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Image header Agence Europe
Europe Daily Bulletin No. 13017
Contents Publication in full By article 14 / 35
ECONOMY - FINANCE - BUSINESS / Taxation

Tax on corporate windfall profits is not unanimously supported in 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