Day: July 9, 2026

The European Parliament held a key plenary debate on the proposed 28th Tax Regime, an initiative designed to simplify business rules for startups and scale-ups operating across the European Union. MEPs discussed whether a common optional tax framework could strengthen the EU Single Market, reduce bureaucracy, attract investment, prevent companies from relocating abroad, and improve Europe’s global competitiveness.

The debate also highlighted concerns over tax sovereignty, fiscal harmonization, workers’ rights, tax avoidance, and the balance between EU integration and Member State authority. Supporters argue the proposal could help innovative businesses scale across Europe, while critics warn against excessive centralization and erosion of national tax powers.

Stay tuned for the latest updates from the European Parliament on EU competitiveness, taxation, innovation, startups, and economic policy.

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Source/Courtesy: EU

Cyprus officially concluded its Presidency of the Council of the European Union, highlighting six months of intensive diplomacy, legislative achievements, and strategic leadership across Europe. President Nikos Christodoulides, Foreign Minister Constantinos Kombos, and Deputy Minister Marilena Raouna presented the Presidency’s accomplishments, including progress on EU enlargement, defense cooperation, competitiveness, migration, Middle East engagement, affordable housing, and the Multiannual Financial Framework.

The leaders emphasized Cyprus’ role as an honest broker, a bridge between Europe and the Middle East, and a driving force behind key agreements affecting millions of European citizens. The briefing also addressed the Cyprus issue, EU-Turkey relations, NATO, Gaza humanitarian efforts, Ukraine, Moldova, Montenegro, and future European integration.

In addition, the European Parliament approved a landmark Air Passenger Rights reform after 13 years of negotiations, introducing stronger consumer protections, clearer compensation rules, better rights for families, disabled passengers, and greater airline transparency.

Watch the full highlights from these important European Union press conferences.

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Source/Courtesy: EU

The European Parliament held a crucial debate on the growing threat of narco-trafficking across Europe’s waters, focusing on stronger border protection, port security, and enhanced support for law enforcement agencies. MEPs discussed the rise of organized crime, cocaine trafficking through European ports, corruption, money laundering, and the need for closer cooperation between Europol, Frontex, Eurojust, customs authorities, and national police forces.

European Commissioner Costas Kadis outlined the EU’s strategy, including new legislation, stronger operational cooperation, and improved security measures to combat transnational drug cartels. The debate also covered maritime surveillance, artificial intelligence, intelligence sharing, asset seizures, prevention programs, and the protection of frontline officers safeguarding Europe’s borders.

Watch the full European Parliament debate to understand the latest proposals aimed at protecting EU citizens from organized crime and drug trafficking.

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Source/Courtesy: EU