The Council has opened an excessive deficit procedure (EDP) for Finland. It has also adopted a recommendation to Finland outlining the net expenditure path and timetable that the country must follow to end its excessive deficit by 2028. The EDP mechanism aims to ensure that EU Member States maintain or restore discipline in their public […]
Read MoreThe European Commission announces the members of the third Platform on Sustainable Finance
The European Commission has published the list of members for the third term of the Platform on Sustainable Finance. The Platform will advise the Commission on issues related to the EU taxonomy and the EU sustainable finance framework in general. Following a call for applications in July 2025, the Commission appointed 28 members and 16 […]
Read MoreCommission launches major package to fully integrate EU financial markets
Last December 4, the European Commission adopted a comprehensive package of measures designed to remove barriers and unlock the full potential of the EU single market for financial services. This package is a central component of the Savings and Investments Union (SIU) strategy, aiming to create a more integrated, efficient, and competitive financial system providing EU […]
Read MoreCommission announces strategic approach to strengthen Europe’s economic security
Last December 3, the European Commission and the High Representative presented a Joint Communication on strengthening Economic Security. It outlines concrete steps to reinforce the EU’s strength and resilience in the face of growing external economic threats, while retaining our openness and commitment to international trade and investment. The Joint Communication builds on the Economic Security […]
Read MoreCommission outlines priorities to boost EU competitiveness in its 2026 European Semester Autumn Package
The European Commission adopted on November 26th the 2026 European Semester Autumn Package, setting out economic and employment policy priorities to boost competitiveness. In an increasingly challenging geopolitical environment, the Commission calls for coordinated action to strengthen productivity, innovation and investment, in line with the Competitiveness Compass. The Autumn Package launches the 2026 European Semester cycle, which will improve […]
Read MoreCommission proposes to promote supplementary pensions to secure retirement income
The European Commission adopted on 20 November a package of measures to help citizens obtain an adequate income in retirement through better access to better and more efficient supplementary pensions. The aim is to complement, not replace, public pensions, which form the basis of pension systems in all Member States. The adopted package is part […]
Read MoreAutumn 2025 Economic Forecast shows continued growth despite challenging environment
The European Commission’s Autumn 2025 Economic Forecast shows that growth in the first three quarters of 2025 outperformed expectations. While the strong performance was initially driven by a surge in exports in anticipation of tariff increases, the EU economy continued to grow in the third quarter. Looking ahead, economic activity is expected to continue expanding at a moderate pace over […]
Read More2026 EU budget deal: EP boosts research, competitiveness and security
MEPs achieved increases for the 2026 EU budget and secured funds for Horizon Europe, transport and energy networks, civil protection and agriculture. On Saturday morning, negotiators from the European Parliament and the Council reached a provisional agreement on the 2026 EU Budget, before the deadline of the conciliation period. Negotiators agreed to set the overall […]
Read MoreCommission proposes strengthened cooperation to combat tax fraud
On November 14th, the European Commission proposed an amendment to strengthen cooperation between the European Public Prosecutor’s Office (‘EPPO’), the European Anti-Fraud Office (‘OLAF’), and Member States. The proposal provides a legal basis for the exchange of information and access to VAT data, enhancing the EU’s ability to combat fraud against the financial interests of […]
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