Monday 28 September
The European Commission published The Tax reforms report 2015, which presents an overview of recent tax reforms in the Member States and gives an indication of their performance in major areas of tax policy. According to the report, EU Member States have made progress towards improving their tax systems but most still face important challenges and should continue their efforts.
The EU and China have signed a milestone agreement in the global race to develop 5G networks, during the EU-China High Level Economic and Trade Dialogue in Beijing. Both parties are committed to reciprocity and openness in terms of access to 5G networks research funding, market access as well as in membership of Chinese and EU 5G associations. Press release.
Tuesday 29 September
The European Central Bank published:
Member of the ECB's Executive Board Yves Mersch gave a speech in Luxembourg on Means of payments and SMEs: where are we heading?
Wednesday 30 September
The European Commission launched its Capital Markets Union Action Plan to help build a true single market for capital across the 28 EU Member States. Together with its Action Plan, the EC is also putting forward the following two immediate steps: a proposal to establish a framework for simple, transparent and standardised securitisation and to set out new prudential calibrations for banks in the Capital Requirements Regulation and an adjustment to the "Solvency II" legislation to make it easier for insurers to invest in infrastructure and European Long Term Investment Funds. It is also launching three additional consultations - one on venture capital funds, another one on covered bonds, and a call for evidence on the cumulative impact of financial legislation. Press release, FAQ and Commissioner Hill's speech.
Thursday 1 October
Outcome of the Competitiveness Council. Ministers discussed the mainstreaming of industrial competitiveness. They also looked at the reform of the EU's emissions trading system and the recent events regarding the controls of car emissions.
Also, the Council formally approved new rules to end mobile roaming charges in the EU as of mid-2017. The new law will also include the first EU-wide provisions to safeguard open internet access. The regulation will enter into force three days after its publication in the EU Official Journal. This will probably take place in November.
Friday 2 October
Calendar of the Commissioners' weekly activities.