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Council Of The European Union Explained

Council Of The European Union: Facts And Figures The Council of the European Union – often referred to as the Council of Ministers forms one part of the legislature and the budgetary authority of the Union. The Council and European Parliament together adopt much of the EU’s legislation and the Union’s annual

European Investment Stabilisation Function – EISF

council eu taxation taxes tax euro beps eu list eonia euribor estr €str ester

he idea behind the Commission’s proposed European Investment Stabilisation Function (EISF) is to use dedicated financial means from the EU budget to help Member States stabilize their economies in the event of a major asymmetric shock. In the context of EISF, the Commission would borrow on the financial markets and

UK withdrawal from the EU – Next steps of BREXIT

he referendum held in the United Kingdom on 23 June 2016 on the question of whether to remain in, or leave, the European Union resulted in 51.9% of those voting (on a 71.8% turn-out) supporting withdrawal from the Union. Although, formally speaking, the referendum was consultative, the British Prime Minister,

COP21: 2015 Paris UN climate change conference

rom 30 November to 12 December, Paris hosted the 21st session of the Conference of the Parties (COP 21) to the United Nations Framework Convention on Climate Change (UNFCCC) and the 11th session of the meeting of the parties to the Kyoto Protocol (CMP 11). On 12 December, the parties reached

EP adapt new package travel rules

ackage holidays, consisting of a flight, hotel or car-hire and purchased online for an all-in price or through linked webpages, will get the same protection as packages bought in travel agencies under rules voted by the Members of the European Parliament (MEPs). MEPs ensured that travelers will have more options

2016 EU Budget: Focus on migrations and jobs

he budgets committee on demanded more funds to handle the migration and refugee crisis, help young people into jobs, and fully offset the cuts to the EU's research and transport networks programs, in a political resolution on the 2016 budget. The committee had earlier reversed all the Council's cuts to

Council: End of roaming charges in mid-2017

The Latvian presidency reached a provisional deal with the European Parliament on new rules to end mobile phone roaming fees and safeguard open internet access, also known as net neutrality rules. For the Council, the agreement still has to be confirmed by member states. End of roaming fees in mid-2017 Under the agreement, roaming surcharges in the

How EU legislation gets created?

he media often report on how Brussels has decided on a new piece of legislation, but this is a simple version of what is a very complicated process. Parliament became a central part of the EU decision-making process when the co-decision procedure was introduced in 1992. Under the co-decision procedure, a

European Council: New Travel Package Directive

he European Council confirmed a political agreement on the reform of the Travel Package Directive. The new directive will update current EU rules on package holidays by aiming to adapt to travel market developments in order to meet the needs of consumers and businesses in the digital era. It will extend the protection for traditional packages to

Council closes a double non-taxation loophole

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At the Economic and Financial Affairs Council meeting on 20 June the ministers agreed an amendment to EU tax rules that will close a loophole which had allowed cross-border corporations to profit from double non-taxation. The agreed amendment to the parent-subsidiary directive will put an end to the situation whereby cross-border

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