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Europe Daily Bulletin No. 13407

9 May 2024
Contents Publication in full By article 6 / 37
ECONOMY - FINANCE - BUSINESS / Taxation
Belgian Presidency of EU Council seeks compromise on new withholding tax procedure
Brussels, 08/05/2024 (Agence Europe)

The Belgian Presidency of the Council of the EU is seeking a compromise with the Member States on the new ‘FASTER’ withholding tax procedure for cross-border financial income, with a view to reaching a political agreement at the next Ecofin Council on Tuesday 14 May (see EUROPE B13360A13). 

The text was discussed at the meeting of Member States’ ambassadors to the EU on Wednesday 8 May. According to a European source contacted after the meeting, an agreement is “possible”....

Contents

Time off: Ascension Day
Russian invasion of Ukraine
ECONOMY: EU Council agreement on mobilisation of profits generated by Russian public assets frozen in EU
ECONOMY: EU Council gives green light to Ukraine’s investment and reform programme
DEFENCE: supply of air defence systems central to next meeting of European defence ministers
ECONOMY - FINANCE - BUSINESS
EUROGROUP: macroeconomic situation, banking union and capital markets union on ministerial agenda
TAXATION: Belgian Presidency of EU Council seeks compromise on new withholding tax procedure
EIB: EIB steps up its support for European security and defence industry
SECURITY - DEFENCE
DEFENCE: Donald Tusk calls on EU to mobilise €100 billion for European defence
EP2024
EUROPEAN PARLIAMENT 2024: pro-European political groups in European Parliament, with exception of EPP, reject any alliance with far right
SECTORAL POLICIES
DIGITAL: European Commission requests additional information from social network X in context of DSA
AGRICULTURE : on 13 May, EU Council will endorse a Regulation relaxing certain CAP rules
HEALTH: joint framework for action published by five EU agencies to implement EU’s ‘One Health’ programme
ENERGY: wind and solar power have grown faster than any other source of electricity in history
ENERGY: ENTSOG and ENTSO-E publish progress report on joint interlinked model for electricity and hydrogen
ENERGY: ACER to comment on changes to methodology for electricity ‘day-ahead’ coupling products
CLIMATE: European Commission adopts implementing regulation to update reporting templates for climate action data
RESEARCH: a European Commission report outlines a methodology for assessing directionality practices in R&I systems
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS : EU ministers for equality affirm their commitment to a more inclusive public sphere for women
COURT OF JUSTICE OF THE EU
TRANSPARENCY: General Court of EU calls on European Parliament to publish information on expenses reimbursed to a convicted MEP
STATE AID: General Court of EU annuls German aid for restructuring of Condor
RULE OF LAW: according to European Court of Justice, EU law does not preclude national laws which prohibit challenging appointment of a public prosecutor
SOCIAL AFFAIRS
SOCIAL/EMPLOYMENT: ‘European Semester’, Commission publishes an analysis of social convergence in seven Member States
NEWS BRIEFS
AGRICULTURE : European Commission registers a new Slovak agricultural name
AUSTRALIA: EU to negotiate critical minerals agreement with Canberra
ECB: Executive Board appoints Alain Busac as Director General of Information Systems
CYPRUS: UN envoy urges Cypriot leaders to resume peace talks
CLIMATE: Copernicus reports last month second warmest April in Europe
TAXATION: Belgian Presidency of EU Council is continuing its efforts to reach an agreement on value added tax in digital age
GULF: EU organises first edition of ‘Young Leaders in Regional Diplomacy’ programme
INTERNAL MARKET: European Commission consults with a view to revising its regulation on standardisation
MEDIA: Commission launches campaign to combat disinformation and manipulation of information
DIGITAL: France and China want to continue their cooperation on artificial intelligence
CSDP: EU does not renew mandate of its EUTM Mali mission
RESEARCH: soil health, fight against climate change, sustainable food systems, European Commission is launching a series of calls for proposals
FOOD SAFETY: PAN Europe sounds alarm over PFAS active substances in fruit and vegetables
CHAD: EU deplores lack of transparency in electoral process
VENEZUELA: EU Council gives green light to extension of EU sanctions against Maduro regime