login
login
Image header Agence Europe
Europe Daily Bulletin No. 13771
Contents Publication in full By article 4 / 36
ECONOMY - FINANCE - BUSINESS / Taxation

MEPs voice fears for EU’s competitiveness if wealthy individuals are taxed, experts respond

On Thursday 11 December, the European Parliament’s Subcommittee on Tax Matters (FISC) discussed with a number of experts the potential taxation of wealthy individuals and its consequences for the EU economy.

Regina Doherty (EPP, Irish) and Gilles Boyer (Renew Europe, French) voiced their concerns about the risks to the EU’s competitiveness that such a tax would entail.

Gabriel Zucman, Director of the European Tax Observatory, pointed out that his proposal is not a tax on companies, but...

Contents

ECONOMY - FINANCE - BUSINESS
EUROGROUP: twelve years after sovereign debt crisis, Greece’s Kyriakos Pierrakakis to preside over meeting of euro area finance ministers
ECONOMY: Eurogroup in favour of “broadly neutral” fiscal stance at euro area level in 2026
ECOFIN: Ukraine, macroeconomic guidelines, financial services and customs reform on agenda of meeting of European ministers
TAXATION: MEPs voice fears for EU’s competitiveness if wealthy individuals are taxed, experts respond
TAXATION: European Commission says it is essential to reduce tax gaps in order to increase Member States’ revenues
CUSTOMS: interinstitutional negotiations on reform are progressing, but will have to continue under Cyprus presidency of EU Council
Russian invasion of Ukraine
ECONOMY: financing of Ukraine - EU Council is to bring forward decision banning transfer of immobilised Russian public assets outside EU
SECTORAL POLICIES
AGRICULTURE : future CAP budget awaits decisions of EU Heads of State and Government
FISHERIES: EU and UK reach €1.2 billion agreement on fishing rights for 2026
HEALTH: EU Council and European Parliament seal an agreement on pharmaceutical package
HEALTH: European Commission report encourages healthcare system reforms in EU
JUSTICE: revision of Victims’ Rights Directive - EU Council and European Parliament reach provisional agreement
HOME AFFAIRS: most Member States want new EU legislative framework on retention of personal communications data
RESEARCH: Horizon Europe - European Commission’s 2026-2027 work programme simplifies participation and funding procedures
ENVIRONMENT: European Commission is not doing enough to ensure success of strategic LIFE projects, according to European Court of Auditors
BREACHES OF EU LAW
ENVIRONMENT: European Commission refers Portugal to Court of Justice of EU over Natura 2000 and urban waste water treatment
JUSTICE: European Commission brings Poland before EU Court of Justice for incorrectly transposing rules on procedural rights
PUBLIC PROCUREMENT: Bulgaria taken to court for failure to comply with European public procurement rules
TRANSPORT: European Commission refers Greece to court for incomplete implementation of regulation on aircraft navigation procedures
EXTERNAL ACTION
TRADE: co-legislators agree on mechanism for foreign investment screening in EU
CHINA: unfair foreign subsidies—EU opens in-depth investigation into Chinese company Nuctech
UKRAINE: EU and Ukraine agree on ten-point action plan to advance accession process despite Hungarian opposition
SERBIA: Aleksandar Vučić rekindles European doubts about Belgrade’s pro-EU commitment during visit to Brussels
MIDDLE EAST: activists and academics call on EU to take action against settlements
HUMANITARIAN AID: €5 million from European Commission to strengthen supply chains
INSTITUTIONAL
BUDGET: MFF 2028-2034 - Siegfried Mureşan and Carla Tavares present draft report calling for stronger EU budget
BUDGET: Multiannual Financial Framework 2028-2034 - political groups in European Parliament agree on distribution of dossiers
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
HOUSING: speculation, over-tourism, homelessness - S&D and Renew Europe Groups in European Parliament have high expectations of future European Affordable Housing Plan
COURT OF JUSTICE OF THE EU
JUSTICE: EU Court of Justice clarifies how to determine applicable law in event of change in employee’s usual place of work
NEWS BRIEFS
HOME AFFAIRS: online child sexual abuse material - work to resume under Cyprus Presidency of EU Council
AGRICULTURE : ‘Omnibus’ legislation simplifying environmental regulations disappoints EU agricultural organisations
UNITED ARAB EMIRATES: EU and United Arab Emirates launch negotiations for strategic partnership agreement
COMPANIES: ‘omnibus’ - MEPs approve provisional agreement on simplification of CSRD and CSDDD directives
JUSTICE: MEPs approve provisional agreement with EU Council on directive harmonising various aspects of insolvency law
DIGITAL: European Commission launches European partnership on virtual worlds
REGIONS: European Committee of Regions and Quebec sign cooperation agreement