EU Economy and Finance

The Brussels Economic Forum (BEF) returns for its 25th edition on 22 May 2025!🎉🙌 For a quarter century, the BEF has been the annual economic event of the European Commission. It brings together high-level European and international policymakers, academics, civil society, and business leaders to tackle key challenges and set policy priorities. Don't miss a day of debates and networking in Brussels or online! 📆 Mark the day in your calendar and check out the programme on the event page: https://europa.eu/!8P3Cg4 More information on speakers and registration details will follow shortly. #EUBEF25

The Quarterly Report on the Euro Area (QREA) for Q4-2024 is available now! Given the continued prominence of inflation in the economic policy debate, this edition features two analytical chapters revolving around inflation. 🔷 The first chapter analyses the persistence of services inflation. 🔷 The second chapter discusses the channels through which inflation and the related policy response affect inequality. 🔷 Finally, the third chapter analyses capital taxation in the euro area with a special focus on capital gains taxation and corporate income tax. 🔎 Read here: https://europa.eu/!Kdj8w4

💶 The Annual EU Budget Conference is back! 💶 🗓️ Mark your calendars for 20-21 May 2025! 🌍 This year's edition will focus on the topic "From local action to global influence: the next long-term Union budget" Registrations will open in March! The next long-term budget will power the Union shared vision for the future in a context of growing geopolitical, economic and societal challenges. The Annual EU Budget Conference will bring together a wide array of stakeholders to rethink a future budget with the Union policy priorities at the centre by making it more focused, simpler and impactful. European Commissioner for Budget, Anti-Fraud and Public Administration, Piotr Serafin, together with high-level speakers, will lead an open debate on: -How can the EU budget best support economic growth and resilience across our territories? -How to make the EU budget the engine for investment and competitiveness? -How should a strategic external action funding should be designed? -How would a modern EU financial architecture, with new revenue sources and involving private sector financing look like? -How can the EU budget be designed to deliver EU value added and results more effectively? Stay tuned to our newsletter to book your spot when registrations open: https://europa.eu/!PrtwwY

This week, 𝗔𝗹𝗲𝘅𝗮𝗻𝗱𝗿𝗮 𝗝𝗼𝘂𝗿-𝗦𝗰𝗵𝗿𝗼𝗲𝗱𝗲𝗿, Deputy-Director General at DG FISMA, participated in the 4th No Money for Terror (NMFT) Ministerial Conference, hosted by Germany on the initiative of Federal Minister of Finance. This timely event brought together global leaders to discuss the growing threats of money laundering and terrorist financing.   Some highlights from Alexandra’s intervention:   In the EU we recognise the importance of multilateral cooperation in this fight and we have taken significant steps to enhance cooperation and information sharing, reflecting our commitment for a more effective approach to combating financial crime.   🔎 A key milestone is the establishment of the European Anti-Money Laundering Authority (AMLA). This new authority will start operations this summer, supervising selected entities as well as facilitating cooperation between Financial Intelligence Units (FIUs), including and enhancing secure information sharing.   📲 Our recent reforms also better address new trends and emerging technologies, such as crowdfunding platforms and crypto asset service providers.   🤝 The European Union is strongly committed to strengthening international cooperation on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT). We actively support our partners through technical assistance, a key element of our international cooperation. As a leading donor in this field, we provide targeted and flexible support through our Global Facility, aligned with FATF monitoring processes.   However, our work doesn't stop at standard-setting within the FATF. We must prioritise the effective implementation of these standards, ensuring consistent application and enforcement across the globe.   Through collective efforts, we can create a more resilient global financial system that serves the interests of all.   📰 More information on the Ministerial Conference held in Munich 👇 https://lnkd.in/eauVfXjQ

The European Commission has just proposed a significant change to the settlement cycle for EU securities: shortening the period it takes to complete a trade from two business days (the so-called “T+2”) to just one (“T+1”). The move to T+1 aims to strengthen the competitiveness of post-trade financial market services in the EU, which are vital to a well-functioning Savings and Investments Union (SIU). Reducing the settlement cycle will benefit a wide range of stakeholders (investors, including retail ones, listed companies and market infrastructures) and: 📌will promote settlement efficiency and increase resilience of EU capital markets 📌will reduce the risks faced by buyers and sellers of securities and the need for collateral to ensure the completion of their transactions 📌Will increase trading volumes and liquidity 📌Will help to avoid market fragmentation and eliminate costs linked to misalignment with other global financial markets In line with the report from the European Securities and Markets Authority (ESMA), the proposal sets 11 October 2027 as the appropriate date for the transition to T+1 settlement, giving market participants sufficient time to adapt and develop the necessary processes and standards. The proposal will now be submitted to the European Parliament and the Council. Close cooperation between #ESMA, the European Central Bank, the Commission and the financial industry, through the T+1 Governance structure, is of the utmost importance to facilitate the transition to a shorter settlement cycle. We will also strive to coordinate with other European countries intending to move to T+1, such as the UK and Switzerland, given the close links between our capital markets.   📃 Read more on the T+1 proposal 👉 https://europa.eu/!WvpcYW 🔎 More info on the T+1 governance structure on the ESMA's website 👉https://europa.eu/!rthQG7 📽️ Watch the press point with Commissioner Maria Luís Albuquerque 👇 https://europa.eu/!8jThvB

🚨 Let’s shape the future of the EU Budget together! 🗣️ 📢 💶 The EU Budget is more than just figures on a spreadsheet—it’s about people, opportunities, and our shared future. It funds the roads we drive on, the research that fuels innovation, the farms that feed us, and the businesses that create jobs. It has helped us navigate crises, from the COVID-19 pandemic to the energy crisis. It has also enabled us to stand firmly with Ukraine in the face of Russia’s aggression. However, new challenges and expectations for EU action require reconsidering the way the EU budget works to make it fit for the future. The objective of a free, democratic, strong, secure, prosperous and competitive Europe calls for a reformed and reinforced EU budget – simpler, more impactful, and more targeted. 📢 Today, we take an important step forward with the launch of the Communication: ‘The Road to the next Multiannual Financial Framework’. This Communication lays out the challenges and opportunities shaping the next long-term EU budget. 🌍 We need a European budget that reflects the needs and aspirations of Europeans. And who better to guide us than… Europeans themselves? 🗣️ That’s why we are also launching Europe-wide Public Consultations! A chance for citizens, businesses, and stakeholders to have their say on the policies and priorities that should guide our next long-term budget. Your ideas, concerns, and expectations will help shape the future of Europe. This is your opportunity to weigh in on the policies that shape your daily life. You don’t need to be an expert; you just need to care about Europe’s future. We want to hear from you – your ideas, your concerns, your vision for a better Europe! 👉 Now it’s your turn! Tell us what matters to you: https://europa.eu/!BJYmRR

🚨 Live today: Youth Dialogue with Commissioner Wopke Hoekstra 🚨 22 young people from across the EU will discuss climate policy & taxation. ✔️Green taxation: sustainable practices to combat climate change ✔️ Competitiveness: boosting innovation and entrepreneurship ✔️ Tax fairness: economic inequality and social justice 📺 Don’t miss your chance to tune in live, ask your own questions, and be part of the conversation! 🕑 Today from 12:45 - 14:45 CET 🔴 Watch live on LinkedIn: https://lnkd.in/dVEQ4QNN #AskWopke #WEUtalk2025 #YouthPolicyDialogue

🚨 Live today: Youth Dialogue with Commissioner Wopke Hoekstra 🚨 22 young people from across the EU will discuss climate policy & taxation. ✔️Green taxation: sustainable practices to combat climate change ✔️ Competitiveness: boosting innovation and entrepreneurship ✔️ Tax fairness: economic inequality and social justice 📺 Don’t miss your chance to tune in live, ask your own questions, and be part of the conversation! 🕑 Today from 12:45 - 14:45 CET 🔴 Watch live on LinkedIn: https://lnkd.in/dVEQ4QNN #AskWopke #WEUtalk2025 #YouthPolicyDialogue

You could be one of the citizens shaping the future EU Budget! 🗣️📢 We are currently randomly selecting citizens from across all 27 EU Member States to join a European Citizens’ Panel in Brussels. This is an incredible opportunity to play a direct role in shaping a new EU budget that reflects our shared ambitions. Here’s what makes this initiative special: -Citizens are being selected through a random process, managed by our trusted partner, the Sortition Foundation. -From the pool of registered participants, 150 people will be chosen to represent the diversity of the EU. -These participants will come together to discuss and propose recommendations for the future EU budget. In addition, the Citizens’ Engagement Platform offers an inclusive space for every citizen to debate EU policies in their own language, with real-time translation across all 24 official EU languages, so everyone’s voice can be heard. This is more than a discussion—it’s your chance to have a real impact on decisions that shape Europe’s future. By participating, you’ll be helping to build a budget that’s more focused, simpler, and more impactful! 🔗 Learn more about it here: https://europa.eu/!3yc877

What role does the EU play in the international finance arena? Find out in the latest episode of the EU Finance podcast with Raffaella Assetta, Head of International Affairs at DG FISMA. Watch now on Spotify & YouTube or listen on your favourite platform. 📺 https://lnkd.in/eAGqQ4Fj 🎧 https://lnkd.in/eJb5ZWd5