GRID
Welcome to the Grid for the EU institutions for the week ahead
- 11 September 2023
The Grid below gives you the key events in the Commission, Council and Parliament this week. We show the events that are relevant to financial services and economic affairs.
European Commission
Commission agenda
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College agenda
Commissioners’ agenda
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Title of procedure
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Day
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Description
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SME relief package-Revision of the late payments Directive
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Tuesday
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EU rules on late payments (Late Payments Directive) have triggered a reduction in payment delays. However, more than 60% of EU businesses are still not paid on time, and small and medium-sized companies (SMEs) are most affected.
The initiative will help SMEs by revising existing EU payment rules based on available and upcoming evidence to promote a definitive shift towards a culture of ‘prompt payment’.
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Business in Europe: framework for income taxation (BEFIT)
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Tuesday
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On September 12, the Commission plans to present a new initiative "Business in Europe: Framework for Income Taxation (BEFIT)", which aims to introduce a common set of rules for EU companies to calculate their taxable base while ensuring a more effective allocation of profits between EU countries, based on a formula, also called “formulary apportionment”. The new framework is designed to boost the competitiveness of the single market, reduce compliance costs, including for SMEs, and support investment in the EU.
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N/A
Trilogues
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Please note that the Spanish Presidency will inform about the trilogues on Twitter.
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Council of the EU
Ministerial meetings
Eurogroup
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Friday
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Meeting page
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The agenda will comprise:
1. Macroeconomic developments, including an exchange of views with the Chair of the ECON Committee of the European Parliament
2. Selection process of a new ECB Executive Board member
3. Miscellaneous: Update on the ESM treaty ratification
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Informal meeting of economic and financial affairs ministers
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Friday
Saturday
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Meeting page
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An informal meeting of economic and financial affairs ministers is due to take place Santiago de Compostela. The working sessions focus on advancing strategic autonomy and strengthening international economic cooperation, especially with Latin America.
In the framework of Ecofin, a joint meeting with ministers and international financial institutions from the Latin American and Caribbean region will be held for the first time, organised in collaboration with CAF-Development Bank of Latin America and the Caribbean. These meetings will revolve around a common theme: "Towards a Global Green and Digital Economy"
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Preparatory body meetings
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Monday
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Type of body
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Details
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Working Parties
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Working Party of Financial Counsellors
Working Party on Tax Questions - Indirect Taxation
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Tuesday
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Type of body
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Details
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Working Parties
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Working Party on Tax Questions - Indirect Taxation
WORKING PARTY ON THE UNITED KINGDOM
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Wednesday
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Type of body
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Details
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Working Parties
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Working Party on Company Law
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Friday
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Type of body
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Details
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Working Parties
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WORKING PARTY ON THE UNITED KINGDOM
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*Note this is based on the initial draft agenda
European Parliament
Plenary session, Strasbourg
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Wednesday
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Agenda
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Session documents
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Title of procedure
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Lead
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MEP
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Type of procedure
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Stage of procedure
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Link
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Statement by the President of the Commission - State of the Union
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-
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-
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-
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-
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Vote: Draft European Council decision establishing the
composition of the European Parliament
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AFCO
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-
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-
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-
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Vote: Taxation: administrative cooperation
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ECON
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Rasmus Andresen (Greens/EFA)
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Consultation
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One reading only
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Oeil
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