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Europe Daily Bulletin No. 13040

12 October 2022
Contents Publication in full By article 23 / 40
ECONOMY - FINANCE - BUSINESS / State aid
€150 million Finnish strategic reserve approved to support security of electricity supply
Brussels, 11/10/2022 (Agence Europe)

On Tuesday, 11 October, the European Commission approved a €150 million Finnish capacity mechanism designed to safeguard security of electricity supply in Finland.

This measure will contribute to reducing CO2 emissions in the electricity sector, in compliance with the ‘European Green Deal’, and will contribute to the ‘REPowerEU’ objectives aiming to reduce dependence on Russian fossil fuels.

Finnish support aims to ensure a balance is struck between electricity supply and demand...

Contents

SECTORAL POLICIES
ENVIRONMENT: Sustainable Batteries Regulation, European Parliament and EU Council negotiators have made good progress and will continue on 9 December
ENERGY: revision of ‘EPBD’, Czech Presidency of EU Council seeks political agreement among Member States
ENERGY: methane emissions regulation, Czech Presidency submits third draft compromise
ENERGY: European Commission ready to strengthen EU-Algeria energy cooperation, says Kadri Simson
CONSUMERS: European Parliament/Council negotiations relating to EU regulation on ‘general product safety’ in digital age to resume on 8 November
HOME AFFAIRS: MEPs adopt position on directive on information exchange between Member State law enforcement authorities
HOME AFFAIRS: European Parliament committee validates rules agreed with EU Council on critical infrastructure resilience
REGIONS: report on situation of regions and cities, European Committee of the Regions calls for greater inclusion of local authorities
INTERNAL MARKET: MEPs question functioning of new Single Market Emergency Instrument
AGRICULTURE: EUIPO’s role at centre of EU Member States’ discussions on geographical indications
RESEARCH: European Commission and EIT want to train 1 million Europeans in disruptive technologies by 2025
TRANSPORT: energy dependency and greenhouse gases, Greenpeace calls on EU to rapidly propose reforms in transport sector
Russian invasion of Ukraine
UKRAINE: G7 strongly condemns Russian attacks on population
EXTERNAL ACTION
UNITED KINGDOM: MEPs approve giving European Commission powers to act against UK for breaches of agreements signed with EU
SECURITY - DEFENCE
NATO: allies to discuss their support for Ukraine again
DEFENCE: Borrell calls for action to build European defence
INSTITUTIONAL
BUDGET/RULE OF LAW: EU Council to extend deadline for decision on Hungary by 2 months
BUDGET: MEPs call for 2023 budget to meet needs of current crises
ECONOMY - FINANCE - BUSINESS
FINANCE: MEP Danuta Hübner proposes to make inclusion of small regulated markets in consolidated disclosure system optional
TAXATION: reform of international tax system is progressing well, says OECD
BANKS: European Banking Authority reports increased risks in real estate sector
COMPETITION: Celanese’s acquisition of DuPont’s ‘Mobility & Materials’ business to be conditionally greenlit
STATE AID: €150 million Finnish strategic reserve approved to support security of electricity supply
SOCIAL - EMPLOYMENT - ÉDUCATION
EDUCATION: handbook to help teachers act against disinformation
EMPLOYMENT: European Parliament committee sets out vision for revised employment guidelines for EU Member States
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: European Parliament Committee on Civil Liberties calls for action on structural racism in EU
EU RESPONSE TO COVID-19
HEALTH: MEPs hear representatives of pharmaceutical companies which produce vaccines
COUNCIL OF EUROPE
WESTERN BALKANS: Parliamentary Assembly of the Council of Europe calls for an acceleration of EU enlargement process of Western Balkans
NEWS BRIEFS
MONEY LAUNDERING: MEPs approve agreement with EU Council on revision of ‘transfers of funds’ directive
COHESION: transfer of cohesion funds worries MEPs and Committee of the Regions
COLOMBIA: EU increases its humanitarian aid by €34 million
TRADE: EU exports to its trading partners reached €1 trillion in 2021
TRADE: EU renews anti-dumping duty on Chinese and Indonesian sodium cyclamate
CONSUMERS: European Parliament and EU Council to negotiate on 26 October over Consumer Credit Agreements Directive
FINANCE: MEPs greenlight European Parliament-EU Council agreement on EU crypto-asset framework
FINANCE/CLIMATE: MEP René Repasi files complaint over EU taxonomy
TRANSPORT: European Commission reports to European Parliament committee on repeal of directive on noise emissions from civil aircraft
TRANSPORT: strengthened stability requirements for ro-ro passenger ships, Roberts Zīle’s report adopted in European Parliament committee
TRANSPORT: report for opinion on Multiannual Financial Framework 2021–2027 by Isabel García Muñoz adopted in European Parliament committee
ADDENDUM
MIGRATION: European Commission to ask Member States to extend temporary protection offered in EU to Ukrainians by one year