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Europe Daily Bulletin No. 12654

10 February 2021
Contents Publication in full By article 26 / 29
NEWS BRIEFS / Taxation
European Commission consults on review of VAT regime for financial and insurance services

Brussels, 09/02/2021 (Agence Europe) – On Monday, 8 February, the European Commission launched a public consultation on the review of the value-added tax (VAT) rules concerning the treatment of financial and insurance services (see EUROPE B12588A16). According to the European Commission, the rules need to be revised because they date back to 1977 and have largely become obsolete. In addition, it believes that the current rules are considered to be complex and difficult to apply in...

Contents

EUROPEAN PARLIAMENT PLENARY
ECONOMY: MEPs celebrate agreement on Recovery and Resilience Facility
CIRCULAR ECONOMY: broad consensus in European Parliament to call for binding EU targets for recycled content by product or sector
RUSSIA: MEPs criticise Borrell’s visit to Moscow
MYANMAR: MEPs divided on how to further sanction those responsible for coup
WOMEN: second debate in European Parliament and still no commitment from Commission regarding de facto abortion ban in Poland
YOUTH: European Parliament is concerned about harmful consequences of Covid-19 on youth and sport
ECB: European Parliament gives go-ahead for appointment of Frank Elderson as Vice-President of Executive Board
EXTERNAL ACTION
NEIGHBOURHOOD: a new agenda for Mediterranean countries focused on stability
CHINA: China’s Minister of Foreign Affairs calls for cooperation with EU
SOMALIA: lack of agreement on Somali elections undermines EU’s confidence
EXTERNAL ACTION: EU awaits appointment of next U.S. Trade Representative to start concrete discussions
SECTORAL POLICIES
MIGRATION INTERVIEW: ‘Pact on Asylum and Migration’ should no longer rely entirely on frontline countries, according to Juan Fernando López Aguilar
HEALTH: European Ombudsman fears reform of European Centre for Disease Prevention and Control is insufficient
CLIMATE: details of new EU strategy on adaptation to climate change become clearer
ENERGY: energy regulators make recommendations to Commission for regulation of future hydrogen networks
CIVIL PROTECTION: political agreement between European Parliament and EU Council to bolster EU’s rapid response to major emergencies
EU RESPONSE TO COVID-19
HEALTH: contract between Sanofi-GSK and European Commission for purchase of Covid-19 vaccines partially published
BUDGET: European Parliament calls for amending budget of €1.5 billion for vaccines
TRADE: WTO Deputy Director General again criticises vaccine export controls
ECONOMY - FINANCE
FINANCE: new Finance Watch study points out shortcomings in consumer credit directive
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: CJEU addresses landmark case for EU legislation on recognition of parenthood for LGBTI couples
NEWS BRIEFS
COHESION: European Parliament and EU Council agree on ERDF and CF recitals
HORN OF AFRICA: Pekka Haavisto in Ethiopia after his mission to Sudan on behalf of Josep Borrell
MEDIA: Dunja Mijatović reacts to Klubràdio ban in Hungary
ENERGY: Danish part of Nord Stream 2 pipeline could be completed by end of April
TAXATION: European Commission consults on review of VAT regime for financial and insurance services
REGIONS: European Commission launches 14th edition of REGIOSTARS competition
TRANSPARENCY: FragDenStaat platform is mobilising for more clarity in legislative process at EU level
TURKEY: Erdoğan calls for summit with EU by end of June