17 Nov 2016
EUROPEAN COMMMISSION DAILY NEWS – 17 NOVEMBERBrussels Daily
EU budget deal focuses on strengthening economy and responding to the refugee crisis
In the early hours of 17 November the EU institutions reached an agreement on the 2017 EU budget. As proposed by the Commission earlier this year, in 2017 the EU will spend more money on making Europe more competitive and more secure. Likewise, more money will go to support for the reception and integration of refugees and to address the root causes of migration in the countries of origin and transit. European Commission Vice-President Kristalina Georgieva, in charge of budget and human resources, said: “We have left no stone unturned to secure the money for a budget that will work in the best interest of our people. The 2017 EU budget will thus help buffer against shocks, providing a boost to our economy and helping to deal with issues like the refugee crisis. We continue to focus our budget on results, ensuring that every euro from the EU budget will make a difference.” More information is available here.
Commission hosts joint tax conference with IMF and publishes new report on the performance of EU Member States’ tax systems
A new report published by the Commission today examines how the tax systems of Member States are performing against the twin taxation priorities of efficiency and fairness. Published to coincide with the joint European Commission-IMF conference on ‘Taxation, Investment, and Innovation: a Triptych for Balanced Growth’, this first survey of Tax Policies in the EU draws together information from different sources to examine how Member States’ tax systems help to promote investment and employment, how they are working to reduce tax fraud, evasion and avoidance, and how tax systems help to address income inequalities and ensure social fairness. The report substantiates the priorities outlined in the Annual Growth Survey in the area of taxation and presents clearly and accessibly the most recent reforms undertaken by Member States. Reform options are also presented, alongside examples to help those Member States looking into ways to improve efficiency and fairness in their tax systems. An infographic provides a quick overview of the report’s main findings and trends. Further information can be found in the full report here. Commissioner Pierre Moscovici will give the opening speech at the joint European Commission-IMF conference later today. The event begins at 14:30 CET today and will be livestreamed here.
NEWS IN FULL