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Image header Agence Europe
Europe Daily Bulletin No. 13548
Contents Publication in full By article 20 / 39
ECONOMY - FINANCE - BUSINESS / Taxation

VAT gap narrowing, but reforms underway in EU remain essential, says European Commission

Between 2018 and 2022, Member States made significant progress in complying with value added tax (VAT) rules, but continued efforts are still needed, according to the European Commission on Wednesday 18 December, writing in its annual report on the VAT gap in the European Union.

This ratio measures the difference between the VAT revenue theoretically expected and the amount actually collected. In total, Member States lost around €89 billion in VAT by 2022, compared with €121 billion...

Contents

EUROPEAN COUNCIL
UKRAINE/GEORGIA/MOLDOVA: European leaders expected to reiterate their support for Ukraine to Volodymyr Zelenksy
SYRIA: European leaders due to discuss approach to be adopted towards new authorities
MIDDLE EAST: European leaders expected to reaffirm “essential” role of UNRWA
FOREIGN AFFAIRS: European leaders to debate Europe’s place in world
MIGRATION: European Council will commend progress made on projects underway and welcome drafting of legislation on return of illegal immigrants
FRANCE: French President Emmanuel Macron will be represented at European Council by German Chancellor Olaf Scholz
VENEZUELA: EU does not rule out adopting new sanctions against Maduro regime
EXTERNAL ACTION
WESTERN BALKANS: faced with frustrations of certain candidate countries, EU tries to maintain a clear and fair accession process
Russian invasion of Ukraine
UKRAINE: Volodymyr Zelensky in Brussels to discuss security support for his country “for today and for tomorrow”
EUROPEAN PARLIAMENT PLENARY
GEORGIA: for President Salomé Zourabichvili, Europe has not been up to challenge of addressing her country’s political crisis 
COMPETITIVENESS/CLIMATE: Teresa Ribera assures European Parliament she will continue to implement Green Deal to meet challenges of competitiveness in Europe
REGIONS: MEPs call on EU to activate all support mechanisms for cyclone-devastated Mayotte
EUROPEAN PARLIAMENT: European Parliament sets up standing committees on Security and Defence and on Public Health
EMPLOYMENT: European Works Councils, PfE and ECR groups in European Parliament obtain confirmation vote in plenary
MONEY LAUNDERING: European Parliament approves appointment of Bruna Szego as Chair of AMLA
PACIFIC: European Parliament approves accession of Tonga, Niue and Tuvalu to EU/Pacific States Interim Economic Partnership Agreement
ECONOMY - FINANCE - BUSINESS
FINANCE: EU co-legislators extend scope of reform of financial sector reporting obligations
ECONOMY/SOCIAL: European Commission presents socio-economic policy recommendations for 2025 focusing on competitiveness
STATE AID: green light for €3 billion German-Dutch support for production of renewable fuels of non-biological origin
TAXATION: VAT gap narrowing, but reforms underway in EU remain essential, says European Commission
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: social security, construction sector gives its red lines to upcoming Polish Presidency of EU Council
INSTITUTIONAL
BUDGET/RULE OF LAW: Hungary denounces continued freezing of funds due to it under Erasmus+ and Horizon Europe programmes
SECTORAL POLICIES
TOURISM/CONSUMERS: revision of ‘Package Travel’ Directive – EU Council ready to negotiate with European Parliament
TRANSPORT: European Commission launches Flight Emissions Label to promote more environmentally responsible travel
DIGITAL: DPC fines Meta €251 million for massive data leak
FISHERIES: European Commission recommendations on best practice for sustainable aquaculture
FISHERIES: European Commission improves monitoring of shark trade
JUSTICE: Eurojust takes stock of case law of EU Court of Justice on European arrest warrant for 2024
INDUSTRY: Poland has opportunity to strengthen position in clean technologies, according to think-tank Strategic Perspectives
EDUCATION - YOUTH - CULTURE - SPORT
EDUCATION: European Commission publishes roadmap for implementing ‘Pathways to School Success’ recommendation 
COURT OF JUSTICE OF THE EU
MOLDOVA: General Court upholds EU sanctions against Ilan Mironovich Shor
COUNCIL OF EUROPE
GEORGIA: Alain Berset visits Georgia in a “tense and worrying” context 
NEWS BRIEFS
STATE AID: in-depth investigation into Polish support for Lubiatowo-Kopalino nuclear power plant 
CLIMATE: EU Council adopts its conclusions on European Court of Auditors’ Special Report on adaptation
CULTURE: cities of Lviv and Nikšić are in running for title of European Capital of Culture 2030  
ENERGY: global coal demand is set to plateau until 2027 after peaking in 2024
ENVIRONMENT: European Ombudsman suggests European Commission invite NGOs to meetings with pesticide industry 
ENVIRONMENT: EU-Mercosur trade agreement could conflict with Deforestation Regulation, according to Greenpeace Europe
EUROPEAN PARLIAMENT: ECR Group welcomes two new MEPs and grows to 80 members