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Europe Daily Bulletin No. 13234

24 August 2023
Contents Publication in full By article 21 / 35
ECONOMY - FINANCE - BUSINESS / State aid
European Commission authorises German measure worth €6.5 billion to prevent ‘carbon leakage’
Brussels, 23/08/2023 (Agence Europe)

On Thursday 10 August, the European Commission announced that it had authorised a German aid scheme worth €6.5 billion to provide partial compensation to energy-intensive companies exposed to international competition.

With this scheme, Germany wants to “prevent carbon leakage”, i.e. the relocation of these large companies that could be caused by the rise in fuel prices as a result of the German EU Emissions Trading Scheme (the ‘German ETS for fuels’) to countries with less...

Contents

COMMISSIONERS-DESIGNATE HEARINGS IN EUROPEAN PARLIAMENT
EYCS: European Commissioner-designate Iliana Ivanova presents herself as “guardian of efficient investments”
RESEARCH: Iliana Ivanova calls for more inclusive, greener and better-funded Europe in research
INSTITUTIONAL
EUROPEAN COMMISSION: Maroš Šefčovič assumes interim responsibility for implementing ‘European Green Deal’ following resignation of Frans Timmermans
MULTILINGUALISM: Madrid wants EU Council to examine its request for Catalan, Basque and Galician to be granted official EU language status on 19 September
EUROPEAN PARLIAMENT: Catherine Amalric-Michalet to succeed Véronique Trillet-Lenoir in Renew Europe group
Russian invasion of Ukraine
UKRAINE: EU working on a high-level meeting on peace in Ukraine
BELARUS: EU strengthens its sanctions in connection with Russian invasion of Ukraine and human rights violations
ECONOMY: disbursement of a new instalment of macro-financial assistance for Ukraine
SECTORAL POLICIES
AGRICULTURE: European Commission relaxes access to aid for wine growers and fruit and vegetable producers
PLANTS: research into Xylella fastidiosa progressing thanks to EU funding
FISHERIES: EU and UK sign three agreements on fisheries management
ENERGY: EU achieves 90% gas storage capacity target ahead of schedule
ENERGY: Estonia, Latvia and Lithuania agree to integrate their electricity networks into continental European network
DIGITAL: data governance act, European Commission is introducing common logos to identify recognised intermediation service providers
CLIMATE: according to Eurostat, greenhouse gas emissions from EU economy fell by almost 3% in first quarter of 2023
ECONOMY - FINANCE - BUSINESS
COMPANIES: first European Sustainability Reporting Standards will be highly aligned with global standards
ECONOMY: Italy submits REPowerEU chapter of national recovery plan
COMPETITION: European Commission opens an in-depth investigation into Adobe’s acquisition of Figma
COMPETITION: LALIGA files a complaint against Qatari financing of PSG under Foreign Subsidies Regulation
STATE AID: European Commission approves Czech aid scheme worth €800 million for large companies faced with rising energy costs
STATE AID: European Commission authorises German measure worth €6.5 billion to prevent ‘carbon leakage’
EXTERNAL ACTION
CYPRUS: EU condemns attack on UN force soldiers
WESTERN BALKANS: process possibly leading to new elections in Serb-majority municipalities in northern Kosovo will end on 1 September
NIGER: EU does not rule out punishing coup plotters
TRADE/CLIMATE: EU publishes rules on reporting obligations for transitional phase of Carbon Border Adjustment Mechanism
INDONESIA: EU launches investigation into possible circumvention of countervailing duty on Indonesian biodiesel
CHINA: EU renews countervailing and anti-dumping duties on several Chinese products
SOCIAL AFFAIRS
SOCIAL: social protection spending played key role in withstanding economic shock of Covid-19, according to Eurofound report
NEWS BRIEFS
BUDGET: irregularities detected by OLAF and European Public Prosecutor’s Office concerning two rail infrastructure modernisation projects in Bulgaria
CLIMATE: ‘ETS’, public consultations for updating regulatory acts closing soon
ECONOMY: euro area inflation at 5.3% in July
EMPLOYMENT: European Globalisation Adjustment Fund has helped 13,000 workers made redundant between 2021 and 2022, according to a Commission report
YOUTH: twenty-five young people selected for EU Youth Sounding Board for International Partnerships 2023-2025
MIGRATION: Polish voters will be asked to vote on European migration policies on 15 October
NATO: Alliance strengthens its mission in Iraq