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Europe Daily Bulletin No. 12652

6 February 2021
Contents Publication in full By article 14 / 27
ECONOMY - FINANCE - BUSINESS / Taxation
European Commission wants to help Member States reduce their VAT gap
Brussels, 05/02/2021 (Agence Europe)

The European Commission will publish a communication, in the 1st or 2nd quarter of 2021, to help Member States reduce their value added tax (VAT) gap, i.e. the difference between expected VAT receipts and amounts actually collected, according to a roadmap published on Wednesday 3 February.

Value added tax (VAT) revenue is a vital input for the budgets of the Member States and the EU, the Commission points out. The ability of national tax administrations to collect VAT will thus play an...

Contents

EXTERNAL ACTION
RUSSIA: despite many differences, EU and Moscow try to strengthen ties
TURKEY: EU “gravely concerned” about deterioration in Rule of law
DEAL EU/UK
UNITED KINGDOM: European Commission promises European Parliament to involve it as much as possible in implementation of Trade and Cooperation Agreement
EU RESPONSE TO COVID-19
INTERNAL MARKET: European Commission wants to see more multinational projects under European Recovery Plan
HEALTH: MEPs call on EU Member States to be more transparent about deliveries of Covid-19 vaccines
SECTORAL POLICIES
ENVIRONMENT: chemicals strategy for sustainability, draft EU Council conclusions emphasise urgency for action
FISHERIES: installation of cameras on board vessels should only be compulsory in event of serious infringements, says European Parliament committee
AGRICULTURE: MEPs criticise Council of EU for ‘à la carte’ CAP negotiations
CLIMATE: new study from University of Cambridge points to potential role of climate change in emergence of Covid-19
CLIMATE/TRADE: own-initiative report on Carbon Border Adjustment Mechanism adopted by European Parliament Committee on Environment 
INSTITUTIONAL
EUROPEAN PARLIAMENT: vaccination strategy against Covid-19 and European Recovery Plan on agenda for next plenary session
FUTURE OF EU: conference on future of Europe, negotiations on composition of executive committee
ECONOMY - FINANCE - BUSINESS
STATE AID: in-depth investigation by European Commission into Romanian support to CE Oltenia
TAXATION: European Commission wants to help Member States reduce their VAT gap
ECONOMY: nearly 150 economists advocate cancellation of public debt held by ECB to finance an environmental and social revival
NEWS BRIEFS
BELARUS: EU reiterates its support for Belarusian people
BIODIVERSITY: EU joins international coral reef conservation initiative
EU COUNCIL: reduction in the number of working groups envisaged from July 2021 onwards
WOMEN: European Commission promises “concrete recommendations” against female genital mutilation
DIGITAL: EU to contribute nearly €7 million to cost of new European supercomputer in Portugal
WTO: South Korean candidate for WTO leadership withdraws from race 
NATO: expert group recommends appointment of special representative for relations with EU
HEALTH: European Commission wants to improve quality and safety of radiological and nuclear technologies
ANIMAL HEALTH: forty-eight MEPs call on EU Council to debate animal transport
TERRORISM: EU list of persons and entities sanctioned for terrorist activities extended for 6 months
CALENDAR
Main activities of European Institutions: until 12 February 2021
CALENDAR EXTRA
Other events: until 12 February 2021