Economic and Monetary Affairs

Bitcoins

New money laundering rules also apply to virtual currencies "It will get much tougher to remain unseen when doing shady financial...

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Savings

Today, the European Parliament approved the extension of the European Fund for Strategic Investments, referred to as EFSI 2.0. This extension...

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Palm growing from pile of euros

EPP Group calls for speeding up work on blacklists of tax havens and places used for money laundering "Normal citizens and companies pay...

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Businessman analyzing business data and using calculator

"Value added tax must be collected where the consumer is, not where the merchant is. A new VAT system must be based on such a destination...

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About

The Committee on Economic and Monetary Affairs is responsible for the economic and monetary policies of the Union, the functioning of Economic and Monetary Union and the European monetary and financial system. It also deals with the free movement of capital and payments and with rules on competition and state aid.

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Press Release
19.04.2012 - 10:30

Taxation: European harmonisation of corporate tax

European companies doing business across borders will soon have the possibility to apply a common set of rules for calculating their tax base. The European Parliament has adopted a report by Marianne...
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News
16.04.2012 - 11:15

Harmonisation of corporate tax base

At present, companies operating in several European Member States can be subject to 27 different national tax systems. This results in high compliance costs for European businesses. Even transactions...
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Press Release
29.03.2012 - 15:30

Financial Products: Risk-bound products must be assessed

Speculation and risk-bound financial products must be assessed by the EU supervisory body before they can be placed on the market. The European Parliament Rapporteur on the Directive on Markets for...
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News
26.03.2012 - 09:45

Derivatives - regulating a €540 trillion market

A major cause for instability in the financial markets - derivatives - will finally be subject to strict EU transparency rules. This is all the more important as the volume of derivatives is enormous...
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Press Release
22.03.2012 - 12:45

MiFID: Tough rules on EU trading platforms.

The new EU Directive on Markets for Financial Instruments (MiFID) must tame the financial sector and create transparent and efficient financial markets in the EU. This is the aim of the European...
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Press Release
21.03.2012 - 12:30

Harmonising corporate tax base reduces costs and red tape

European companies doing business across borders will soon have to apply a common set of rules for calculating their tax base. The European Parliament's Committee on Economic and Monetary Affairs...

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