Revenues from environmental taxes in the European Union stood at 341.5 billion euros in 2023, compared to 334.6 billion euros in 2022, representing an increase of 2.1% (6.9 billion euros), according to data published by the Statistical Office of the European Union (Eurostat). Despite this increase, the share of environmental taxes in EU GDP decreased from 2.4% in 2010 to 2% in 2023. Over the same period, revenues from environmental taxes as a share of total government revenues from taxes and social contributions decreased from 6.3% to 5.1%. In 2023, corporations generated the most revenue from environmental taxes at EU level, accounting for 49.4% of the total. The largest share of contributions came from companies in industry, construction, mining and utilities (23.6%) and the services segment (25.8%). At national level, corporations contributed on average half of total tax revenues in most EU Member States, with the highest share in the Czech Republic (81.2%), Estonia (80.3%) and Romania (79.1%), and the lowest in Austria (33.6%), Luxembourg (34.9%) and Ireland (38%). Households contributed 48.3% of total revenue from environmental taxes. In 15 EU Member States, households paid over 40% of total revenue from environmental taxes, ranging from 41.5% in Hungary to 60.3% in Ireland.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
