In order to promote economic growth, create jobs and attract investments in the EU, in December 2018 the European Commission adopted a proposal for a directive on modernising the existing EU company law.
In December 2018, EU legislators agreed to adopt new electricity market rules to better integrate renewable energy, to help consumers switching energy providers and to end state subsidies to the most polluting coal power plants.
On 6 December 2018 the European Council adopted a general approach on a proposal for the establishment of the European Labour Authority (“ELA”).
New EU rules have been created to eliminate the main loopholes used in corporate tax avoidance, entered into force on 1 January 2019.
EU consumers show growing demand for cross-border online shopping.
Enhanced coordination of social security systems: more flexibility and clarity for EU mobile workers
On 20 November 2018, the European Parliament’s Committee on Employment and Social Affairs (“EMPL”) adopted modernised rules for coordinating social security systems.