EU Economy and Finance

🌱 European Commission Unveils Recommendation on Tax Incentives to Power the Green Transition! 🚀 The Clean Industrial Deal (CID) is gaining momentum with a Recommendation on Tax Incentives to help unlock €480B in clean tech investments and accelerate decarbonization. Here’s why these matters: ✅ Key Tools for Industry: Accelerated Depreciation and immediate expensing (up to 100% upfront deductions): Improved cash flow for renewable energy, energy-efficient machinery, and clean tech investments. Targeted Tax Credits: Direct reductions in corporate taxes for clean tech and strategic sectors (e.g., hydrogen production, low-carbon manufacturing). Where possible, tax credits should be refundable, or they could also be offsetable with other taxes. 🌍 Strategic Impact: Strengthen EU competitiveness in the global green transition. Cut emissions while creating jobs and boosting innovation. Align tax policy with climate goals so there is a stronger clean business case, aligned with EU state aid rules (via CISAF and GBER exemptions). 📊 Why It’s a Game-Changer: Simplicity & Clarity: Clear eligibility criteria to increase certainty for businesses. No Fossil Fuel Bias: Support is strictly for clean tech. 📅 Next Steps: Member States are asked to report on their adoption of relevant measures, with the Commission offering technical support to discuss best practices, and use annual progress reports to track the impact on the broader goals of the Clean Industrial Deal. This Recommendation marks a pivotal step in transforming the EU’s industrial landscape. Let’s build a net-zero future together—fairly, sustainably, and competitively. 🌿 #CleanIndustrialDeal #ClimateAction #EUCompetition #GreenTransition #TaxIncentives What’s your take on how tax policy can drive the green transition? Share your thoughts below! 🌎✨ For more details, visit https://lnkd.in/dqEa7CHm and https://lnkd.in/evreZr2z

💼 SMEs – Need help navigating EU sanctions? Join us for this webinar to learn how the European Commission's EU Sanctions Helpdesk can support your compliance journey for free. 📆 15 July | 10:30 CEST | Online In only 30 minutes you'll get: ✅ An introduction to the Compliance Support Service ✅ A live demonstration ✅ Practical tips to get started ➡️ Register now! https://europa.eu/!7d4mqW

The European Commission is committed to facilitating Member States' reporting and to reducing administrative burdens related to the Recovery and Resilience Facility (RRF). Last Friday, Commissioner Valdis Dombrovskis hosted an #ImplementationDialogue, a new type of consultation event, with more than 30 government representatives where he listened to:   - lessons learnt from the implementation of the #RRF; - their recommendations on further #simplification.   Commissioner Dombrovskis thanked the participants and underlined that their insights will help improve procedures in the final phase of the RRF, streamline existing national plans and enhance the design of future instruments.

🥊 The fight against tax avoidance and evasion is a key priority for EU tax systems, because Member States are still losing too much revenue to non-compliance. 📈 That's just one conclusion in this year's Annual Report on Taxation. The report offers a wide-angle snapshot of taxation across the EU, with deep analysis and fresh country-specific data. If you're into tax, it's your perfect summer read! #TaxMix2050

Commissioner Valdis Dombrovskis is hosting an #ImplementationDialogue with more than 30 government representatives about the further simplification of the implementation of the Recovery and Resilience Facility (RRF). We are keen to hear what 🚧 reporting and administrative challenges Member States face when they deal with the RRF; 💡 recommendations they have for the Commission for an eventual future performance-based instrument.

How could the European Commission further simplify the implementation of the Recovery and Resilience Facility? Commissioner Valdis Dombrovskis will host an #ImplementationDialogue tomorrow where government representatives will share the main reporting and administrative burden they face and their recommendations on how the procedure could be simplified and improved for the final phase of RRF. The Commission will present the summary later on the page of the dialogue: https://lnkd.in/eBXFtSdU

📄 Yesterday’s Annual Report on Taxation event clearly showed the links between two key aspects of tax policy: the progressivity and fairness of the overall tax system, and the efficiency and effectiveness of tax administrations. 🤝 With the right policy choices, these elements can reinforce one another, helping Member States raise the revenue needed to face our shared challenges while retaining public consent and trust. 📡 In a world of geopolitical tension and economic transformation, it is vital to future-proof our tax systems and explore new approaches to revenue collection. That starts with improving tax compliance, reinforcing fairness, and ensuring everyone pays their fair share. You'll find the report and the replay in the comments. #TaxMix2050

📢 We will issue up to €70 billion in EU-Bonds in the second half of 2025! In a year marked by market volatility, the EU has maintained a stable, predictable and large-scale presence in the capital markets. We raised €85 billion in EU-Bonds in the first half of 2025, and plan to raise an additional €70 billion by year-end. This will bring our total bond issuance to nearly €160 billion in 2025. This funding supports a broad range of EU priorities: 💪 Continued disbursements under NextGenerationEU to build a greener, more digital and more resilient Europe 💶 Financial aid to Ukraine 🌍 Financial support to partner countries in the Western Balkans and in the neighbourhood 🛡️ The newly adopted SAFE instrument to strengthen EU defence capabilities Investor demand remains strong, a reflection of the EU's status as a trusted, highly-rated and liquid issuer. 📘 Read the full Funding Plan here: https://europa.eu/!fqyXdd