Vulcan Insight Analysis of the Latest EU Developments

EU chiefs sign off on Brexit deal, but what’s next?

The House of Commons passed legislation implementing the withdrawal deal on Wednesday, with Prime Minister Johnson saying that the UK had ‘crossed the Brexit finish line’. The House of Commons rejected all five amendments to the Withdrawal Bill proposed by the House of Lords, with the government winning by large majorities. In one of its first significant acts of business since returning earlier this month, Northern Ireland’s Assembly voted overwhelmingly to reject the British government’s Brexit withdrawal deal on Monday. However, the decision will not affect the UK’s departure from the EU at the end of the month, with the Scottish and Welsh Parliaments also voting against the deal. Keep reading.

EU and U.S. at Davos: talk of a trade deal amid tariff tensions 

The Commission, President Ursula von der Leyen, left the 50^th World Economic Forum in Davos, Switzerland, confident that after she discussed trade on Wednesday with U.S. President Donald Trump, that she was “expecting in a few weeks to have an agreement that we can sign together”. President Trump was less optimistic, hoping to have negotiated a trade deal before the U.S. election in November. Keep reading

Europe gets serious about digital taxation 

After years of infighting, EU countries may finally be ready to tax digital companies fair and effectively. Today, the internet has become a force driving the global economy and society. It shapes how we search content and do research, communicate with each other, and develop new technologies that streamline and automate our economy. Keep reading. 

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