Tax Transparency

An informal meeting on Thursday of EU (COMPET) ministers is expected to give the greenlight to corporate tax transparency measures, known as country-by-country reporting (CbCR). The file, which has been blocked in the Council for the last five years, is long overdue and will mean large companies with a turnover of more than €750 million…

Digitalisation: An Opportunity for Europe

A new report, Digitalisation: An opportunity for Europe, shows how increased digitalisation of Europe’s services and value chains  over the next six years could boost the European Union’s GDP per capita by 7.2% – equivalent to a €1 trillion increase in overall GDP. The report, commissioned by Vodafone and conducted by Deloitte, looks at the five…

The EU-UK Forum

A new initiative has been launched to help tackle some of the many issues raised by Brexit. The UK has now finally left the EU but problems have already emerged, just weeks after the much-vaunted trade and security agreement was thrashed out between the EU and UK on Christmas Eve. One such problem has been…

Brussels business pair launch fresh SOS appeal in wake of “devastating” impact of coronavirus

Belgium’s battered horeca sector has been devastated by the health pandemic, with dire warnings of possible fresh bankruptcies in the industry. The country’s coronavirus consultative committee, which met on Friday, offered a ray of hope for bars, cafes and restaurants, both in Brussels and the rest of the country. Federal minister for small businesses, David…

Building Back Better

On Friday Nick Read Chief Executive Officer, Vodafone Group, delivered a keynote speech at LSE’s German Symposium event, where he highlighted the importance of the EU Recovery Funds in enabling Europe to Build Back Better, and why Europe must set higher ambitions for its digital transformation, in order to lead on a global scale.  He also stressed the…

More Funds Need to be Devoted to Digital Skills

New research reveals wide support for the European public’s attitudes towards the European Union’s Recovery and Resilience Facility (RRF). Three out of four people believe digital public services (75%), digital skills (74%) and broadband internet access (73%) are important aspects for the recovery of Europe. But the report says that the public remain sceptical on…

Preparing for the 5G Era

Deutsche Telekom AG, Orange S.A., Telefónica S.A., and Vodafone Group Plc are joining forces to support the rollout of Open Radio Access Network (Open RAN) as the technology of choice for future mobile networks to the benefit of consumer and enterprise customers across Europe.  In a Memorandum of Understanding (MoU) the four operators expressed their…

Reels of Red Tape Blocking UK/EU Trade

The British Meat Processors Association is receiving a growing number of calls from meat companies highlighting the plethora of problems they’ve been experiencing at the borders; problems which are now causing a serious and sustained loss of trade with our biggest export partner.  Alongside seafood, fresh meat is one of the most time critical perishable products. Every…

Winding Up Banks Safely

The Single Resolution Mechanism (SRM) is the EU system for the orderly winding-up of failing banks within the Banking Union, to avoid costly bail-outs. Since its establishment in 2015, the SRM has progressed in preparing for bank resolution, according to a new European Court of Auditors (ECA) report.  However, the auditors find that further steps are needed in certain crucial…

The Challenges of Teleworking

Despite all the benefits of teleworking, it is now important not to slide into a culture of “round-the-clock” availability of employees That was one of the messages to emerge from the European Economic and Social Committee (EESC) when it held a remote hearing on the challenges of teleworking. Bringing together EESC and European Parliament (EP) members, as…