In order to implement the Green Deal, it is of vital importance to make the energy sector more efficient and to increase renewable energy sources. The Austrian Chamber of Labour has participated in the Consultation of the European Commission and stresses: the spotlight has to be put on the distribution policy effects of energy transition.
On 21 July 2020, the European Council agreed to the largest budget package in the EU’s history. However, immediately afterwards a clear majority of MEPs opposed the Council Decision. The European Parliament Committee on Budgets has now debated the state of the negotiations.
In order to accomplish the Green Deal and its enshrined target of EU climate neutrality by 2050, it is important that the European energy system too makes a vital contribution. To achieve this, the European Commission set out two strategies on 8 July 2020, which set the agenda as to make the energy system more efficient over the coming years.
At the beginning of February 2020, the European Commission launched the debate on reforming the Stability and Growth Pact. The Austrian Chamber of Labour took part in the public consultation and underlines: Europe needs a reform of its fiscal rules, which should focus on the sustainable development of wealth and wellbeing in der EU.
On 21 July 2020, following weeks of tough negotiations, the European Council agreed the largest budget and financial package in the EU’s history. Even if, under pressure of the “Frugal Four“ grants were cut in important sectors, the joint politico-economic instrument is a big step in the right direction.
On 15 June 2020, the Commission presented a new Tax Package. On the same day, the European General Court (EGC) issued a ruling, which once again clarifies the already known tax-related regulatory requirement.
The demands for an EU law on due diligence is gaining more and more supporters. Following the announcement of EU Commissioner for Justice, Didier Reynders in April to present a Commission proposal at the beginning of next year, there are now more voices that support such a law. The new German Presidency also makes the subject of due diligence one of its priorities.
When the heads of state and government meet next week to negotiate Europe’s economic recovery, there will be women sitting at the table – however, they hardly play a role in the recovery plan itself. A petition wants to change this.