European Union

The combined wealth of EU billionaires increased by more than 400 billion euros in just six months this year – the equivalent of over two billion euros a day. That is according to Oxfam’s new report, “A European Agenda to Tax the Super-Rich” which comes ahead of EU Finance Ministers meeting to discuss ways to finance the EU’s budget.   

Today, Egala and Oxfam published a new report, “Brutal Barriers”, detailing the frightening and sometimes deadly journey of people trying to reach safety in Europe. Survivors’ testimonies reveal the violence inflicted by both Polish and Belarusian authorities on people seeking asylum as well as the treacherous conditions people face in crossing the swamplands of the primeval Białowieża forest.

The report, "Who Profits from the Global Gateway? The EU's new strategy for development cooperation" attempts to answer the question: is the Global Gateway prioritising the EU's foreign policy goals and its own economic interests over positive development outcomes in its partner countries? This report builds on previous research and provides a timely and comprehensive analysis of the Global Gateway, including its financing, governance and latest projects.

Taxes that disproportionately affect ordinary Europeans – consumption and labour taxes – bring in 13 times more revenue than taxes on wealth, which are paid mainly by the super-rich, according to a new analysis by Oxfam. 

Ahead of the first plenary of the newly elected European Parliament, more than 90 human rights and humanitarian organisations are sounding the alarm over attempts by the EU and EU countries to offload their migration responsibilities to countries outside of Europe.

This week, EU negotiators are hammering out the final details of the long-awaited EU migration pact.

Ahead of the trilogues, Stephanie Pope, Oxfam EU migration expert, said: “The deal is nothing but a house of cards incapable of fixing the EU’s broken asylum system. After years of negotiation, we are left with a pact that ushers in increased detention, more pushbacks, and dubious deals with non-EU countries.

Global greenhouse gas (GHG) emissions are set to rise by 10.6% by 2030 instead of falling by the 45% needed to limit the increase in global temperature to 1.5 °C. The G20 countries are the worst and most-responsible offenders, says Oxfam.

Today, the European Commission presented its proposal for new sources of revenue for the EU’s budget.  

Europe currently wastes land the size of Ireland on crops for biofuels which is an obstacle to tackling the climate crisis and food security, a new study shows. The study commissioned by T&E shows that this land could be used to feed 120 million people or, if given back to nature, could absorb twice as much CO2 as is supposedly saved by powering cars with biofuels. Using an area equivalent to just 2.5% of this land for solar panels would produce the same amount of energy.

Today, EU finance ministers again failed to agree on an EU minimum tax for multinational companies. This follows a deal struck at the international level to implement a global minimum tax.