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The Commission takes stock of the progress achieved in building a Single Market for capital, including as regards sustainable finance, and calls on EU leaders to keep up the political engagement to lay down the foundation of the Capital Markets Union.
The Council adopted new conclusions on the EU list of non-cooperative jurisdictions for tax purposes. Ministers also discussed excise duty regime, the digital services tax, InvestEU and the European Semester.
The European Commission today published a comprehensive report on the implementation of the Circular economy action plan it adopted in December 2015. The report presents the main results of implementing the action plan and sketches out open challenges to paving the way towards a climate-neutral, competitive circular economy where pressure on natural and freshwater resources as well as ecosystems is minimised.
In its annual assessment of the economic and social situation in the Member States, the European Commission today stresses the need to promote investment, pursue responsible fiscal policies and implement well-designed reforms.
Ministers discussed the architecture of financial supervision, decision-making in EU tax policy and issues related to the EU budget.
The European economy is expected to grow for the seventh year in a row in 2019, with expansion forecast in every Member State. The pace of growth overall is projected to moderate compared to the high rates of recent years and the outlook is subject to large uncertainty.
Finance ministers discussed the European system of financial supervision, InvestEU, Romanian priorities, the European Semester and the follow up to the December Euro-summit.
Parliament has adopted its position on a new EU programme to support investment and access to finance from 2021 to 2027. The new InvestEU programme follows and replaces the current EFSI (European Fund for Strategic Investments), set up after the financial crisis.
For next year’s budget, MEPs have secured better support for students, unemployed youngsters and researchers. Commitment appropriations for 2019 total €165.8 billion; payment appropriations total €148.2 billion.
In light of the upcoming European Council and Euro Summit in December, the Commission presents actions to strengthen the role of the euro in a changing world.
The Council endorsed the political agreement reached with the European Parliament on a package of risk reduction measures in the banking sector and adopted an action plan to better tackle money laundering and terrorist financing.
Ahead of the European Council meeting on 13 and 14 December 2018, the Commission is taking stock of the encouraging progress made so far in the negotiations of the EU's next long-term budget and urging Leaders to keep up the momentum.
The Commission takes stock of the latest developments as regards risk reduction in the banking sector and progress towards an even more integrated and stable EU financial system.