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The Commission has proposed the 2017 draft EU Budget of €134.9 billion in payments focusing on the two main policy priorities for Europe: supporting the ongoing recovery of the European economy and addressing the security and humanitarian challenges in our neighbourhood.
The Council agreed on a draft directive addressing tax avoidance practices commonly used by large companies. The directive is part of a January 2016 package of Commission proposals to strengthen rules against corporate tax avoidance.
Today the European Commission is firmly delivering on President Juncker's top priority of creating jobs and boosting growth in the European Union, by unveiling a list of 195 transport projects that will receive €6.7 billion of funding under the Connecting Europe Facility (CEF).
The European Commission today presented guidance aimed at supporting consumers, businesses and public authorities to engage confidently in the collaborative economy.
One year after the European Fund for Strategic Investments (EFSI) came into force, the Commission looks at what has worked well in the Investment Plan, what can be improved, and how to advance.
The European Commission presents its vision on how European standard setting should evolve in the light of technological developments, political priorities and global trends.
On 26-27 May, Japan hosted the meeting of the G7 leaders. The summit focused on the global economy, foreign policy and the migration and refugee crisis.
The Council discussed a draft directive addressing tax avoidance practices commonly used by large companies. After lengthy discussions, it agreed to postpone an agreement on the dossier to its meeting on 17 June 2016.
The Eurogroup welcomed a staff-level agreement between Greece and the institutions, paving the way for the finalisation of the first review of Greece's macroeconomic adjustment programme.
Member States are making progress with reforms and addressing macroeconomic imbalances, but more is needed to consolidate Europe's recovery.
The Eurogroup discussed the state of play of the first review of Greece's macroeconomic adjustment programme.
Economic growth in Europe is expected to remain modest as key trading partners' performance has slowed and some of the so far supportive factors start to wane. As a result, GDP in the euro area is forecast to continue growing at modest rates over the 2015-2017 period.
Benchmark interest rates that are critical to financial market stability across Europe, such as the London Interbank Offered Rate (LIBOR) and the Euro Interbank Offered Rate (EURIBOR), will become more reliable thanks to a new law voted in by Parliament.