ECOFIN is set to agree new rules on cross-border VAT fraud at its 4 May meeting in Brussels, the latest step in a decade-long effort to close the EU's largest tax-revenue leak.
After 25 years of negotiation, the EU's free-trade agreement with Argentina, Brazil, Paraguay and Uruguay started applying provisionally on 1 May 2026, cutting tariffs on cars, pharmaceuticals and most agri-food.
Talks on the European Commission's Digital Omnibus reform of the AI Act broke down on 28-29 April over how AI embedded in medical devices, machinery, toys and connected cars should be regulated.