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Europe Daily Bulletin No. 13017

9 September 2022
Contents Publication in full By article 14 / 35
ECONOMY - FINANCE - BUSINESS / Taxation
Tax on corporate windfall profits is not unanimously supported in Europe
Brussels, 08/09/2022 (Agence Europe)

While the European Commission announced its intention to tackle the extraordinarily high profits of fossil fuel companies on Wednesday 7 September (see EUROPE B13016A1), some countries have already introduced windfall profit taxes. EUROPE provides a summary.

Oxfam International, which brings together several independent non-governmental organisations, has taken stock of the situation. Italy, Spain, Greece, Romania and Hungary have already put measures in place. These measures are applied...

Contents

BEACONS
Beacons: Exit the Brexiteer in chief. And now? (Following the death of Queen Elizabeth II, this editorial has been slightly modified online)
SECTORAL POLICIES
ENERGY: combating soaring energy prices and preparing for winter on agenda of EU Energy Ministers’ meeting
ENVIRONMENT: European Commission calls on Member States to take action to implement EU environmental legislation
HEALTH: informal meeting in Prague, EU Ministers discussed upcoming work of Czech Presidency of EU Council
HOME AFFAIRS: PEGA committee looks into situation of Greek journalists being wiretapped by Predator spyware
DIGITAL: Cyber Resilience Act, European Commission to unveil strategy to make software and connected objects more secure
DIGITAL: Andrus Ansip’s compromise amendments on Digital Identity Wallet widely supported in European Parliament committee
INTERNAL MARKET/INDUSTRY: next Competitiveness Council should address SMEI and Ecodesign Regulation
INTERNAL MARKET: interinstitutional negotiations on machinery and equipment are progressing at technical level
TRANSPORT: EU Council and European Parliament negotiators start talks on ‘ReFuelEU Aviation’
CLIMATE: CO2 emissions from European soils exceed removals, saysEEA report
AGRICULTURE: EU agri-food sector calls for action to bring down energy prices
ECONOMY - FINANCE - BUSINESS
ECB: monetary institute raises its three key rates by 75 basis points
TAXATION: tax on corporate windfall profits is not unanimously supported in Europe
EU RESPONSE TO COVID-19
ECONOMY: European Court of Auditors’ satisfaction with European Commission’s assessment of national recovery plans
ECONOMY: European Commission approves Dutch recovery plan
STATE AID: Member States mobilised €227.97 billion in 2020 to help businesses in context of Covid-19 crisis
Russian invasion of Ukraine
HOME AFFAIRS: Lithuania, Latvia, Estonia and Poland will reduce issuance of visas for Russian citizens wishing to travel to EU
INSTITUTIONAL
FUTURE OF EUROPE : United Kingdom, Ukraine and Turkey are expected to be among countries invited to summit of European Political Community
EXTERNAL ACTION
TRADE: European Commission does not want to integrate new model of sustainable development chapters into EU-Mercosur agreement
COURT OF JUSTICE OF THE EU
CONSUMERS: mortgage loans in foreign currencies, Court clarifies European law on unfair conversion rate clauses
ANIMAL HEALTH: Court clarifies concept of captive breeding of hyacinth macaw parrots
GENDER EQUALITY: freedom of contract does not justify discrimination on basis of sexual orientation, argues Advocate General
SOCIAL AFFAIRS
SOCIAL: digital platform workers, The Left Group in European Parliament wants to counter undermining of platforms
NEWS BRIEFS
BELARUS: EU denounces detention of its Chargé d’Affaires
TRADE: anti-dumping duties on Chinese and Egyptian woven glass fibre fabrics extended to Turkey
COUNCIL OF EUROPE: contact group created between Council of Europe and democratic opposition in Belarus
GENDER EQUALITY: study makes recommendations to strengthen fight against gender-based violence in EU
ENERGY: record solar-power production has helped EU avoid spending €29 billion on fossil gas imports
SPACE: summer 2022 warmest ever recorded in Europe, according to Copernicus data
INDUSTRY: Euro 7, French Minister Delegate for Transport fears that ambitions for automotive sector are too high
MOZAMBIQUE: European Peace Facility, EU to support SAMIM with €15 million
DIGITAL: increase in share of original content financed by streaming platforms in Europe
SOCIAL: first interinstitutional negotiation meeting on ‘Social Climate Fund’ to take place on 13 October
CORRIGENDUM
ANIMAL HEALTH: EU positive list on keeping pets