European Parliament Committee on Economic and Monetary Affairs and Subcommittee on Tax Matters. Managed by Dorota Kolinska & John Schranz. RTs ≠ endorsement.
Agreement between 🇪🇺EU & 🇬🇧 UK: cooperation on the application of their competition laws, adopted by @EP_Economics w/ 54 for and 2 abstentions, led MEP @EeroHeinaluoma
Provisional agreement EU economic governance simplification package led by @carlatavares_ps & @MarkusFerber 🗳️by @EP_Economics
simplification of economic governance: 42/7/7
surveillance of member states in euro area: 42/7/7
funding arrangements and diversified funding: 44/5/6
#EPlenary approved @econ.europarl.europa.eu decision to negotiate single currency package #DigitalEuro, led MEP @fnavarrete_
📌Digital euro regulation mandate adopted 416/169/22
📌Non euro PSPs show of hands
📌Legal tender not contested
✅MEPs in @EP_Economics, @EP_Environment & @EP_Justice have endorsed two agreements (Omnibus IV) extending SME provisions to small mid-cap companies (SMCs)
SMC definition: fewer than 1000 employees & annual turnover under €200 M or annual balance sheet total under €172 M
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MEPs from @EP_Economics adopted single currency package #DigitalEuro, led MEP @fnavarrete_
📌Digital euro regulation 43/14/1
📌Non euro PSPs 43/9/6
📌Legal tender 46/4/8
The crisis in the Middle East has increased uncertainty and is affecting inflation and growth in the euro area, Chief Economist Philip R. Lane tells the Economic and Monetary Affairs Committee of the @Europarl_EN.
Read his introductory remarks link.europa.eu/8TRBxr
Excise duties on tobacco & tobacco related products: Plenary has rejected the recommendations made by @EP_Economics and also proposes to Council to reject the Commission proposal. MEPs however accept the principle that excise duties apply to new tobacco substitutes & raw tobacco.