The EPP Group warns the United Kingdom against trying to become a tax haven on the doorstep of the European Union and calls for “serious and appreciable sanctions” against countries on the EU blacklist of tax havens.
The Winter 2020 Economic Forecast published today projects that the European economy is set to continue on a path of steady, moderate growth. The euro area has now enjoyed its longest period of sustained growth since the euro was introduced in 1999.
The forecast projects that euro area gross domestic product (GDP) growth will remain stable at 1.2% in 2020 and 2021. For the EU as a whole, growth is forecast to ease marginally to 1.4% in 2020 and 2021, down from 1.5% in 2019.
MEPs on Wednesday asked the European Central Bank to step up its green credentials and address growing financial technology challenges.
Future relations with the UK, the EU-Vietnam trade agreement and the challenges of artificial intelligence are among the topics on Parliament’s agenda next week.
Renew Europe welcomes the consensus achieved among a clear majority of political groups of the European Parliament on the way forward in shaping the relationship between the EU and the UK. A resolution setting out the Parliament’s recommendations on the proposed mandate for negotiations for a new partnership with the UK has been tabled and will be presented in the plenary session next week in Strasbourg.