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Image header Agence Europe
Europe Daily Bulletin No. 13515
Contents Publication in full By article 18 / 31
ECONOMY - FINANCE - BUSINESS / Taxation

EU Council within reach of compromise on ‘VAT in the Digital Age’ directive

On Wednesday 30 October, the Member States’ ambassadors to the European Union (Coreper) reached an agreement in principle on the Value Added Tax (VAT) Directive for the digital age (ViDA).

While the Member States had reached a compromise on the rest of the package, VAT applied to digital platforms had been vetoed by Estonia. This veto could therefore be lifted on Tuesday 5 November at the next Ecofin Council meeting.

In June, Mart Võrklaev, the Estonian Finance Minister, rejected the...

Contents

SECURITY - DEFENCE - SPACE
SECURITY : former Finnish President Sauli Niinistö proposes to significantly improve EU’s civil and defence preparedness
EXTERNAL ACTION
ENLARGEMENT: accession of Western Balkans still dependent on internal reforms and full alignment with EU foreign policy
ENLARGEMENT : Ukraine and Moldova make progress towards accession to the EU, while Georgia takes step backwards
ENLARGEMENT: Turkey has not reversed “negative” trend in deterioration of democratic standards, warns European Commission
SYRIA: Member States to assess ways of helping Syria manage influx of refugees, without legitimising regime or considering country to be safe
CHINA: Beijing indicates it will take European tariffs on Chinese electric vehicles to WTO
CHINA: EU reiterates its calls for immediate and unconditional release of Yu Wensheng and Xu Yan
SINGAPORE: ambassadors of EU Member States approve opening of negotiations to associate Singapore with Horizon Europe programme
IRAN: EU promises significant measures for execution of Jamshid Sharmahd
SECTORAL POLICIES
COMPETITIVENESS: Budapest Declaration, Member States are not satisfied with latest proposed text
CLIMATE: at COP29, “EU must be reliable and credible partner” and show leadership, urges Isabella Lövin
CLIMATE: COP29 – Chiara Martinelli believes that EU must be guided by “emergency”, “partnership” and “coherence“
ENVIRONMENT: in letter to EU, seventeen developing countries call for more than just postponement of regulation on imported deforestation
BIODIVERSITY: proposed biodiversity credit framework unveiled at COP16 divides observers
DIGITAL: creators’ and rights holders’ organisations hope that AI Act will protect European artistic licensing market
ENERGY: 49 financial institutions become members of European Energy Efficiency Financing Coalition
COMMISSIONERS-DESIGNATE HEARINGS IN EUROPEAN PARLIAMENT
ECONOMY: Valdis Dombrovskis is committed to applying the Stability and Growth Pact in a “consistent and impartial” manner
ECONOMY - FINANCE - BUSINESS
TAXATION: EU Council within reach of compromise on ‘VAT in the Digital Age’ directive
TAXATION: application of directive on resolution of cross-border disputes still limited, according to European Commission
TAXATION: EU Member States approve agreement with Norway on value added tax
FINANCE: EU financial supervisors publish final report on technical standards for European Single Access Point
INSTITUTIONAL
EPP: regarding allegations of misuse of funds, EPP Group in European Parliament has no knowledge of any new investigation by European Public Prosecutor’s Office or Belgian authorities
NEWS BRIEFS
HUMANITARIAN AID: EU releases €1.5 million for victims of cyclone Trami in Philippines
TRADE/CLIMATE: European Commission consults on procedures for approving Carbon Border Adjustment Mechanism
EUROPEAN COMMISSION : appointment of two new directors to Directorate-General for Agriculture
ECONOMY: EU Council is expected to adopt new revision of Czech and Dutch post-Covid-19 recovery plans
ECONOMY: Romania presents a seven-year medium-term fiscal-structural plan
ENVIRONMENT: an open letter signed by over 350 companies calls for adoption of an ambitious international treaty against plastic pollution in Busan
LEBANON: Josep Borrell denounces rocket attacks against UNIFIL
CIVIL PROTECTION: “ready to help Spain”, EU has activated its Copernicus programme following devastating floods
UKRAINE: Josep Borrell promises an appropriate EU response to participation of North Korean soldiers in Russia’s war of aggression