Enhancing cooperation at EU level to fight tax evasion and fraud

In the framework of its strategy to better combat tax evasion and fraud, the European Commission adopted on January 30th 2009 two proposals for new Directives aimed at improving mutual assistance between Member States' tax authorities in the assessment and the recovery of taxes. One of the key elements of the proposals is that Member States would no longer be able to invoke bank secrecy in order to refuse cross border co-operation.

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EC authorises French temporary aid scheme to businesses producing green products

The European Commission has authorised under state aid rules of the EC Treaty, a scheme offering reduced-interest loans to businesses investing in the production of green products. The aid, which is one of the measures adopted by France to tackle the current economic crisis, will support businesses faced with financing problems because of the credit squeeze, while at the same time making it easier for them to invest in products with an environmental benefit.

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More protection for consumers in respect of certain aspects of timeshare, long-term holiday product, resale and exchange …

The Official Journal of the European Union, OJEU, has published in February 3rd 2009, Directive 2008/122/EC of the European Parliament and of the Council of January 14th, 2009, on the protection of consumers in respect of certain aspects of timeshare, long-term holiday product, resale and exchange contracts. This Directive aims to tackle the existing regulatory gaps which create appreciable distortions of competition and may cause problems for EU consummers.

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EC gives clearance of the accounts of certain paying agencies concerning EAFRD and EAGF for the financial year 2007

The European Commission has published a set of Decisions (2009/85/EC, 2009/86/EC and 2009/87/EC) adopted in January 2009, concerning the clearance of the accounts of certain paying agencies in Estonia, the Netherlands, Portugal, Austria, Belgium and Germany concerning expenditure financed by the European Agricultural Fund for Rural Development (EAFRD), and expenditure in the field of rural development measures, as well as expenditures, financed by the European Agricultural Guarantee Fund (EAGF). All these Decisions concern the 2007 financial year.

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