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EU and UK flags © EU
On 23 June 2016 citizens of the United Kingdom (UK) voted to leave the European Union (EU).

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Valdis Dombrovskis, Hartwig Löger © EU
04/12/2018 - Business, taxation and competition / Economy and the euro

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. 

Günther Oettinger © EU
04/12/2018 - Economy and the euro / Institutional affairs

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. 

Valdis Dombrovskis, Margaritis Schinas © EU
28/11/2018 - Business, taxation and competition / Economy and the euro

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.

Jyrki Katainen, Elżbieta Bieńkowska © EU
22/11/2018 - Business, taxation and competition / Economy and the euro

In a Communication published today, the Commission reveals how the Investment Plan for Europe – the Juncker Plan – has helped bring investment back to a sustainable level in Europe, four years after its launch. 

Margaritis Schinas, Valdis Dombrovskis, Marianne Thyssen, Pierre Moscovici © EU
21/11/2018 - Economy and the euro / Employment and social rights

Commission sets out EU's economic and social priorities for 2019, presents Opinions on Draft Budgetary Plans and confirms the existence of particularly serious non-compliance with the Stability and Growth Pact in the case of Italy; Greece is integrated into the European Semester for the first time. 

Pierre Moscovici © EU
08/11/2018 - Economy and the euro

Growth in the euro area is forecast to ease from a 10-year high of 2.4% in 2017 to 2.1% in 2018 before moderating further to 1.9% in 2019 and 1.7% in 2020. The same pattern is expected for the EU27, with growth forecast at 2.2% in 2018, 2.0% in 2019 and 1.9% in 2020. 

Valdis Dombrovskis and Hartwig Loger © EU
06/11/2018 - Economy and the euro

Ministers discussed the state of play of negotiations on the digital services tax, adopted conclusions on climate finance and discussed the implementation of the 2017 EU budget. 

Pierre Moscovici and Valdis Dombrovskis © EU
23/10/2018 - Economy and the euro / Institutional affairs

The European Commission has identified in the draft budgetary plan submitted by Italy for 2019 a particularly serious non-compliance with the fiscal recommendation addressed to Italy by the Council on 13 July 2018. 

03/10/2018 - Business, taxation and competition / Economy and the euro
Valdis Dombrovskis and Hartwig Loger © EU
02/10/2018 - Economy and the euro

The Commission presented its proposal to strengthen the role of the European Banking Authority (EBA) in supervising EU financial institutions, so as to better address money laundering and terrorist financing threats. 

19/07/2018 - Business, taxation and competition / Economy and the euro
ean-Claude Juncker,Werner Hoyer © EU
18/07/2018 - Business, taxation and competition / Economy and the euro

The European Fund for Strategic Investments (EFSI) has mobilised €335 billion in additional investment across the EU since July 2015. The Juncker Plan has made a clear impact on the EU economy and revolutionised the way innovation is financed in Europe.

Valdis Dombrovskis and Hartwig Loger © EU
13/07/2018 - Economy and the euro

The Council issued its 2018 recommendations and opinions to member states' on their economic, employment and fiscal policies, thereby concluding this year's European Semester exercise.

Pierre Moscovici © EU
12/07/2018 - Economy and the euro

Growth is set to remain strong in 2018 and 2019, at 2.1% this year and 2% next year in both the EU and the euro area. However, after five consecutive quarters of vigorous expansion, the economic momentum moderated in the first half of 2018 and is now set to be 0.2 percentage points lower in both the EU and the euro area than had been projected in the spring.

Valdis Dombrovskis and Pierre Moscovici © EU
11/07/2018 - Economy and the euro

The Commission has adopted a decision to activate the enhanced surveillance framework for Greece to support the implementation of agreed reforms following the successful conclusion of the European Stability Mechanism (ESM) stability support programme.

‘EU budget for the future’ logo © EU
05/07/2018 - Economy and the euro / Institutional affairs

Next year’s EU budget should focus on young people, say MEPs in a resolution. Other priorities are growth, security, fighting climate change and migration.

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