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EU considers exempting most companies from carbon border levy
The European Commission may consider scaling back its carbon border levy to just 20% of the companies covered by the scheme, because they account for nearly all of the emissions involved, the EU's head of climate policy said on Thursday.
Brussels to exempt most EU companies from carbon border tax
More than 80 per cent of EU companies eligible for a new carbon border tax will be exempted under reforms planned by Brussels, tax commissioner Wopke Hoekstra has said. Hoekstra told the FT he wanted to restrict the carbon border adjustment mechanism (CBAM) to the biggest importers and spare most businesses the costs of compliance and charges as part of the bloc’s push to cut red tape and boost productivity.
EU plans to spare 80 percent of firms from carbon tax
This change may be part of the EU’s upcoming “omnibus” legislation, which is designed to slash reporting rules for businesses.
7h
on MSN
EU eyes tweak to fiscal rules to allow more defence spending
European Union governments are considering a wider definition of what is defence investment to allow for more government ...
Anadolu Ajansi
47m
EU's Gaza policy will not change due to Trump’s plans: Senior EU official
We are working according to ceasefire that was negotiated with US deeply involved in negotiation' - Anadolu Ajansı ...
2d
on MSN
EU Shock Over Trump Trade Threats: 'Stupid Tariff War'
"There are no winners in trade wars. If … the U.S. starts a trade war, then the one laughing on the side is China," said the ...
4h
on MSN
Poland's Tusk says EU must act on energy prices, migration
The European Union must act to lower energy prices and curb illegal migration, Polish Prime Minister Donald Tusk said on ...
1d
on MSN
EU climate Service: Average global surface temperature hit new record high in January
The European Union's Copernicus Climate Change Service on Thursday said January 2025 was the hottest on record continuing ...
2d
EU prepares to hit Big Tech in retaliation for Donald Trump’s tariffs
The tool, which was drawn up during Trump’s first term and subsequently used as a deterrent against China, allows the EU’s ...
2d
on MSN
Poland can’t get its money back after the EU fined the country’s previous, conservative government
Poland won’t get any money back after its previous, conservative government was hit by a record-breaking fine by the European ...
1d
EU Treads Carefully in Era of Power Politics: Brussels Edition
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
2d
An EU fund to help troops move quickly is too small and poorly managed, auditors say
Auditors say a European Union fund meant to help speed the deployment of troops and military equipment around the 27-nation ...
3d
on MSN
EU leaders scramble to avoid friction with the US under Trump and avoid a ‘stupid tariff war’
Denmark’s prime minister insists Greenland is not for sale and is calling for a robust show of support from her European ...
6h
Tesla Lost Ground to VW, Seat in EU’s Top Electric Car Market
Tesla Inc. was the biggest loser among electric-vehicle makers last month in Germany, where consumers snubbed Elon Musk’s ...
10h
EU set to launch joint buying for hydrogen in September
The European Union will launch its joint purchasing platform for critical resources with hydrogen buying in September, three ...
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