Economy

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Making Europe's budget future-proof

Economy - 08.03.2018 08:00

Parliament is working on the EU's next long-term budget. The post-2020 Multiannual Financial Framework (MFF) should be more ambitious to finance both old and new priorities. MEPS will vote on Parliament's priorities during the March plenary in Strasbourg.

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MFF: an EU budget framework for the future

Economy - 06.03.2018 08:00

The Multi-annual Financial Framework (MFF) grants the EU a longer period of time during which to carry out its policies and make them effective. Parliament is working on the next MFF for 2021 and beyond.

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The Single Market at 25: Many Achievements, New Challenges Ahead

Economy - 04.01.2018 16:23

In its 25 years of existence, the Single Market has grown from 12 to 28 EU Members and extends to Norway, Iceland and Lichtenstein (EEA countries) , and to Switzerland via bilateral agreements. Despite uncertainties and challenges, the EU's free trade area continues to exercise an unprecedented attraction across the continent.

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Tax evasion needs permanent inquiry

Economy - 07.12.2017 08:00

After the Paradise Papers leaks, members of the Parliament will most likely call for the creation of a special investigative committee, and ultimately of a permanent standing committee, to shed light on wrongdoings in the field of taxation. The final recommendations of the Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion (PANA), are to be voted on at the December plenary session. They aim to accelerate the implementation of anti-money laundering laws.

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New rules streamline ship passenger data for swift rescue

Economy - 28.09.2017 09:00

The European Parliament is updating regulations for passenger ships and ferries to close loopholes in safety inspections and extend the scope to cover new types of ships. The rules also require digital transmission of passenger data to national authorities, so that the information can be passed on to rescue services and families in the event of an accident.

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More solidarity on gas supply

Economy - 12.09.2017 09:00

The European Parliament is finalising a new regulation to safeguard the security of gas supply to the EU. Member States facing severe gas shortages will be able to count on help from neighbouring countries under new solidarity rules.

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Panama Papers: finance ministers in the hot seat

Economy - 12.07.2017 10:54

Several EU finance ministers faced questions by a Parliamentary inquiry committee set up to investigate the revelations of the so-called Panama Papers – a trove of 11.5 million leaked documents from the world's fourth biggest offshore law firm. Politicians and public figures were among those named. The finance ministers discussed the problems in their countries and what's being done about them.

A graphic related to passenger rights, which depicts luggage against the backdrop of a man sitting on a beach beside the sea. 01:09

Your rights while travelling in Europe

Economy - 07.07.2017 13:02

Have you ever experienced a delay or cancellation? Find out more about your EU passenger rights when travelling within Europe. You may be entitled to anything from refreshments to compensation. Passengers with disabilities or reduced mobility enjoy additional rights too.

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Planned obsolescence: Why things don't last

Economy - 29.06.2017 16:00

In the fight against planned obsolescence, the European Parliament wants to set minimum resistance criteria for products and better inform consumers about their durability. The aim is to encourage repair and reduce waste. The good news ? 77% of consumers in the EU would rather fix broken products than buy new ones.