free trade

November 3, 2020

Crypto-assets in European Markets – a Strategy for the Future

The European Commission recently published a Digital Finance Strategy which includes concrete propositions for the regulation of crypto-assets. This is the first time a comprehensive legal framework for distributed ledger technology (DLT) and crypto-assets has been announced by the EU.
October 28, 2020

Towards a More Autonomous EU

The European Council President Charles Michel envisions a more “autonomous” (i.e. economically self-sufficient) EU. However, this pursuit of economic independence, under the guise of ‘strategic autonomy’, is not only unnecessary but also comes with costs: the impediment of global free trade and increased costs for consumers.
October 22, 2020

Lessons from Estonia

Like other issues, taxes are one of those policy areas where the differences between EU member states are greater than the commonalities. The International Tax Competitiveness Index (ITCI) from the Tax Foundation is a measure of the competitiveness of OECD countries’ tax systems.
October 16, 2020

Reforming Tax Policy in Europe After COVID

The post-COVID world poses significant challenges for taxation policy. Our recent panel discussion with FNF was based on the recent publication of the International Tax Competitive Index which explored changes in corporate, individual income, consumption, and property taxes as well as the treatment of overseas profits.
October 12, 2020

Decentralise Financing To Improve The Rule Of Law

The new Commission report on the rule of law in the EU has found that ‘there are serious challenges, cases where the resilience of rule of law safeguards is being tested and where shortcomings become more evident’.
October 8, 2020

Finding the Right Balance EU-China Relations After COVID-19

The virtual meeting between top-level EU and Chinese officials on 14 September appears to be an ironic metaphor of the increasing distance in the relationship. The online meeting replaced the much-anticipated Leipzig Summit, which aimed to further integrate two key economies in the world.
September 28, 2020

Global Supply Chains In A Post-Covid World

COVID-19 has caused huge disruptions to global trade and supply chains, both directly and indirectly (as a result of policy responses: lockdowns, social distancing measures etc). While some supply chains have recovered or adapted, others are yet to find ways of overcoming the pandemic.
September 25, 2020

Rejecting Mercosur Would Be a Lose-Lose

Nearly a month ago, “Fridays for Future” speaker Luisa Neubauer met with German Chancellor Angela Merkel. According to Neubauer, Merkel assured her that she would “definitely not sign” the free trade agreement between the EU and the Mercosur states – Argentina, Brazil, Paraguay and Uruguay.
September 18, 2020

Trade Wars & Digital Taxation

A digital services taxation framework within the EU has been discussed widely over the course of the last two years, with the State of the European Union address revealing a renewed commitment to coming up with a more specific proposal in early 2021.