- EU own resources: Budget Commissioner Hahn urges haste
- Special tax for banks and energy companies: These are Madrid’s plans
- Czech Republic relieves citizens of energy costs
- Gazprom reports drop in production
- Borrell: end of blockade in Odesa first step against food crisis
- Bulgaria: new elections in October
- EU invites Serbia and Kosovo to mediation talks
- Burkhard Ober – curious about the European patchwork
The political and economic realities of European countries steadily grow increasingly intertwined. As a result, the growing influence of European regulation on the policies and the framework conditions of companies in European member states is felt by all stakeholders – currently and particularly when dealing with the consequences of the war in Ukraine, energy supply, and also inflation.
Today marks one year since the Europe.Table editorial team began analyzing the political processes of the EU and giving decision-makers in politics, business, and society important signals for their actions daily. While initially focused on the transformations in the areas of digitization and the Green Deal, Till Hoppe‘s team has since been observing more and more political areas and the policies of the EU’s German neighbors.
We are proud of our several thousand readers and, on our first anniversary, we would like to take the opportunity to thank you for your trust. We remain committed to our goal to provide you with a sound basis for your decisions and to make you aware of any changes affecting your area of responsibility early on.
Now on to what you can expect in today’s briefing: Budget Commissioner Johannes Hahn urges haste regarding future EU own resources. Even though the EU Parliament is very committed, the heads of state and government of the member states still have some way to go,” says Hahn in an interview with Hans-Peter Siebenhaar.
An excess profits tax for energy companies is currently the subject of lively debate in Germany, including within the traffic light coalition where parties disagree. Spain’s government, on the other hand, has recently presented a draft law that provides for special taxes for banks and energy companies. Isabel Cuesta Camacho reports on the plans from Madrid.
In Mirja Mader‘s profile, you can read how Burkhard Ober came to Brussels in 2006 as Head of European Affairs at Allianz. Today, he is a consultant at Hume Brophy, where he advises on financial market regulation.
EU own resources: Budget Commissioner Hahn urges haste
In the discussion on future own resources, the EU Commission criticizes the continued reluctance of member states. “We haven’t really gotten off the ground yet. Even though the EU Parliament is very committed, there is still room for improvement among the heads of state and government of the member countries,” EU Budget Commissioner Johannes Hahn told Europe.Table. “The European Council needs to understand that we need to start the talks now.”
The Commission had presented its proposals for a new own resources system shortly before Christmas last year. Specifically, this proposal envisages three future sources of money for the EU budget : Revenue from emissions trading, revenue from the proposed Carbon Border Adjustment Mechanism (CBAM), and a share from the global minimum tax agreed within the OECD.
Last October, 130 member countries of the OECD agreed to reform the international tax system in the fight against profit shifting and tax avoidance. According to Commission estimates, this could create revenue of €2.5 to €4 billion per year for the EU coffers.