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- European Parliament estimates digital levy could raise €25bn annually
- EU plans to use Google fines to reduce member states’ budget contributions.
- Russia intensifies attacks on Kyiv, targeting Academy of Sciences
EU
The European Parliament’s proposed digital levy could generate up to €25.2 billion yearly, significantly exceeding the European Commission’s prior estimates. MEP Danuše Nerudová highlighted the broader tax base considered, which includes online gambling and digital services, amid ongoing negotiations for the EU’s long-term budget.
E.U. BRIEFING
This morning, Europe addresses various economic and environmental challenges, focusing on sustainability and regulatory developments.
Key discussions are expected on energy, defence, and digital policy.
European defence ministers convened in Brussels to bolster support for Ukraine amid ongoing Russian aggression, which is impacting the region. Discussions will focus on enhancing the EU’s emergency protocols against hybrid threats and addressing financial aid needs for Ukraine’s military, as President Zelenskyy seeks €23.5 billion.
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Sixteen European consumer groups, led by BEUC, have accused seven low-cost airlines of misleading practices regarding hand baggage fees, urging the EU to investigate and impose sanctions for violations of consumer laws.
After prolonged negotiations, Britain and the European Union have finally signed a comprehensive economic partnership deal, marking a turning point post-Brexit.
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