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Europe Sanctions Distribution Act (<span lang="de">ESM-Finanzierungsgesetz</span>)
Act Governing the Domestic Distribution of Sanctions Imposed to Ensure Budgetary Discipline in the European Union (Sanctions Distribution Act)
Date of signature: 5 September 2006
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Europe Stabilisation Mechanism Act (<span lang="de">Stabilisierungsmechanismusgesetz</span>)
Act on the Assumption of Guarantees within the Framework of a European Stabilisation Mechanism (Stabilisation Mechanism Act – StabMechG)
Date of signature: 22 May 2010 -
Europe ESM Financing Act (<span lang="de">ESM-Finanzierungsgesetz</span>)
Act on Financial Participation in the European Stability Mechanism
Date of Signature: 13 September 2012 -
beirat Report by the Advisory Board
In the debate over efforts to reform the EU budget, repeated calls are made (a) to ensure more transparent and fairer burden-sharing and (b) to replace the widespread juste-retour (“just returns”) mindset with a stronger focus on policies that serve the interests of Europe as a whole. This report argues that it is possible to make EU financing practices more transparent and, in this way, to …
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ecofin-eurogroup Eurogroup and ECOFIN meetings in May 2018
European finance ministers convened in Brussels on 24-25 May 2018 for their monthly Eurogroup and ECOFIN Council meetings. The ECOFIN Council reached an important agreement on the “banking package” that will pave the way towards the completion of the banking union. If a crisis occurs in the future, banks, shareholders and creditors – not taxpayers – will be liable for losses.
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europe Meeting of German and French government ministers in Meseberg
The heads of state and various government ministers from Germany and France convened in Meseberg on 19 June 2018, where they agreed on an extensive catalogue of European reforms. Documents relating to fiscal, budget and tax policy are presented here.
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ecofin-eurogroup Eurogroup and ECOFIN in July 2018
The presidency of the Council of the EU rotates among the member states every six months. In July 2018, Austria took up the presidency as scheduled, presenting its programme to the EU finance ministers at the ECOFIN meeting in Brussels on 13 July. For the Eurogroup meeting on 12 July, items on the agenda included further steps to develop the monetary union, as well as an analysis of the euro …
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europe Snapshots of Franco-German cooperation
The August edition of the Finance Ministry’s monthly report offers an insight into current Franco-German cooperation, not only at the government level, but also at the working level of the two finance ministries. One element of this is the Franco-German Seminar. Launched in 1999, the seminar entered its 10th cycle in Berlin in May 2018.
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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 …
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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.