Minimum Wages for EU

Kim van Sparrentak

Negotiators from the European Parliament, Commission and Council  have reached an agreement on rules for minimum wages in the EU. The result of the trilogue negotiations is a big step forward to combat in-work poverty, the gender pay gap and wage inequality for workers all across the EU and the Greens/EFA Group welcome the results….

EESC Supports EU’s Global Gateway

EU Global Gateway

The EU’s Global Gateway initiative is the right step forward in improving connectivity with non-EU partners and like-minded developing countries.  In its relevant opinion, the European Economic and Social Committee (EESC) underlines that civil society representatives must be included on the board that will be set up to coordinate Global Gateway investments. It also stresses…

ECA Publishes Report on EU’s SME Policies

small business

Small and medium-sized enterprises (SMEs) are key to the EU’s economy. But they have not really benefited from EU action aimed at enhancing their competitiveness. That is the conclusion reached by the European Court of Auditors in a special report published today. EU funds stimulated SMEs’ willingness to invest, but their impact and effectiveness on…

Internal Market Committee Visits Silicon Valley

Andreas Schwab

Last week a delegation from the Internal Market Committee visited leading tech companies including Google, Meta, Apple, Airbnb, eBay, Paypal and Uber in the Silicon Valley. From 23 to 27 May, an Internal Market and Consumer Protection Committee delegation travelled to the Silicon Valley to meet with tech companies, local authorities and academia. MEPs had…

Reform of Emission Trading Scheme

Markus Beyrer

The European Parliament’s environment committee (ENVI) has voted on the reports for the reform of the Emission Trading Scheme and the Carbon Border Adjustment Mechanism, two of the most important files in the Fit-for-55 package.  The ETS covers more than 11.000 industrial installations in the EU, and with this reform it will expand its scope…

Minimum Corporate Tax Rate

minimum corporate tax

The European Parliament is set to debate and adopt the Aurore Lalucq report calling for the establishment and rapid implementation of a minimum corporate tax rate for multinationals into European law following the 2021 OECD agreement.  At their most recent meeting, EU economic and finance ministers failed to reach a common approach. Currently, Poland is…

SCM Donates US$48 billion to Ukraine in 40 days

SCM

From 24 February 2022 to 4 April 2022, SCM businesses, the Rinat Akhmetov Foundation, and FC Shakhtar donated about UAH 1.4 billion ($48 million) in aid to Ukraine and Ukrainian people. In particular, this amount includes humanitarian aid (food, medicines, essential items, evacuation, shelters, etc.), as well as support for the Ukrainian Armed Forces and…

Regulating Cryptocurrencies

Regulating cryptocurrency

Cryptocurrencies such as Bitcoin and Ethereum should no longer be an Eldorado for money laundering and terrorist financing, say MEPs. “Regulating cryptocurrencies is just as important as the fight against terrorism. It’s clear that, especially now with Russia’s horrible war on Ukraine, we have to get this right. We need to make sure our law…

Vodafone Digital Enabler Showcase

digital enabler showcase

Vodafone this week hosted its Digital Enabler Showcase event at the Concert Noble in Brussels.Leaders and policymakers from EU institutions, ambassadors, permanent representatives, academics, and media attended the event, which spotlighted the opportunity of digitalisation. Real-life examples of how the latest 5G digital technologies are being used to transform and accelerate the EU’s Digital and Green transition,…