labour cost

  In late 2025, the European Union agreed to accelerate the removal of the customs-duty exemption for imported parcels valued under 150 euros, a technical change that will take effect from mid-2026. Under the new regime, low-value parcels entering the EU from third countries will be subject to a fixed customs duty, ending a long-standing […]

  Following Mario Draghi’s report on “The Future of European Competitiveness,” the European Union has become more attentive to the challenges posed by the lagging productivity growth that stems from declining innovation. The primary thrust of the report is to establish a new, Brussels-centered industrial policy that includes substantial subsidy programs, policy harmonization and tariffs designed to […]