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2017 EU Budget draft: growth, jobs and migrant crisis in focus

he Commission has proposed the 2017 draft EU Budget of €134.9 billion in payments focusing on the two main policy priorities for Europe: supporting the ongoing recovery of the European economy and addressing the security and humanitarian challenges in our neighbourhood. Increased funding will go to investments in growth, jobs

Montenegro’s Cabinet held thematic session dedicated to structural reforms

dan državnosti crne gore statehood day montenegro crna gora 13 jul july

Montenegrin Cabinet held thematic sitting dedicated to structural reforms in Kolašin, Montenegro’s winter tourist center. 1st day: pening the session, Prime Minister Milo Đukanović stressed that it is the Government’s responsibility to offer before the end of the mandate their vision of the continuation of structural reforms, with clear guidelines that will serve

EC: 2015 report on Montenegro

2015 Report on Montenegro 's Progress he report on Montenegro is part of the 2015 Enlargement Package adopted today by the European Commission. The European Commission concluded that the country continued to make progress as regards the political and economic criteria, and has improved its ability to take on the obligations

The EU economy Autumn 2015 forecast

he economic recovery in the euro area and the European Union as a whole is now in its third year. It should continue at a modest pace next year despite more challenging conditions in the global economy. Against a backdrop of declining oil prices, accommodative monetary policy and a relatively weak

Benchmarks: restoring confidence in the financial markets

enchmarks are widely used to track market developments. However, financial scandals involving benchmarks such as Libor and Euribor have shown that they are susceptible to manipulation. On 18 May MEPs debate new rules to ensure the full transparency of all benchmarks used in the EU and vote on them the

Council closes a double non-taxation loophole

tax ruling tax evasion vat corporate multinationals companies profit

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

Commission seeks “Capital of Innovation”

smart city evropska prijestonica inovacija icapital

he European Commission has today started the search for the first European Capital of Innovation, or iCapital. The prize will reward the city which is building the best “innovation ecosystem”, connecting citizens, public organisations, academia, and business. Given that 68% of the EU population now lives in urban areas, it

ECB report: Fall in card fraud

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Card fraud has been on a declining trend since 2007, thanks to technological advances that are making transactions safer. This is the main conclusion of the second report on card fraud published today by the European Central Bank (ECB). However, fraud is migrating to countries where the technology remains less

New Internet portal helping businesses to access EU finance

access to finance finances funings fund bailout

Businesses around Europe will have easier access to much needed finance as the European Commission expands the single portal on EU finance, to include EU Structural Funds: the European Regional Development Fund (ERDF) and the European Social Fund (ESF). Launched last month, the new single portal on EU finance provides

Two Pack adopted by the Council of the EU

The Council "two pack" of regulations aimed at further improving economic governance in the euro area, namely: a regulation on enhanced monitoring and assessment of draft budgetary plans of euro area member states, with closer monitoring for those in an excessive deficit procedure, and a regulation on enhanced surveillance of

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