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Image header Agence Europe
Europe Daily Bulletin No. 13562
Contents Publication in full By article 8 / 31
ECONOMY - FINANCE - BUSINESS / Taxation

United States withdraws from international reform of corporate minimum tax - Europeans feel hit

While US President Donald Trump announced his country’s withdrawal from the international reform of the corporate minimum tax(see EUROPE B13493A21) on Monday 20 January, European policymakers are feeling the blow and staying the course.

Questioned at the Ecofin Council press conference on Tuesday 21 January, the European Commissioner for Economy, Valdis Dombrovskis, regretted the content of the memorandum. “We remain committed to our international obligations undertaken over the last...

Contents

EUROPEAN PARLIAMENT PLENARY
UNITED STATES: faced with Donald Trump’s threats, Europe must show unity and strength, says European Parliament
DIGITAL: faced with excesses of Elon Musk and X, MEPs condemn Commission’s inaction on application of DSA
ENERGY: majority of MEPs recognise potential of nuclear fusion to ensure EU’s sovereignty
CLIMATE: after a year marked by record heatwaves, European Commission has pledged to step up fight against climate crisis
BELARUS: European Parliament expected to call for 26 January presidential election to be rejected
BALTIC SEA/RUSSIA: numerous MEPs call for sanctions against Russian fleet
RULE OF LAW: European Parliament investigates allegations of spying by Hungarian government on OLAF agents
ECONOMY - FINANCE - BUSINESS
TAXATION: United States withdraws from international reform of corporate minimum tax - Europeans feel hit
ECONOMY: EU Council approves budgetary consolidation paths of 21 Member States
BANKS: European Banking Authority unveils parameters for 2025 stress test
INSTITUTIONAL
BETTER REGULATION: EU27 have high expectations for ‘omnibus’ initiative
FUTURE OF EU: federalist MEPs attempt to relaunch European Parliament’s initiative to reform European treaties
SECTORAL POLICIES
CLIMATE: “Europe will stay the course” in fight against climate change, according to European Commission after withdrawal of United States from Paris Agreement
HEALTH: EU regrets Donald Trump’s decision for United States to withdraw from WHO
AGRICULTURE: work to simplify CAP rules must continue, say EU Member States
ENVIRONMENT: European Chemicals Agency adds five dangerous products to Candidate List of Substances
HOME AFFAIRS: total number of victims of human trafficking in EU increased by 41% between 2021 and 2022, according to a new Commission report
ENERGY: International Energy Agency warns gas markets will remain tight in 2025
DIGITAL: RSF and EFJ call for immediate investigation into Meta in response to it shutting down its fact-checking programme
TRANSPORT: AERRL calls on political decision-makers to take urgent action to improve European rail transport
EXTERNAL ACTION
DEVELOPMENT: EU reacts to suspension of US foreign aid
EDUCATION - YOUTH - CULTURE - SPORT
EDUCATION: Joao Costa reminds European ministers that inclusion is a strategic choice for social cohesion and cost control
NEWS BRIEFS
AUSTRIA: Vienna avoids excessive deficit procedure
CHINA: EU renews anti-dumping duty on Chinese lever arch mechanisms
CITIZENSHIP: European Commission registers European Citizens’ Initiative on re-use and transformation of buildings
EU COUNCIL: Preben Aamann appointed Director-General for Communication and Information
DEFENCE: ‘European Peace Facility’ - EU announces new €60 million support for Lebanese armed forces
ECONOMY: latest revision of post-Covid-19 recovery plans for three EU countries adopted
MEDIA: Agence Europe’s podcast Quart d’heurope looks at future of EU-US relations
ROMANIA: European Court of Human Rights rejects Călin Georgescu’s request against annulment of first round of Romanian presidential elections
HEALTH: EU Council adopts regulation improving cross-border access to health data