As of October 2021, Panama is on the EU list of non-cooperative jurisdictions for tax purposes. Multinational companies will have to disclose publicly how much tax they pay in each EU country, which will increase scrutiny of their tax practices. On 11 November MEPs will vote on a provisional agreement with the Council that would […]
Read MoreWhy does the EU want to regulate the platform economy?
The last two decades have been marked by the unprecedented development of the online world – the rise of new technologies, companies, new ways of working, shopping, booking accommodation or even ordering food and transport. The e-Commerce directive, the cornerstone of the digital single market, was adopted in 2000, when platforms like Amazon, Google and Booking.com […]
Read MoreAutumn 2021 Economic Forecast for Spain and the EU
The EU economy is rebounding from the pandemic recession faster than expected. As vaccination campaigns progressed and restrictions started to be lifted, growth resumed in spring and continued unabated through summer, underpinned by the re-opening of the economy. Despite mounting headwinds, the EU economy is projected to keep expanding over the forecast horizon, achieving a […]
Read MoreNew road charging rules adopted by Council
The Council today gave its green light for stronger and wider road charging rules (Eurovignette directive) to incentivise cleaner and more efficient transport operations. The revised law includes a new scheme to address CO2 emissions to reduce transport’s carbon footprint in line with the European Green Deal and the Paris Agreement. “These new road pricing rules and a […]
Read More€1.4 million to support dismissed workers in automotive sector in Spain
The European Commission proposes to support 320 dismissed workers in the automotive sector in the Aragón region in Spain, who lost their jobs due to the COVID-19 pandemic. The proposed €1.4 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF) will help these people find new jobs through further education or training. The […]
Read MoreREACT-EU: Commission approves a further EUR 923 million for Spain’s recovery
The Commission has granted €923 million for Spain’s digital and green recovery and transition under REACT-EU, to be implemented through the European Regional Development Fund (ERDF) and European Social Fund (ESF) operational programs. Elisa Ferreira, Commissioner for Cohesion and Reforms, said: “Cohesion policy has been at the forefront of the fight against the economic, social […]
Read MoreSpanish GDP registered a variation of 2.0% in the third quarter of 2021
According to the advance published by the INE, the Gross Domestic Product (GDP) generated by the Spanish economy, measured in chained volume terms with reference to 2015, registered a quarter-on-quarter variation of 2.0% in the third quarter of 2021. This rate is nine tenths of a percentage point higher than that estimated for the second […]
Read MoreNew limits for some of the most harmful chemicals in waste
European Green Deal: Commission adopts new limits for some of the most harmful chemicals in waste La Comisión Europea ha adoptado hoy una propuesta para proteger la salud humana y el medio ambiente de algunas de las sustancias químicas más nocivas presentes en los residuos, los Today, the European Commission adopted a proposal to protect human health and […]
Read MoreOne in five people in the EU at risk of poverty or social exclusion
In 2020, there were 96.5 million people in the EU at risk of poverty or social exclusion, representing 21.9% of the population. This information comes from data published by Eurostat today. The article presents a handful of findings from the more detailed Statistics Explained article on the living conditions in Europe – poverty and social exclusion, accompanied by an […]
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