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Europe Stamp of Germany’s Presidency of the Council of the EU 2020
To mark the Germany’s Presidency of the Council of the EU in 2020, the German Finance Ministry issued a special-edition stamp. The design of the stamp centres on the logo of the Council Presidency. In our video, Alexander Meier, who created the logo, gives us an insight into how he arrived at the design.
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ECOFIN Statement by Olaf Scholz - Doorstep Ecofin
The first meeting of the Economic and Financial Affairs Council (ECOFIN) under Germany’s 2020 Presidency of the Council of the European Union took place on 10 July 2020. German Finance Minister Olaf Scholz chaired the virtual meeting and presented the ECOFIN work programme for the second half of 2020: “Europe is facing an unprecedented challenge caused by the Covid-19 pandemic. The EU economy …
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ecofin-eurogroup Eurogroup and ECOFIN meetings in June 2019
The Eurogroup and ECOFIN convened for their most recent meetings in Luxembourg on 13-14 June. Major progress was made on reforms to the European Stability Mechanism, which is crucial for enhancing the stability of the banking union and the common currency. European finance ministers also agreed on the main features of a future budgetary instrument for the euro area. The financing for the …
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ecofin-eurogroup Eurogroup and informal ECOFIN in April 2019
On 5-6 April 2019, European finance ministers convened in Bucharest for the Eurogroup and informal ECOFIN meetings. Subjects discussed included the Franco-German proposal for a eurozone budget, which would be established within the existing structures of the European Union and as part of the EU budget agreements. The goal is to achieve results by the summer.
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ecofin-eurogroup Eurogroup and ECOFIN Council meetings in March 2019
At the meeting of European finance ministers in Brussels on 11-12 March 2019, important progress was made during discussions on a eurozone budget, taxation of large digital companies and fair taxation around the world, on the basis of Franco-German proposals. The political stalemate regarding the issue of a financial transaction tax was also broken thanks to a Franco-German initiative.
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eurogroup Eurogroup meeting on 3 December 2018
At their latest meeting, eurozone finance ministers agreed on a number of important steps: Financial transactions will be taxed across the EU, with the revenue benefiting the EU. There will be appropriate taxation of the digital economy. Regarding reform of the euro, significant decisions were taken that will make the common currency and the European financial system even more secure and stable.
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ecofin-eurogroup Eurogroup and ECOFIN meetings in December 2018
Once again, there were many important issues on the agenda when European finance ministers convened in Brussels for their last meetings of 2018. Reform of the eurozone is making good progress, in the form of further development of the banking union, the establishment of a European Monetary Fund and the decision regarding a common budget. The ministers also discussed the Franco-German proposal …
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eurogroup Special Eurogroup meeting in November 2018
On 19 November 2018, Finance Minister Olaf Scholz met with his counterparts in Brussels for a special session of the Eurogroup. The aim of the meeting was to press forward with preparations for the Euro Summit in December, where key reforms to the European Monetary Union are to be adopted. Discussions focused on the completion of the banking union, the further development of the European …
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ecofin-eurogroup Eurogroup and ECOFIN meetings in October 2018
Good news for everyone who likes to read: European finance ministers paved the way for the equal tax treatment of digital media at the meeting of the EU’s Economic and Financial Affairs Council (ECOFIN) on 2 October 2018. The reduced rate of value added tax (VAT) can now be applied to e-books and e-newspapers. Previously, it could only be applied to print media.
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ecofin-eurogroup Eurogroup and informal ECOFIN meetings in September 2018
How can we ensure that multinational corporations in the digital sector are taxed appropriately? This question was addressed by German Finance Minister Olaf Scholz and his fellow finance ministers at the Eurogroup and informal ECOFIN meetings in Vienna on 7–8 September 2018. The discussions focused on the search for a smart, swift solution. Other topics on the agenda included reform of the …