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Europe Daily Bulletin No. 13214

4 July 2023
Contents Publication in full By article 22 / 32
ECONOMY - FINANCE - BUSINESS / Taxation
Negotiations on Pillar One of OECD agreement on taxation of multinationals are on track, according to European Commission
Brussels, 03/07/2023 (Agence Europe)

Negotiations on Pillar One of the OECD agreement on the taxation of multinationals are well underway, according to a report from the European Commission given to the EU Council on Friday 30 June.

“The Commission welcomes the great efforts and the progress made so far and urges all participants to make a final effort to reach an agreement on the multilateral convention to implement Pillar One”, it says. By way of a reminder, Pillar Two, which introduces a minimum tax rate of 15%, is...

Contents

Spanish presidency of the Council of the European Union
EU2023ES: Spanish Presidency of EU Council wants to present its vision of open strategic autonomy by 2030
COMPETITIVENESS: Spanish Presidency of EU Council wants to boost re-industrialisation
TRADE: Spanish Presidency of EU Council wants to prioritise trade agreements with Latin America and Caribbean
AGRICULTURE: Spanish Presidency hopes to bring EU Council to common positions on pesticides and new genomic techniques
HOME AFFAIRS/MIGRATION: Migration and Asylum Pact, removal of child pornography content and enlargement of Schengen area will dominate work of Spanish Presidency of EU Council
SOCIAL/EMPLOYMENT: social dialogue and decent work will be main priorities of Spanish Presidency of EU Council
FUNDAMENTAL RIGHTS: gender equality and anti-discrimination on agenda of Spanish Presidency of EU Council
EYCS: digital education and culture and sport as pillars of European values will occupy EU Council during Spanish Presidency
TOURISM: Spanish Presidency of EU Council supports creation of European tourism agency
Russian invasion of Ukraine
JUSTICE: under aegis of Eurojust, International Centre for the Prosecution of Crimes of Aggression against Ukraine begins operations in The Hague
SECTORAL POLICIES
BIODIVERSITY: proposal for ‘soil health’ directive, expected on 5 July, to preserve unsustainable resource subject to multiple pressures
ENVIRONMENT/INDUSTRY: EU Council adopts its position on revision of ‘CLP’ regulation relating to classification and labelling of chemical substances
INDUSTRY: EU Council adopts its position on Construction Products Regulation
CIRCULAR ECONOMY: Member States’ transition is at standstill despite €10 billion in EU financial support, says European Court of Auditors
ENERGY: structural reduction in gas demand is needed to guarantee security of supply in coming winters, according to Jacques Delors Institute
DIGITAL: ‘AI Act’, Presidency of EU Council sounds out Member States on key issues with a view to next round of interinstitutional negotiations
ANIMAL HEALTH: France and Italy step up their cooperation in fight against African swine fever
RESEARCH: European Commission’s Joint Research Centre studies geography of digital and green inventions in Europe
EXTERNAL ACTION
UNITED KINGDOM: European Commission and British government confirm return of confidence in their post-Brexit exchanges
SERBIA/KOSOVO: Edi Rama calls on Albin Kurti to accept Franco-German plan to end tensions between Belgrade and Pristina
VENEZUELA: EU criticises Maduro regime’s decision to make political opponents ineligible for election
ECONOMY - FINANCE - BUSINESS
TAXATION: negotiations on Pillar One of OECD agreement on taxation of multinationals are on track, according to European Commission
FINANCE: according to ESMA, mechanisms for preventing excessive price fluctuations in energy derivatives have been implemented effectively
STATE AID: European Commission approves an increase in Croatian support for export companies
NEWS BRIEFS
WESTERN BALKANS: European Commission announces a financial envelope of €2.1 billion to support 14 projects in the region
EDUCATION: European Commission selects seven new European university alliances
ENERGY: electricity market reform, a coalition of industrialists calls on European co-legislators not to discourage investment in renewable energies
SPACE: launch of Euclid spacecraft
FINANCE: European Commission consults on its legislative package relating to open finance framework
IRAQ: EU calls for calm and restraint after storming of Swedish embassy
SOCIAL: digital platform workers, European Parliament and Spanish Presidency of EU Council to begin negotiations on 11 July
SYRIA: EU welcomes adoption of UN resolution on new mechanism on fate of missing people