The European Union and Switzerland signed a major accord on Wednesday (27 May) to end banking secrecy for EU residents and prevent them from stashing undeclared income in Swiss banks.
The agreement deals "another blow against tax evaders, and (represents) another leap towards fairer taxation in Europe," said Pierre Moscovici, the EU commissioner for tax issues.
Britain's Queen Elizabeth on Wedensday (27 May) set in motion Prime Minister David Cameron's plans for a European Union membership referendum on Wednesday as he faced pressure to explain when it will be held and what changes to the EU he wants beforehand.
Cameron, who says he would prefer to stay inside a reformed EU but isn't "ruling anything out" if it fails to change, was re-elected on May 7 on a pledge to reshape ties with the bloc before allowing Britons to vote on whether to stay or leave.
Competitiveness Council ministers must intervene in a process that is currently moving in a totally non-innovative direction if the Unitary Patent is to prove a boost for European competitiveness and growth, rather than a tax on innovation, writes Arnaldo Abruzzini.
Germany launched its first radio spectrum auction today (27 May) since 2010. The auction includes the sale of 700 MHz band for mobile broadband for the first time in Europe, where it has been used for television broadcast up until now.
Germany network agency Bundesnetzagentur approved the three telecommunications giants Deutsche Telekom, Vodafone and Telefónica to the auction. The last German spectrum auction raked in over four billion euros from bidders.
The Commission put forward its first concrete proposals today (27 May) following the terrible loss of life in the Mediterranean last month. They include the relocation of 40,000 people from Italy and Greece to other EU countries, as well as the resettlement of 20,000 from outside the EU to member countries.
Shocked by the deaths of migrants from North Africa trying to reach Europe across the Mediterranean, the European Union is trying to put in place a fairer way to resettle asylum-seekers at a time when anti-immigrant parties are on the rise.
There is still some way to go, but the Better Regulation Agenda, led by European Commission First Vice-President Frans Timmermans, is a great opportunity for Europe to lead the way in smart regulation, writes Oliver Gray.
The European Energy Charter was first signed in 1991, mainly to connect the resource rich fuel producing regions in Eastern Europe with much-needed Western European investment. But the world has changed a great deal since then, writes Howard Chase.
The UK referendum on EU membership will offer voters the option to say ‘Yes’ to staying in the EU.
The exact wording of the question has yet to be finalized, but media reports on Wednesday suggested it will be a variation on “Should the UK remain a member of the EU?”
The Conservative party, who won a surprise majority in May’s general election, will lay out their plans for a referendum on EU membership in the Queen’s speech – the ceremonial opening of parliament at which the legislative agenda is announced.
Denmark's Prime Minister Helle Thorning-Schmidt on Wednesday (27 May) called a general election, to be held on 18 June. Recent polls suggest the election could become a true thriller.
"When I became prime minister four years ago, Denmark was in a deep crisis. We were hit harder than most countries. I had one goal: To get us out of the crisis and I succeeded," Thorning-Schmidt told a news conference.
"Denmark is in a better shape today. I think it's now up to the Danes to decide which path way we should go down in the future," she added.