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Europe Daily Bulletin No. 13212

30 June 2023
Contents Publication in full By article 17 / 35
ECONOMY - FINANCE - BUSINESS / Taxation
MEPs are concerned about implementation of OECD agreement on minimum taxation of multinationals
Brussels, 29/06/2023 (Agence Europe)

Members of the Committee on Economic and Monetary Affairs (ECON) held an exchange of views with Paolo Gentiloni, European Commissioner for Economy, on Wednesday 28 June. They asked a number of questions on the implementation of the OECD agreement on minimum taxation of multinationals, as well as on inflation, value added tax (VAT) and the taxation of capital.

Mr Gentiloni said he was confident that Pillar I of the OECD agreement, which includes a new system for allocating taxing rights to...

Contents

EUROPEAN COUNCIL
MIGRATION: faced with Polish and Hungarian gridlock, EU27 will once again attempt to adopt conclusions on migration policy 
UKRAINE: Europeans say they are ready to contribute to future security commitments
DEFENCE: EU and NATO stress importance of their cooperation
COMPETITIVENESS: calls to open up EU trade are growing ahead of European Council’s discussion on competitiveness
CYPRUS: Mr Christodoulides says EU countries are in favour of appointing special envoy on Cyprus question
SECTORAL POLICIES
DIGITAL: provisional EU Council/European Parliament political agreement on key elements of European Digital Identity Wallet
CLIMATE: effort sharing—European Commission adopted Member States’ annual emission allocations for 2023, 2024, and 2025
CLIMATE: in run-up to COP 28, European Committee of Regions calls for sub-national players to be given greater consideration
GMOs: environmental NGOs speak out to denounce new GMOs' risks to biodiversity
AGRICULTURE: economic support for farms still dominates CAP strategic plans, according to study commissioned by European Parliament
ENVIRONMENT: air pollution - downward trend in emissions in EU is confirmed, but ammonia remains main challenge, according to EEA
JUSTICE: Eurojust President warns of lack of additional resources to cope with growing workload
ENERGY: EU can manage without Russian liquefied natural gas according to Bruegel, supporting option of an embargo
ECONOMY - FINANCE - BUSINESS
FINANCE: ‘MiFIR-MiFID’, EU co-legislators reach provisional political agreement tightening rules for commodity derivatives
ECONOMY: Paschal Donohoe does not believe in creation of a ‘golden rule’ excluding certain investments from calculation of public deficit
TAXATION: EU initiative on aggressive tax planning to be based on definition of ‘enablers’
TAXATION: MEPs are concerned about implementation of OECD agreement on minimum taxation of multinationals
EXTERNAL ACTION
MOLDOVA: European Commission announces a package of support measures to bring Chișinău closer to EU
SECURITY - DEFENCE
GULF OF GUINEA: EU expected to soon launch CSDP mission in four coastal countries
NATO: EU and NATO want to strengthen resilience of critical infrastructures in fields of energy, transport, digital technology and space
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
MEDIA: MEPs want to integrate platforms within scope of ‘Media Freedom Act’
FUNDAMENTAL RIGHTS: European Parliament’s Committee on Civil Liberties examines state of fundamental rights
COURT OF JUSTICE OF THE EU
CONSUMERS: concept of ‘selling price’ does not include amount of deposit, says Court of Justice of the EU
ENVIRONMENT: Ireland found to have breached Habitats Directive
NEWS BRIEFS
HOME AFFAIRS: MEPs approve agreement reached with EU Council on digitalisation of visa procedures
ASIA: European Commission begins negotiations with Singapore and South Korea on “digital trade principles”
BELARUS: launch of a new consultative group between EU and Belarusian democratic forces and civil society
BOSNIA AND HERZEGOVINA: EEAS deplores decision of National Assembly of Republika Srpska to render inapplicable decisions of Bosnian Constitutional Court
BUDGET: first interinstitutional negotiations on recasting of financial regulation
ENVIRONMENT: regulation to combat global deforestation caused by EU is in force
EUROZONE: International Currency Association welcomes European Commission’s proposals to ensure euro cash is accepted and available
MEDIA: journalists’ unions do not share position of European publishers on European Media Freedom Act
DIGITAL: MEPs want to strengthen EU strategy for a ‘better internet for kids’
SIERRA LEONE: EU welcomes overall peaceful conduct of elections held on 24 June
SPORT: European Commission opens call for entries for #BeInclusive Sport Awards 2023