernisation.

EU annual budget 2024 - guide by EUbusiness — last modified 13 November 2023, 23:34 CET

The Council and the European Parliament today reached agreement on the EU’s annual budget for 2024. Next year’s budget strongly focuses on the EU's main policy priorities. Total commitments amount to €189 385,4 million. Total payments amount to €142 630,3 million.

European Digital Identity - guide by EUbusiness — last modified 08 November 2023, 23:00 CET

With a view to ensuring a trusted and secure digital identity for all Europeans, the EU Council presidency and European Parliament representatives reached on 8 November a provisional agreement on a new framework for a European digital identity (eID).

Digital coordination of social security systems in Europe - guide by EUbusiness — last modified 06 September 2023, 18:33 CET

The European Commission proposed on 6 September concrete steps to further digitalise the coordination of social security systems in Europe. In a dedicated Communication, it lays out actions to make access to social security services quicker and simpler across borders by making full use of digital tools, reducing administrative burden for citizens and business.

Adoption of European Sustainability Reporting Standards - guide by EUbusiness — last modified 01 August 2023, 00:51 CET

The European Commission adopted on 31 July the European Sustainability Reporting Standards (ESRS) for use by all companies subject to the Corporate Sustainability Reporting Directive (CSRD).

Modernising payments services - guide by EUbusiness — last modified 28 June 2023, 22:16 CET

The European Commission put forward proposals on 28 June to bring payments and the wider financial sector into the digital age.

Single Currency Package - guide by EUbusiness — last modified 28 June 2023, 19:06 CET

The European Commission on 28 June put forward two proposals to ensure that citizens and businesses can continue to access and pay with euro banknotes and coins across the euro area, and to set out a framework for a possible new digital form of the euro that the European Central Bank may issue in the future, as a complement to cash.

11th package of restrictive measures against Russia - guide by EUbusiness — last modified 23 June 2023, 17:40 CET

The EU Council adopted on 23 June an 11th package of sanctions against Russia. This package is aimed at ensuring that EU sanctions against Russia are even better enforced and implemented, based on lessons learned from implementation over the past year.

Commission proposal to reinforce long-term EU budget to face most urgent challenges - guide by EUbusiness — last modified 20 June 2023, 22:38 CET

The European Commission proposed on 20 June to reinforce the EU's long-term budget to face current urgent challenges.

EU budget: Strategic Technologies for Europe Platform (STEP) to support European leadership on critical technologies by EUbusiness — last modified 20 June 2023, 21:48 CET

The European Commission proposed on 20 June the Strategic Technologies for Europe Platform ('STEP'). The STEP will reinforce and leverage existing EU instruments to quickly deploy financial support to the benefit of business investments. The STEP will also allow directing existing funding towards technology fields that are crucial for Europe's leadership, thus contributing to a level playing field for investments throughout the Single Market.

Adjusted package for the next generation of own resources - guide by EUbusiness — last modified 20 June 2023, 21:56 CET

The European Commission on 20 June completed its proposal for a next generation of own resources. The package includes a new temporary statistical own resource based on company profits. Following political agreement on the 'Fit For 55' package, which seeks to ensure EU policies contribute to the climate neutrality of our continent, the Commission also proposes to adjust the own resources proposals based on the Emissions Trading System (ETS) and Carbon Border Adjustment Mechanism (CBAM) compared to the original proposals from December 2021.

A new Ukraine Facility - guide by EUbusiness — last modified 20 June 2023, 21:36 CET

In the light of the devastating consequences of Russia's war of aggression for Ukraine's people, economy, and infrastructure, and given the enormous scale and complexity of the recovery and reconstruction challenge, the European Commission proposed on 20 June to establish a dedicated financing instrument that will provide coherent, predictable as well as flexible support for the period 2024-2027 to Ukraine, adapted to the unprecedented challenges of supporting a country at war.

Draft annual budget 2024 - guide by EUbusiness — last modified 07 June 2023, 21:34 CET

The European Commission proposed on 7 June an annual EU budget of EUR 189.3 billion for 2024. The budget will be complemented by an estimated EUR 113 billion in payments for grants under NextGenerationEU, the EU's post-pandemic recovery instrument.

Retail Investment Package - guide by EUbusiness — last modified 24 May 2023, 21:32 CET

The European Commission adopted on 24 May a Retail Investment Package that it says places consumers' interests at the centre of retail investing.

2023 European Semester Spring Package - guide by EUbusiness — last modified 24 May 2023, 20:55 CET

The European Commission on 24 May provided guidance to Member States under the 2023 European Semester Spring Package to build a robust and future-proof economy that secures competitiveness and long-term prosperity for all in the face of a challenging geopolitical environment.

EU Customs Reform - guide by EUbusiness — last modified 17 May 2023, 17:14 CET

The European Commission put forward proposals on 17 May for the most ambitious and comprehensive reform of the EU Customs Union since its establishment in 1968.

Proposals for new economic governance rules - guide by EUbusiness — last modified 26 April 2023, 18:01 CET

The European Commission presented on 26 April 2023 legislative proposals to implement the most comprehensive reform of the EU's economic governance rules since the aftermath of the economic and financial crisis.

Reform of bank crisis management and deposit insurance framework - guide by EUbusiness — last modified 19 April 2023, 22:55 CET

The European Commission adopted on 18 April a proposal to adjust and further strengthen the EU's existing bank crisis management and deposit insurance (CMDI) framework, with a focus on medium-sized and smaller banks.

2023 Technical Support Instrument - guide by EUbusiness — last modified 21 March 2023, 22:29 CET

The European Commission approved on 21 March a new round of 151 projects under the Technical Support Instrument (TSI), to support all Member States in preparing, designing and implementing up to 326 cutting-edge reforms in 2023.

Commission fiscal policy guidance for 2024 - guide by EUbusiness — last modified 08 March 2023, 18:21 CET

The European Commission on 8 March provided guidance to EU Member States on the conduct and coordination of fiscal policy for next year.