The 27 Member States endorse plan to increase new financing to record of up to €100 billion in 2025. Revised ceiling includes 3.5% of total financing for European security and defence. EIB Board also approves landmark project for construction of military base in Lithuania. EIB Group shareholders launch largest EU programme to fund Europe’s technological leadership and approve first wave of new instruments to support cleantech. EIF Board approves deal with German Export Credit Agency to provide a...

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Cilcare is pleased to announce that its innovative INEAR3D project has been selected by the Companies & Campus initiative, supported by the University of Montpellier and its Pôle Universitaire d’Innovation (PEI). The project has received a €50,000 grant in recognition of its scientific impact and alignment with the PEI’s health and sustainability priorities. Led by Dr. Sylvie Pucheu, Director of Preclinical Innovation at Cilcare, INEAR3D represents a bold leap forward in the development of human-based in vitro models for auditory drug screening. The project is carried out in collaboration with the Institut Charles...

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We have summarized the upcoming Dutch and European tax changes as well as a recent opinion issued by the Knowledge Group of the Dutch Tax Authority regarding “negative wages,” clarifying the tax treatment of losses employees may face when forced to sell shares under bad leaver clauses. Changes in the Netherlands  VAT and Holding companies From July 1st, 2025, the Dutch "Holding Decree" and ‘’Share Sale Decree’’ will be replaced by two new decrees: the Deduction Decree, which introduces guidelines for the deduction of VAT...

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European Commission presents Defence Omnibus proposal On Tuesday, 17 June, the European Commission unveiled a sweeping package of proposals aimed at dramatically speeding up investment in Europe’s defence industry. In response to the urgent security challenges posed by the ongoing war in Ukraine, the Commission has proposed the “Defence Readiness Omnibus.” This initiative seeks to minimise bureaucracy, clarify regulations for investors, and enhance Europe’s ability to develop the necessary military capabilities. The move signals a significant push from Brussels to...

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IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...

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The 2025 North American severe-weather season has begun, with experts predicting above-average hurricane¹, tornado², and fire³ seasons. Last year, the Atlantic hurricane season alone was estimated to have caused more than $200 billion in damages and economic losses⁴. When disaster strikes, having a secondary assured positioning, navigation, and timing (APNT) solution integrated into your operations can help reduce downtime and enhance asset safety in the following ways: 1. Delivers weather-proof connectivity that works inside or outdoors Whether you’re overseeing emergency personnel in...

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Nadia Calviño, president of the European Investment Bank (EIB) Group, highlighted the EIB’s pivotal role in strengthening Europe’s security, competitiveness and global partnerships in her keynote message at the GLOBSEC Forum 2025 in Prague, Czechia on 12 June. Good morning. Dear friends, distinguished leaders, colleagues, partners. It's a great pleasure to join you at the 20th GLOBSEC Forum in beautiful Prague, and I want to first thank our Czech hosts for their hospitality and their steadfast commitment to the European project. We are meeting...

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EU and UK reach an agreement in respect of Gibraltar On Wednesday, 11 June, the EU and the UK reached an agreement resolving the long-standing post-Brexit border issues in Gibraltar. Central to the deal is the removal of passport controls at the border, reconnecting Gibraltar with Spain. Gibraltar will be incorporated into the EU’s Schengen Area, allowing passport-free movement for residents and approved individuals. The agreement will also implement both Spanish and British officers conducting parallel checks at the border. Additionally, the agreement enables Gibraltar...

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