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Ahead of Ireland assuming the Presidency of the Council of the EU in July, Thibaut L’Ortye, Chief Policy and Public Affairs Officer, AmCham EU joined business and policy leaders at the AmCham Ireland’s Global Business Conference to reflect on the opportunities facing Europe’s economy. Against a complex geopolitical backdrop, the conversation looked at how forthcoming EU initiatives can strengthen Europe’s attractiveness for investment and long-term growth. From simplification efforts and the Industry Accelerator Act to the 28th regime, the Biotech Act and progress on the Savings and Investment Union, the scale of the agenda is significant. A renewed focus on deepening the Single Market was a clear priority, alongside maintaining openness to foreign investment as a driver of innovation, competitiveness and a stronger industrial base across Europe. Joining Mr L’Ortye on the panel was Lucinda Creighton, Founder and CEO, Vulcan Consulting and Colm O'Callaghan, Director of Public Affairs and Advocacy, AmCham Ireland. 

The EU’s e-invoicing landscape is increasingly fragmented, with Member States imposing divergent formats, extra data fields, inconsistent definitions, validation rules and implementation timelines that drive up compliance costs – especially for SMEs – and undermine the Single Market.

Reforming the EU’s e-invoicing landscape is vital to deliver upon the vast simplification potential of VAT in the Digital Age (ViDA) and the Public Procurement Directive revision.

Learn more about why the EU should establish a harmonised, interoperable EU framework for B2G and B2B e-invoicing by mandating the use of a common standard and limited variety of syntaxes, establishing common transmission methods and supporting efficient implementation.  

On Tuesday 27 January, AmCham EU met with Aingeal O’Donoghue, Irish Ambassador to the EU to exchange views on Ireland’s Presidency priorities. Discussions focused on how the upcoming Irish Presidency of the Council of the EU can support a more competitive, resilient and sustainable Europe, with a particular focus on trade, security and investment. AmCham EU shared its perspectives on strengthening Europe’s global economic position and how to ensure that EU policymaking supports long-term growth. The exchange reinforced the importance of close engagement between policymakers and the business community as preparations continue for Ireland’s Presidency in July.