EU Economy and Finance

The Brussels Economic Forum (BEF) returns for its 25th edition on 22 May 2025!🎉🙌 For a quarter century, the BEF has been the annual economic event of the European Commission. It brings together high-level European and international policymakers, academics, civil society, and business leaders to tackle key challenges and set policy priorities. Don't miss a day of debates and networking in Brussels or online! 📆 Mark the day in your calendar and check out the programme on the event page: https://europa.eu/!8P3Cg4 More information on speakers and registration details will follow shortly. #EUBEF25

On 4 March, Commissioner Valdis Dombrovskis hosted his first Youth Policy Dialogue. The event focused on the economic priorities for the new European Commission mandate, giving young people a chance to share their views on a range of important issues that impact Europe’s future. 17 young Europeans from different countries participated in this exciting dialogue. They had the chance to ask questions, share ideas, and actively discuss key economic topics with Commissioner Dombrovskis. What are their main highlights from the YPD? Find out in the video below ⬇️ #WEUTalk2025

Through the Youth Policy Dialogues, the EU is exchanging ideas with youth on different policy matters. On 4 March, 17 young Europeans had the chance to discuss the economic priorities of the new European Commission mandate and share their ideas with Commissioner Valdis Dombrovskis in Brussels. And this is just the start: Over the next five years, regular youth dialogues will be organised to keep the momentum going and ensure young people continue to be part of EU decision-making. ➡️ But what are the thoughts of the participants on this initiative? 📺 Listen to their answers ⬇️ #WEUTalk2025

What are the main economic priorities for youth today? On 4 March, 17 young Europeans participated in the first Youth Policy Dialogue of Commissioner Valdis Dombrovskis in Brussels. They had the chance to ask questions, share ideas, and actively discuss economic topics. We asked the participants what they consider the most important economic issues for youth today, mentioning among others: 📊 Economic stability 💶 High living costs 🏠 Housing crisis Listen to their answers in the video below ⬇️ Check out the highlights of this year's Dialogue on the event page: https://europa.eu/!3pfCKM #WEUTalk2025

📢 Great to get a shout-out from our Commissioner Wopke Hoekstra after the adoption of VAT in the Digital Age today in the Council. We thank our colleagues for their work on #ViDA 🙌

A New Era for VAT: The VAT in the Digital Age (ViDA) Package is Adopted! Today, the Council has adopted the VAT in the Digital Age (#ViDA) package, a comprehensive set of measures aimed at simplifying and modernizing VAT rules for the digital age. The adoption today paves the way for a progressive rollout until January 2035. This package will bring significant changes to the way VAT is applied in the EU, including: Upon entry into force, Member States will be able to introduce mandatory e-invoicing under specific conditions, and improvements will be made to the Import One-Stop-Shop (IOSS) framework for improved controls. Effective 1 January 2027, minor legislative clarifications will impact users of the One-Stop Shop (OSS) and IOSS schemes. From July 1, 2028[MS1] , platforms in short-term accommodation rental and passenger transport must comply with new deemed supplier measures, while the Single VAT Registration reforms and mandatory reverse charge for non-identified suppliers will start. Digital Reporting Requirements will affect cross-border B2B transactions from 1 July 2030. By 1 January 2035, Member States with a domestic digital real-time transaction reporting obligation must align their systems with the EU standards, marking the final phase of this comprehensive ViDA package. These changes will not only simplify VAT compliance for businesses but also provide a more level playing field and reduce administrative burdens. At #DG TAXUD, we are committed to supporting businesses and Member States through this transition. 👉 Find out more about ViDA here: https://lnkd.in/desRJnde #DigitalTransformation #Taxation

📊 Check the latest insights on EU taxation!     The new data on Taxation Trends, launching today, offers an in-depth analysis of tax developments up to 2023 across all EU countries, as well as Iceland and Norway. 🔍 Key Findings:   📉 Tax revenues as a share of GDP down to its lowest level since 2011 📈 Labour taxes, including social contributions, gained weight in the tax mix at the expense of consumption taxes 💡 The share of capital taxes on total tax revenues remained unchanged 🌍 Country Highlights:   ➡️ France, Denmark, and Austria recorded the highest tax burden. ➡️ Ireland, Romania, and Malta had the lowest tax burden. 13 Member States obtain >50% of tax revenues from labour taxes   These findings will be crucial for the 2025 Annual Report on Taxation and the EU Semester cycle, offering valuable insights into taxation trends. 👉 Learn more here: https://europa.eu/!jr7vkd

🚨 Last spots available for onsite participation! Register here: 👉 https://europa.eu/!RrQvXv 📅 18 March 2025, 8:00-19:30 📍 Hemicycle of the European Parliament, Brussels 💭 How to strengthen competitiveness and fairness to build prosperity? ☕ Networking with institutions, academia, industry & civil society Join the conversation at Europe's top tax policy event! #TaxMix2050

17 young professionals - shared ideas💡 - asked questions ❓ - discussed economic issues 📊 yesterday with Commissioner Dombrovskis in the first annual Youth Dialogue. They made their voice heard in the area of the competitiveness compass, simplification, trade barriers, investments, digital euro and many other topics. 👏 #WEUTalk2025