Explainers

Tax rules for the digital economy which are based on the principles of tax good governance can help promote growth and, among other benefits, deliver on the green and digital transitions.

Small and medium-sized enterprises are the backbone of Europe’s industry and economy. The EU is putting in place policies to support SMEs, given their an essential role in the transition to a sustainable and digital economy.

The EU aims to ensure that only safe products are placed on the European market and that risky products can be removed swiftly.

The EU customs union creates a single tariff area for all goods imported from outside the EU, allowing the goods to move freely between member states without customs.

The single market ensures the free movement of goods, services, capital and people.  
It facilitates everyday life, stimulates growth and boosts innovation.

In an era of growing instability, the EU is acting with determination to strengthen its competitiveness, ensuring prosperity and security for its citizens.

The EU's industrial policy aims to strengthen the competitiveness of EU industry and to promote a more sustainable, resilient and digitalised economy that creates jobs.

New EU rules on work-life balance for parents and carers aim to provide more equal opportunities for women and men in the workplace and at home.

Russia's full-scale invasion of Ukraine caused severe spikes in energy prices across the EU in 2022. To avoid price shocks in the future, the EU reshaped its electricity market in 2024.

The EU has developed corporate sustainability policies for businesses, with the aim of enhancing protection for the environment and human rights in the EU and beyond.