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Europe Daily Bulletin No. 13606

25 March 2025
Contents Publication in full By article 15 / 32
ECONOMY - FINANCE - BUSINESS / Taxation
Simplified import customs procedures not robust enough to detect VAT fraud, says EU Court of Auditors
Brussels, 24/03/2025 (Agence Europe)

The EU’s financial interests and the single market are not protected effectively enough against value added tax (VAT) fraud on imports when simplified customs procedures are used, according to a report by the EU’s Court of Auditors published on Monday 24 March.

There are serious weaknesses in the controls carried out by the Member States, particularly as regards the abuse of customs procedure code 42 and the ‘import one stop shop’ (IOSS). This customs procedure is the one under...

Contents

BEACONS
BEACONS: The Weimar Triangle, the power of tomorrow
SECTORAL POLICIES
AGRICULTURE: European ministers want CAP to have resources it needs to implement ‘Vision for Agriculture’
FISHERIES: European ministers call for “reform“ of certain rules of common fisheries policy
ENVIRONMENT: European Chemicals Agency shares its latest progress in assessing restriction of PFASs
TRANSPORT: European co-legislators on verge of reaching an agreement on revision of driving licences
MIGRATION: Member States will hold an initial exchange of views on new regulation on return of illegal immigrants in EU on 1 April
DIGITAL: Meta rolls out new artificial intelligence functionalities in EU while European Commission awaits details
REGIONS: EU Council adopts its position supported by European Parliament on Border Regions’ instrument
ENERGY: gas storage - Polish Presidency of EU Council proposes greater flexibility for 90% fill target
ENERGY: developed economies, including EU, are experiencing increased energy demand after several years of decline
EXTERNAL ACTION
MIDDLE EAST: Kaja Kallas calls for resumption of ceasefire negotiations
UZBEKISTAN: EU assesses implementation of international commitments under GSP+
INDIA: EU examines possibilities for cooperation on maritime safety
LATIN AMERICA/CARIBBEAN: European and Latin American media leaders call for “stricter” rules to protect media content
ECONOMY - FINANCE - BUSINESS
TAXATION: simplified import customs procedures not robust enough to detect VAT fraud, says EU Court of Auditors
STATE AID: green light for German support of €5 billion for decarbonisation of companies subject to ‘ETS’ system
BANKS: European Commission consults on regulatory approach to prudential requirements for market risk
COMPANIES: Eurochambres and SMEunited regret failure to appoint an EU SME Envoy
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: child protection - in face of gaps in national systems, EU Fundamental Rights Agency calls for harmonised framework
WOMEN’S RIGHTS: CSW69 - EESC calls on European Union to mobilise against threat of setback
HOUSING: difficulty of producing rapid results to tackle housing crisis in EU
NEWS BRIEFS
CHINA: EU imposes provisional anti-dumping tariff on Chinese glyoxylic acid
DEFENCE: European Peace Facility, EU adopts new €20 million aid package for Mauritanian armed forces
EGYPT: first-ever EU/Egypt summit is expected to be held this year
EMPLOYMENT: EU Council validates a new regulation improving EU labour market statistics for businesses
ENVIRONMENT: EEB and over 450 scientists urge EU to rapidly update its water pollution standards
ENVIRONMENT: Jessika Roswall organises three round tables in Brussels in preparation for future ‘Water Resilience Strategy’
UNITED STATES: Maroš Šefčovič continues negotiations in Washington to avoid new tariffs
MEDIA: Reporters Without Borders sues Trump administration after announced dismantling of Voice of America and Radio Free Europe
TRANSPORT/DEFENCE: EASA signs bilateral agreement with German military aviation authority
TURKEY/ARMENIA: EU welcomes temporary opening of Margara-Alican border crossing
Kiosk
Kiosk: No. 125