Ceemet, European Tech & Industry employers, welcomes the endorsement by EU leaders yesterday, 25th November 2018, of the agreement reached by negotiators on the terms of the UK’s withdrawal from the EU, and the Political Declaration on the future relationship.

 

The Socialists and Democrats led today a broad cross-party coalition to introduce a tax on the digital services provided by tech giants such as Google, Apple, Facebook, Amazon, Booking or Spotify that could generate billions of much-needed public revenue every year in Europe. The S&Ds called on EU finance ministers to follow the Parliament’s example and swiftly adopt the Digital Services Tax (DST) at their meeting tomorrow.

 

Yesterday, the S&Ds led a majority to support the introduction of a European Child Guarantee, worth €5.9 billion, to help eradicate poverty which hits one out of 4 children in Europe. The proposal is included into the European Social Fund Plus+ which was put to a vote in the European Parliament's employment and social affairs committee. The European Child Guarantee is an initiative of the Socialists and Democrats.

 

EU experts said governance, management, finance and enabling ecosystems are crucial interconnected success factors for companies seeking to scale-up at recent joint ACCA, Barclays, ecoDa and SMEunited event in Brussels

 

Success in scaling-up is not only good for the companies themselves, but  also delivers many benefits for the wider economy, including the people who they employ as well as the community in which they operate.