Views: 19New data in recent EU-VAT report shows that the ‘VAT Gap’ (the difference between expected VAT revenues and those actually collected) stood at €93 billion in the EU-27. On some estimates, about one quarter of that is directly attributed to VAT fraud, which remains a major problem in the states and European continent. At […]
Month: December 2022
European circular economy initiatives: new opportunities for business
Views: 20The Commission adopted a couple of legislative drafts to assist the member states’ economies and businesses towards more circular and carbon neutral development. The EU has already adopted the “green deal”, which is aimed at ensuring that all packaging in the EU market is reusable or recyclable in an economically viable manner by 2030. […]
Price caps’ initiatives: resolving critical global energy and trade issues
Views: 9Two recent actions by the G-7 and the EU-27, i.e. on price cap and on “corrective mechanisms” from the EU, are regarded –at least in the political sense – good enough to remedy present critical energy situation. Aimed to address rising inflation and keep energy costs stable at a time when high fuel costs, […]
New challenges for business: sustainability and environmental quality
Views: 305European Environmental Bureau sends a warning signal: “no more business as usual”. Thus, to produce goods and services the European companies have to respect human health, sustainability, environmental quality and bio-diversity. It is, basically, about introducing new rules in entrepreneurship; however, some stumbling blocks are still tarnishing present progressive moves including corporate governance resistance […]
European energy policy: political and economic implications
Views: 19At the end of November 2022, the EU-27 member states reached some vital politico-economic decisions on critical energy-related issues. These decisions are not only important for resolving EU-wide current energy crisis; now the states must move forward to implement as swiftly as possible tough decisions, which include also some “market correction mechanisms”. Soon the […]