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Transatlantic News
Transatlantic News
25
Jun
Today, the Council formally adopted two regulations implementing the tariff-related commitments set out in the EU-US Joint Statement of 21 August 2025. The adoption completes the legislative process and confirms the EU’s commitment to a stable, predictable and mutually beneficial transatlantic trade relationship, while preserving the necessary guardrails to protect European economic interests.
"We are committed to a strong and open transatlantic partnership with our historic ally, but openness must go hand in hand with safeguarding our interests. These measures achieve both, supporting...
24
Jun
Today, the European Commission adopted an ambitious tax simplification package designed to simplify EU tax rules and reduce compliance burdens for businesses. The package comprises of two proposals, the Taxation Omnibus and the Recast of the Directive on Administrative Cooperation (DAC) and will modernise the EU's direct tax framework and strengthen the competitiveness of the Single Market while maintaining the existing strong level of protection against tax fraud, evasion and avoidance. The package is expected to save EU businesses around €8 billion annually,...
24
Jun
Blog | The adoption rate of AI is rising rapidly, but the intensive use that drives transformation and generates macroeconomic gains remains rare. This blog explores what sets intensive AI users apart and what firms need to deeply integrate AI into their production processes.
The advent of AI has been widely hailed as a driver of productivity growth. Yet simply adopting AI does not guarantee measurable improvements in firms’ efficiency. What does matter is what they use the new technology...
23
Jun
Secure, private and free-to-use means of payment, both online and offline
Privacy safeguards built in
Limits to individual holding, pilot testing and coordinated public awareness campaigns
The digital euro would offer citizens and businesses a private, secure and innovative way to pay, while reducing reliance on non-EU providers.
On Tuesday, the Economic and Monetary Affairs Committee adopted its position on the single currency package, consisting of three files. The one on the establishment of the digital euro was adopted by 43 votes to...
22
Jun
As firms around the world adopt AI tools, the impact of AI on labour markets is being widely discussed. While AI’s potential to disrupt job markets could be significant, its effects on aggregate employment appear to be muted so far. Still, there is growing evidence that AI is negatively affecting employment for specific occupational sub-groups, particularly junior workers in highly exposed occupations. This box analyses the effects of AI on employment growth in recent years, focusing on the United States, where...
18
Jun
Blog | New policy tracker shows many governments pursuing costly responses to fuel and food price hikes, leaving less room to address future challenges.
As governments move quickly to shield people and businesses from the energy shock caused by the war in the Middle East, early evidence suggests many countries are resorting to untargeted and potentially expensive policies amid tight budgets. If the recent peace talks lead to a quick normalization of trade and oil flows, and prices go back...
17
Jun
Blog | This blog post is part of a special series based on the April 2026 Commodity Markets Outlook, a flagship report published by the World Bank. This series features concise summaries of commodity-specific sections extracted from the report.
Australian thermal coal prices reached $150/mt in early June, fueled by supply disruptions in China, export uncertainty in Indonesia, and rising summer electricity demand, before retreating sharply after the announcement of an end to military operations in the Middle East. Earlier in March,...
17
Jun
The European Commission published the fourth State of the Digital Decade report, showing that Europe has made progress on its 2030 digital transformation targets, such as secure and sustainable digital infrastructures and the digitalisation of public services – but the challenge now is delivering results at scale, speed and consistency.
The report comes as the Commission published the last Special Eurobarometer, showing that an overwhelming majority of Europeans rank digital policy as a top EU priority, firmly backing a more autonomous European digital future.
The...