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Fiscal Policy
Show me the money: How much is the next CAP worth?
In a recent EURACTIV quiz, only 58.8% of respondents correctly identified how much of the EU’s budget is devoted to the Common Agricultural Policy (CAP), while just under two-thirds knew which of the CAP financial instruments is …
No progress on tax transparency without European agreement, says France
Est. 7minThe French parliament has finally rejected country by country reporting for the activities of the biggest French companies, refusing to get tough on tax optimisation without the involvement of their European partners. EURACTIV France reports.
Member states limit new flexibility clauses in EU fiscal pact
Est. 6minEXCLUSIVE / EU member states believe the European Commission is giving too much breathing space to struggling national economies when applying the Stability and Growth Pact, and decided to adopt a more restrictive view of EU fiscal rules, according to an official paper seen by EURACTIV.
Commission investigates McDonald’s tax rulings in latest Luxleaks twist
Est. 3minEU antitrust regulators will investigate McDonald's tax deals with Luxembourg which enabled the US fastfood chain to escape paying taxes on European franchise royalties from 2009, in a move which could lead to hefty back taxes for the company.
EU lawmakers’ panel seeks stronger tax-dodging rules from regulators
Est. 2minA panel of EU lawmakers stepped up pressure on the bloc's regulators on Tuesday (1 December), urging them to come up with concrete rules to clamp down on tax-dodging based on proposals from a special tax committee.
TAXE committee to fight tax evasion for another six months
Est. 7minThe European Parliament yesterday (25 November) adopted the TAXE committee's report on the tax practices of big businesses in Europe. But Europe's work on tax evasion is only just beginning. EURACTIV France reports.
29 journalists take European Parliament to court
Est. 5minTwenty-nine journalists have filed 27 complaints with the European Court of Justice against the European Parliament, which allegedly refused to give information on how MEPs spend their allowances
Google, Facebook and Amazon forced to face MEPs’ tax questions
Est. 6minSome 11 multinationals gave patchy responses to questions on their tax practices from the MEPs of the special committee on tax rulings (TAXE) on Monday, ending months of procrastination. EURACTIV France reports
Brussels ready to give France budget leeway for security
Est. 3minThe European Union said on Tuesday (17 November) it was ready to take French security priorities into account after France said it was likely to break eurozone deficit rules due to the Paris attacks.
Journalists investigating EU funds theft threatened
Est. 4minThe Committee to Protect Journalists, an international press freedom organization, has written to the Bulgarian Prime Minister, and top EU leaders, expressing concern that Bulgarian journalists investigating a huge corruption case have been harassed, warning they are at risk of retaliation for their reporting.
Spain overtakes France as the eurozone’s problem child
Est. 4minFrance’s budget deficit is unlikely to fall below 3% of GDP by 2017. But the deterioration of Spain's public finances may save Paris the worst criticisms. EURACTIV France reports.
New Brussels deficit projections for Spain fuel tensions ahead of election
Est. 5minThe European Commission has again increased its estimate of the Spanish budget deficit for 2015 and 2016. This is a blow for Prime Minister Mariano Rajoy, and exposes the political games of the EU executive. Our partner La Tribune reports.
Commission defends role as sole guardian of fiscal discipline
Est. 5minAmid growing concerns in Berlin, Frankfurt and The Hague about flexible interpretations of the Stability and Growth Pact, the European Commission ruled out the possibility of transfering the assessment of national budgets to an independent external body.
ECB attacks Commission’s easing of fiscal rules
Est. 4minThe European Central Bank has criticised the Commission's easing of EU fiscal rules as "counter-productive", in its latest economic bulletin published Monday (2 November).
Germany second only to Luxembourg in money laundering risk, says report
Est. 7minGermany’s secretive financial sector is second only to Luxembourg in its vulnerability to money laundering, and is one of the worst member states for tax dodging, according to an analysis of EU nations published a year after the Luxleaks scandal.
Commission vague about fiscal leeway for refugees
Est. 4minMember states face billions of euros in expenses for assisting refugees arriving in Europe. While the European Commission is ready to take this into account, the criteria remain unclear.
Juncker: Member states should pay for refugees
Est. 7minEuropean Commission President Jean-Claude Juncker made an appeal to the European Parliament, and to member states, to find innovative ways of financing the migrant crisis, as the EU coffers are running dry.
Britain to lobby EU to end ‘vagina added tax’
Est. 3minBritain will lobby the European Union and its member states to stop taxing tampons and women's sanitary products as luxury items, rather than necessities, a junior finance minister promised on Monday (26 October).
Facebook and Google to be grilled by MEPs over tax
Est. 5minIn a last minute move, Facebook and Google announced Friday (23 October) that they will appear before the European Parliament next month to be grilled by MEPs on their controversial tax arrangements, Parliament officials said.
Brussels orders EU countries to claw back ‘illegal’ tax rulings
Est. 5minEurope's competition chief ordered the Netherlands to recover €20-30 million in back taxes from Starbucks on Wednesday (21 October) and told Luxembourg to claim the same amount from Fiat Chrysler Automobiles.
Luxleaks tax case could tee up TTIP fight
Est. 3minThe European Union is expected tomorrow (21 October) Wednesday to decide against Fiat and Starbucks in a landmark tax avoidance case for the 28-nation bloc, sources close to the matter have said.
European institutions split over lobbying black list
Est. 4minThe European Parliament is considering revoking the accreditation of certain big business lobbyists. But the Commission has no such plans. EURACTIV France reports.
Juncker and Draghi fail to win support for eurozone reform
Est. 5minThe piecemeal approach orchestrated by Jean-Claude Juncker and Mario Draghi to address the root causes of the euro zone debt crisis and complete the Economic and Monetary Union (EMU) has not yielded any positive results so far, EURACTIV.com has learned.
Commission calls on Rajoy to meet deficit targets before elections
Est. 3minThe Spanish government is “somewhat optimistic” about its growth forecast for 2016. Therefore, Madrid should make additional efforts to meet its deficit targets for 2015, as well as next year, the European Commission said on Monday (12 October).