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		College agenda Commissioners’ agenda
Title of procedure	Day	Description
SME relief package-Revision of the late payments Directive	Tuesday	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’.
Business in Europe: framework for income taxation (BEFIT)	Tuesday	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.

Comitology meetings

N/A

Trilogues

Please note that the Spanish Presidency will inform about the trilogues on Twitter.

Council of the EU

Ministerial meetings

Eurogroup	Friday	Meeting page
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
Informal meeting of economic and financial affairs ministers	Friday Saturday	Meeting page
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"

Preparatory body meetings

*Monday*
Type of body	Details
Working Parties	Working Party of Financial Counsellors Working Party on Tax Questions - Indirect Taxation
*Tuesday*
Type of body	Details
Working Parties	Working Party on Tax Questions - Indirect Taxation WORKING PARTY ON THE UNITED KINGDOM
*Wednesday*
Type of body	Details
Working Parties	Working Party on Company Law
*Friday*
Type of body	Details
Working Parties	WORKING PARTY ON THE UNITED KINGDOM

*Note this is based on the initial draft agenda

European Parliament

Plenary session, Strasbourg

Wednesday	Agenda	Session documents
Title of procedure	Lead	MEP	Type of procedure	Stage of procedure	Link
Statement by the President of the Commission - State of the Union	-	-	-	-	-
Vote: Draft European Council decision establishing the composition of the European Parliament	AFCO	-	-	-	-
Vote: Taxation: administrative cooperation	ECON	Rasmus Andresen (Greens/EFA)	Consultation	One reading only	Oeil

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