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Europe Daily Bulletin No. 13228

25 July 2023
Contents Publication in full By article 14 / 23
ECONOMY - FINANCE - BUSINESS / Economy
Euro area deficit at -3.2% and debt at 91.2% of GDP in first quarter of 2023
Brussels, 24/07/2023 (Agence Europe)

In the first quarter of 2023, the seasonally adjusted ratio of general government deficit to GDP stood at -3.2% in the euro area, compared with -4.7% at the end of 2022, according to data published by the Statistical Office of the European Union (Eurostat) on Friday 21 July.

In the EU, the general government deficit stood at -3.0% in the first quarter of 2023, compared with -4.7% in the previous quarter.

Of the 23 Member States for which data is available, the highest deficits were...

Contents

SECTORAL POLICIES
MIGRATION: work continues in EU Council on conditions required to obtain long-term resident status in EU
MIGRATION: managing migratory flows to EU, Giorgia Meloni and Ursula von der Leyen launch ‘Rome Process’ with countries of Mediterranean rim
JUSTICE: stronger cooperation between Member States and private sector players recommended in fight against organised crime and use of crypto-assets
JUSTICE: access to justice and protection of victims, Spanish Presidency of EU Council calls for a citizen-centred justice system
CONSUMERS: sustainable procurement, a priority for Spanish Presidency of EU Council, takes centre stage in Bilbao
COMPETITIVENESS: competitiveness ministers to discuss strategic autonomy, internal market and economic security
CIVIL PROTECTION: wildfires in Rhodes and throughout Greece, EU aid stepped up a gear
TRANSPORT: negotiations in EU Council progressing on maritime security strategy
ENERGY: G20 countries fail to set a timetable for phasing out fossil fuels
ENERGY: network operators still far off minimum target of 70% interconnection capacity, according to ACER
COURT OF JUSTICE OF THE EU
BUDGET/RULE OF LAW: CJEU considers that judges are obliged to depart from national rules and case law when it comes to defending EU’s financial interests
INSTITUTIONAL
SPAIN: Spanish legislative elections, positions of Socialists and Christian Democrats remain polar opposites
EXTERNAL ACTION
HUMAN RIGHTS: EU sanctions 18 individuals and five entities responsible for human rights violations in five countries
ECONOMY - FINANCE - BUSINESS
ECONOMY: euro area deficit at -3.2% and debt at 91.2% of GDP in first quarter of 2023
STATE AID: European Commission authorises creation of French guarantee fund for deep geothermal energy
NEWS BRIEFS
STATE AID: seed prices, European Commission authorises Polish aid of around €47 million to farmers
FINANCE/CLIMATE: EBA consults to prepare its analysis of ‘Fit for 55’ climate risk scenario
GUATEMALA: EU warns against any attempt to derail Guatemalan presidential elections
UN: EU Council promises that EU will continue to defend rules-based international order
RUSSIA: EU denounces criminalisation of contacts with foreign NGOs
SOCIAL: coordinators of European Parliament’s Committee on Employment and Social Affairs approve William Cockburn’s candidature to head EU-OSHA
CHAD: EU mobilises €10 million in humanitarian aid for Sudanese refugees in Chad
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