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.

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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.

The UK and European Union have announced a comprehensive agreement aimed at resetting relations post-Brexit. Key elements include a commitment to work towards a common sanitary and phytosanitary (SPS) area, and aligning UK rules with EU standards on plant and animal health.

The UK and EU agreed a new 10-year fishing deal, giving EU boats continued access to British waters, in a major breakthrough, years after Britain left the EU. The agreement was seen as key to unlocking progress in wider trade discussions.

The UK’s leading business lobbying group, the CBI, is calling for a major reset in relations with the EU, saying the current post-Brexit setup is “no longer fit for purpose”. Ahead of a UK-EU summit on 19 May, the group has urged both sides to rebuild trust and take “practical steps” to reduce red tape, ease staff mobility, and coordinate on climate, defence and energy.

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