In the EU, the minimum tax on multinational corporations is estimated to yield 220 billion US dollars worldwide.

Commencing on January 1st, businesses with annual sales above 750 million euros will be required to adhere to the OECD’s minimum tax rate of 15 percent. Gentiloni, the EU commissioner: “This is how we curb the race to the bottom.” However, several nations are still absent. Brussels – An important step towards achieving tax justice:…

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In orbit is a “new” planet. The EU will launch Destination Earth, a digital version of Earth, in 2024.

Two “digital twins” on climate change adaptation and meteorological and geophysical hazards will be executed at the operational level starting in June of the following year. By 2030, every digital model on the planet—including those related to biodiversity and the oceans—will be combined into a single, comprehensive reproduction. Brussels – Destination Earth, or DestinE, is…

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Italy’s debt will have to be reduced by 1% annually as the EU passes a new stability accord.

Found agreement. Flexibility with regard to defence and green investments; until 2027, concentrate on how high interest rates affect the cost of debt. Giorgetti: “Italy has made great progress.” Brussels – Digital and green transitions are secure. The main objectives of the European Union’s agenda will receive the attention and time allotted to member states….

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