Latest news and stories about eu regulation in finance in Portugal for expats and residents.
The European Commission's new Tax Omnibus proposal aims to streamline EU tax regulations, potentially saving businesses eight billion euros annually, a move welcomed by tax experts.
The European Union has vowed a swift and determined response should President Trump follow through on his threat to impose 100% tariffs on European nations implementing digital services taxes.
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 future legislative package will be based on the institution's report on the competitiveness of the banking sector and the single banking market, presented last July, which identified three major challenges for the European banking sector.
An analysis of whether the new European guidelines for business succession might inadvertently cause more harm than good for family-owned enterprises.
The United States and Canada are neighbours, allies, and partners in one of the world's most integrated economic relationships, yet they have recently engaged in a trade war. Europe must draw a conclusion from this: in a world where trade instruments are used as power, the EU cannot simply protect itself or defend a defunct form of globalisation. Instead, it should leverage the 'Brussels effect'—the influence of European standards on the global economy—to create a voluntary international trade organisation based on shared, predictable, and enforceable rules. By offering access to its large-scale, regulated market to partners willing to adopt its standards, the EU could project its political and economic influence, positioning itself as a hub for nations that prefer the rule of law over the rule of force.
Six member states, including Portugal, asked Brussels for a common framework to tax the exceptional profits of oil companies. The Commission replied that the matter is not within its jurisdiction.
Six finance ministers sent a letter to the Irish presidency of the Council requesting that the topic be discussed at the informal meeting in September in Dublin.
Portugal and five other nations are advocating for a European Union-wide tax on the extraordinary profits generated by oil companies.
Portugal, Germany, Spain, Italy, Poland, and Austria are calling for a permanent European mechanism to tax the “extraordinary profits” of oil companies. In a letter to the Irish presidency of the EU, the finance ministers argue that current measures are insufficient to address the supply shock caused by the conflict in the Middle East and the Iranian blockade of the Strait of Hormuz. The group seeks a coherent, long-term fiscal framework that can be activated during energy crises, rather than relying on discretionary, ad-hoc measures. The proposal also includes an investigation into refining margins to ensure companies are not exploiting the current price surge.
Six European Union member states are calling for a tax on the windfall profits of oil companies.
Apple paid 17.1 billion dollars (more than 14.5 billion euros) in taxes to Ireland in its last fiscal year, which represents about 40% of the total taxes paid by the company worldwide. In a document released this Friday, cited by EFE, Apple indicated that the taxes paid to Ireland...
Beijing’s broadside against the Foreign Subsidies Regulation puts pressure on the recently relaunched trade dialogue.
China has accused the European Union of exercising 'undue extraterritorial jurisdiction' in its investigation into potential Chinese state subsidies granted to e-commerce giant JD.com for its acquisition of the German retailer Ceconomy. The Chinese Ministry of Justice stated that the EU's application of foreign subsidy regulations involves excessive and unnecessary cross-border data requests, which Beijing labels a violation of international law. China has warned that it will respond firmly if the EU continues these practices, adding to ongoing trade tensions between the two powers regarding industrial overcapacity, trade deficits, and recent regulatory actions against Chinese firms like AliExpress.
After announcing the end of the electric 718 Cayman and Boxster, Porsche has reversed its decision and admitted that the battery-powered two-seater sports cars will proceed after all. This was confirmed by the CEO.
Home News European Commission approves non-binding guidelines for supplementary retirement savings European Commission approves non-binding guidelines for supplementary retirement savings The European Commission has adopted a set of guidelines aimed at encouraging workers across the EU to build u
Renault CEO François Provost argues that the European Union must give manufacturers in the sector the necessary flexibility to adapt to strong competition from China
The fine against the U.S. tech giant lands just as Washington prepares new duties that could put last year’s fragile trade truce to the test.
The European Commission approved this Wednesday the acquisition of Warner Bros by Paramount subject to conditions, which include the exit of United International Pictures in Europe and restrictions for 10 years on the joint distribution of films, including in Portugal.
The European Commission wants to simplify the rules applied to European Union (EU) banks and facilitate their cross-border expansion to strengthen the sector's competitiveness, without compromising the financial stability achieved after the 2008 crisis.
The Brazilian Association of Meat Exporting Industries (Abiec) warns that the sector may fail to meet new European Union requirements regarding antimicrobial use, risking market access. The EU has removed Brazil from its list of authorized exporters of animal products for human consumption, effective September 2026, citing non-compliance with health standards. While the EU market represents a small percentage of volume, it is highly valued for its premium cuts and influence on global reputation. Additionally, the sector faces challenges in China due to new import quotas and increased tariffs, leading to concerns about domestic price volatility and export performance.
In June, China exported more than one million cars in a single month for the first time, consolidating its global leadership in the sector and increasing trade pressure on commercial partners such as the European Union.
The Brazilian government has attributed part of the responsibility to the country's private sector for Brazil's exclusion from the European Union's list of nations authorised to export meat, according to a document obtained by the Lusa agency.
The Brazilian government today lamented the European Union's (EU) decision to impose new quantitative restrictions and increase out-of-quota customs tariffs for steel products, classifying the measure as unilateral and harmful to trade.
Chief trade negotiators from the two sides launch a consultation mechanism focused on trade imbalances, export controls and other disputes.
The EU and China agreed this Monday to create a mechanism to monitor trade between the two parties, as Europeans consider the current bilateral relationship unsustainable and in need of change. This monitoring mechanism was agreed upon during a meeting in Brussels between Chinese Commerce Minister Wang Wentao and his counterpart.
The European Union intends to impose a 15% tax on aluminium scrap exports to prevent the metal from being shipped to the United States and Asia, at a time when recyclable materials are becoming a new battleground in the global race for resources, reports the Financial Times.
It will enter into force after signature and publication in the Official Journal
Home News Shopping from Shein, Temu or AliExpress? A New EU fee could make orders more expensive Shopping from Shein, Temu or AliExpress?
