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Image header Agence Europe
Europe Daily Bulletin No. 12387
Contents Publication in full By article 19 / 34
ECONOMY - FINANCE - BUSINESS / Taxation

Germany presents a proposal for a final text on financial transaction tax

On Monday 9 December, German Finance Minister Olaf Scholz sent his European counterparts a proposal for a final text on the Financial Transaction Tax (FTT). The information, initially reported by the German newspaper Süddeutsche Zeitung, was confirmed on Tuesday 10 December, in a statement from the German Ministry of Finance.

The text maintains a model based on the French financial transaction tax, including the rate which is set at 0.2% and it is essentially due on the purchase and sale of...

Contents

INSTITUTIONAL
BUDGET: Member States are more divided than ever on 2021-2027 multiannual financial framework
BUDGET: Charles Michel intends to present “innovative” proposals to facilitate agreement on 2021-2027 financial framework
RULE OF LAW: a turbulent second hearing on rule of law in Hungary, but with more substance than in September
FUTURE OF EU: Committee on Constitutional Affairs contributes to European Parliament's work on Conference on Future of EU
COMMITTEE OF THE REGIONS: EU Council appoints 181 members for 2020-2025 term
SECTORAL POLICIES
CLIMATE: at European Council, money will be key to rally reluctant countries to EU's climate neutrality by 2050
CLIMATE: Swiss emissions trading system and EU ETS will be linked on 1 January 2020
CLIMATE: environmental integrity of international carbon markets threatened at COP25, NGOs alarmed
AGRICULTURE: Member States welcome report summarising debates on post-2020 CAP
AGRICULTURE: Janusz Wojciechowski calls for an increase in farming's contribution to European Green Deal
COHESION: Interreg, European Parliament and EU Council make progress in negotiations without reaching a global provisional agreement
WOMEN: consensus conclusions annotated by Poland and Germany
HEALTH: European ministers request a regular report on application of rules related to medical devices
HEALTH: Incoming Croatian Presidency of Council of EU sets out its work priorities
TRANSPORT: A4E urges European Commission to implement ‘Single European Sky’
TRANSPORT: fifteen road hauliers' associations call for an agreement on the 'Mobility I' package
SOCIAL AFFAIRS
SOCIAL: Mr Schmit further reveals content of draft instrument introducing a fair minimum wage
SOCIAL: European Parliament cancels negotiations with EU Council on Regulation on the coordination of social security systems
ECONOMY - FINANCE - BUSINESS
TAXATION: Germany presents a proposal for a final text on financial transaction tax
STATE AID: green light for 400 million euros support for very high-speed networks in Spain
EXTERNAL ACTION
BOSNIA-HERZEGOVINA: EU Council urges Bosnians to work on priorities for action given by Commission
UKRAINE/RUSSIA: Mr Borrell welcomes promises made at ‘Normandy’ format summit
WTO: paralysis of Appellate Body dispute settlement system
SECURITY - DEFENCE
NATO: Borrell and Stoltenberg promise to work to strengthen EU/NATO cooperation
COUNCIL OF EUROPE
COUNCIL OF EUROPE: Secretary General calls on European states to join North-South Centre to better tackle new global challenges
NEWS BRIEFS
COMPETITION: Commission authorizes acquisition of Nuova Castelli by Lactalis
HUMAN RIGHTS: EU and US underline need for cooperation on human rights
ECONOMY: Paolo Gentiloni announces proposals “in the second half of 2020” to reform EU fiscal rules
EDUCATION: Finland offers free online courses in all EU languages on challenges of artificial intelligence
ENERGY: Eurogas calls on EU to make gas a major element of Green Deal
TAXATION: review of progress made under Finnish Presidency of EU Council on tax issues
JUSTICE: commissioner Ylva Johansson in favour of data retention legislation
MEDITERRANEAN: European Council expected to denounce Memorandum of Understanding between Turkey and Libya
WTO: extension of moratorium on electronic transmissions until June 2020