EU Economy and Finance

EU Economy and Finance

Government Administration

We bring the latest news, jointly delivered by the European Commission's economic, financial affairs & tax departments.

About us

Stay informed about the latest developments in EU economic affairs, financial services, taxation, and customs. DG ECFIN, DG FISMA, DG TAXUD and DG BUDGET's work together to build an economy that benefits everyone, promoting social fairness and prosperity across Europe. #NextGenerationEU #ECForecast #FairTaxation #EuropeanSemester #DigitalEuro #EUTaxonomy #InvestEU #CustomsUnion #VAT #EUEconomyExplained

Website
https://commission.europa.eu/business-economy-euro_en
Industry
Government Administration
Company size
1,001-5,000 employees
Headquarters
Brussels

Updates

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    Big news from Oslo! On June 6th, Norwegian bank DNB received an European Investment Fund (EIF) guarantee, enabling up to NOK 2.5 billion in new lending for SMEs. Backed by the EU's #InvestEU programme, this initiative will support up to 250 companies in accelerating their green and digital transitions. 🌱 💻 A significant step towards a sustainable future for European businesses! More details: https://lnkd.in/dEUxuQtg 📺 Watch the video to explore inspiring InvestEU success stories shaping Europe's future.  ⬇️ #GreenTransition #DigitalTransformation #SMEs

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    To achieve the EU’s climate and environmental objectives, massive amounts of private investments are required.  The EU Taxonomy, a classification system for sustainable activities, is an important market transparency tool. It helps direct investments to the economic activities most needed for the green transition. Many companies can make use of it, including those that want to be sustainable but are not there yet. How many Taxonomy-aligned investments has it resulted in? Find out more about how the EU Taxonomy has been taken up on the ground so far 👇 

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    Adjusting and preparing for a greener future with cleaner industries is precisely what the #CBAM transitional phase is for. To support you and help you become compliant in your quarterly reporting obligations, the European Commission developed a rich and valuable learning portal with diverse resources and tools. Time to get curious - navigate our catalogue here below and click on the module you’re interested in 👇 ↔️ Get ready to fulfil your next commitment by 31 July 2024. #LearningCBAM

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    How is the EU plotting a course out of COVID debt to a greener future? To accelerate the bloc’s post-pandemic recovery and green and digital transition, the EU set up the Recovery and Resilience Facility, the centrepiece of #NextGenerationEU. Recently reformed spending rules aim to bring national debt levels gradually back under control. On 30 April 2024, the new economic governance framework entered into force. Find out more in the 1 minute Crash Course of the #RealEconomy magazine by Euronews! ⬇ 📺 Full episode: https://lnkd.in/eFdPJC6f

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    Are you a small business struggling with cross-border #tax rules? The Head Office Tax System for SMEs (HOT) would simplify this by allowing you to interact with only one tax administration.   🔹 The system would be optional and designed for initial expansion. 🔹 The proposal needs unanimous agreement from Member States.   Watch the recording of our webinar and support the proposal, which will benefit small businesses 👉 europa.eu/!7T6TMX Watch a sneak peak of the webinar 👇

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    The special issue of the Spring 2024 #ECForecast takes stock of the achievements of economic convergence process by the EU countries that joined in 2004 and assesses the prospects of further convergence ahead. The average income per capita in the 2004 enlargement group has been catching up steadily towards the average level of Member States that joined before 2004. The income gap could close by 2040. The progressive deterioration in the contribution from labour in all Member States has been driven by negative dynamics in working-age population. The working-age population in the EU is projected to continue declining, driven by negative population growth and ageing. 📉 🔎 More details: https://europa.eu/!xVRn3j #EUEconomyExplained

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    We are excited to share our latest milestone! A new loan agreement with Swappie, Europe’s largest iPhone refurbisher, will significantly boost the quality refurbishment of smartphones, extending their lifespan and reducing e-waste. 🌍📱♻️ The deal underscores the European Investment Bank (EIB) dedication to the circular economy and the European Green Deal. We are proud to support this initiative with an #InvestEU guarantee for innovation investments that drive the green transition. 📺 Watch the video for more inspiring success stories shaping Europe's future. ⬇️ 💡 More information here: https://lnkd.in/dpgPabC5 #Sustainability #CircularEconomy #GreenDeal #Innovation

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