Latest news and stories about eu regulation in finance in Portugal for expats and residents.
China's Ministry of Commerce has warned of potential retaliation against the European Union's proposed industrial accelerator law, citing concerns over discriminatory investment barriers for foreign firms.
The European Union has reached an agreement requiring the country where an individual works and contributes to be responsible for paying their unemployment benefits, addressing previous asymmetries for cross-border workers.
The European Parliament official responsible for trade agreement negotiations between Brussels and the United States called today for a response “with greater clarity and determination” to the 25% tariffs on cars and trucks. “We have already witnessed these arbitrary attacks from the United States in the case of Greenland. This is not how partners are treated...
Beijing claims the initiative imposes “numerous restrictive requirements” on foreign investment and includes “discriminatory” clauses in public procurement and state support policies.
The Court of Justice of the European Union (CJEU) confirmed today the annulment of the six billion euros in state aid granted to Lufthansa in the context of the COVID-19 pandemic, which also affected airlines.
Around 30 non-governmental organisations today asked the European Commission to implement a tax on the windfall profits of oil companies.
Around 30 non-governmental organisations today asked the European Commission to implement a tax on the windfall profits of oil companies.
Petra Hielkema, current chair of the European Insurance and Occupational Pensions Authority (EIOPA), will begin her second term leading the institution on 1 September 2026. The successor to Gabriel Bernardino at EIOPA – who, at the time, was also the first chair of the institution to renew his mandate – had her...
European Commission President Ursula von der Leyen states that the current economic situation does not warrant the activation of the general escape clause for fiscal rules.
The European Commissioner for Economy stated that potential taxes on windfall profits from energy companies, as requested by Portugal, could generate additional revenue, while warning of deep economic uncertainty due to the conflict in the Middle East. The Commission is currently reviewing a request from the Portuguese Finance Minister and his counterparts from Germany, Spain, Italy, and Austria to create an EU-wide tax on energy windfall profits, similar to 2022 crisis measures. Commissioner Valdis Dombrovskis noted that while energy tax relief can provide immediate benefits, it must be balanced against long-term goals and fiscal costs. The Commission will provide a detailed assessment of the macroeconomic impact of the conflict in the upcoming European Semester spring cycle.
In the midst of an energy crisis, with oil prices reacting to instability in the Middle East, Portugal has signed a joint letter with Spain, Germany, Italy, and Austria asking the European Commission for a new tax on energy company profits. The letter, dated April 3rd and addressed to Commissioner Wopke Hoekstra, requests...
The European Commission stated this Monday that it is analysing the request from Portugal, Germany, Spain, Italy, and Austria to create a tax on the windfall profits of energy companies, while noting that the situation differs from the 2022 energy crisis. “We have received the letter. We are currently analysing it and will respond in due course,” says an official source from...
Miranda Sarmento was one of the European ministers to request authorisation from the European Commission to create a tax on the extraordinary profits of energy companies, similar to what occurred in 2022.
The letter, dated April 3rd, is addressed to the European Commissioner for Climate Action, Carbon Neutrality and Sustainable Growth, the Dutchman Wopke Hoekstra.
Austria, Germany, Italy, Portugal and Spain want extra corporate profits generated during the Mideast conflict to be distributed fairly.
The EU will end the automatic cancellation of surplus carbon permits. The remainder of the EU ETS remains unchanged, despite calls from some countries for more ambitious measures.
According to Sefcovic, most WTO member countries “understand” the need to reform the organization, but there is not “a sufficient sense of urgency to start achieving results.”
Britain has actively lobbied to form such a steel alliance with the EU.
An overview of the key updates in the European Union's Customs Union reform, focusing on the implementation of a new data platform and the introduction of a 'trusted trader' status.
Portugal now has two months to respond and finalise the adoption of these standards, otherwise the process will move to the next stage with the sending of a reasoned opinion.
The European Union is responsible for only 6% of global carbon emissions, meaning that applying decarbonisation measures within the Old Continent is 'insufficient' to reduce global emissions and curb climate change, researchers at the Bruegel think tank observe. However, a recently created European mechanism is helping to overcome some of these challenges.
The European Commission today called on European Union (EU) member states to support the most vulnerable consumers due to high energy prices, lower taxes on electricity, and avoid supply cuts.
The European Commission today called on European Union (EU) member states to support the most vulnerable consumers due to high energy prices, lower taxes on electricity, and avoid supply cuts.
Is a car from a French brand, designed in Paris, assembled in Morocco, and featuring a Korean battery, “European” enough? The answer to this question could reshape the EU's trade relations. Opinion by Cláudia Azevedo.
Dan Jørgensen said Europe should never again buy 'one molecule' of Russian gas.
Specifically, it called for a reduction from the usual 90% to 80%.
The European Commission proposed today that European Union (EU) companies should be able to be created online within 48 hours, for less than 100 euros and with no minimum capital required, allowing them to fulfil all their obligations via the internet.
The article does not specifically mention Portugal. Instead, it discusses concerns raised by the Socialists and Democrats regarding a US-EU tax deal brokered in January, which exempts American multinationals from parts of a global minimum corporate tax agreement aimed at curbing tax competition. The S&D group urges EU Commissioner Hoekstra to reveal the economic impact and revenue losses for EU countries, emphasizing the potential distortion of fair taxation and the risk of corporate relocations. The broader context involves Europe's need to develop alternative tax strategies to ensure fair digital and corporate taxation, especially as the US deal undermines the original global agreement aimed at increasing EU tax revenues and promoting tax justice.
The President of the European Commission admitted this Monday that prolonged restrictions on oil and gas supplies from the Middle East to the European Union (EU) could have a “significant impact on the European economy,” although she ruled out supply shortages. In a letter addressed to EU leaders ahead of the European Council meeting on Thursday and Friday, which...
The European Commission contradicts Lisbon: tax cuts on fuels are not one-off expenses and are not exempt from EU budgetary rules.
