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Europe Daily Bulletin No. 13250

15 September 2023
Contents Publication in full By article 1 / 39
ECONOMY - FINANCE - BUSINESS
ECB: further increase of 25 basis points in three key interest rates
Brussels, 14/09/2023 (Agence Europe)

The Governing Council of the European Central Bank (ECB) has decided to raise the ECB’s three key interest rates by a further 25 basis points. This is the tenth consecutive increase. On 20 September, the rate on the deposit facility will reach a historic low of 4%, the rate on the main refinancing operations will be 4.5% and the rate on the marginal lending facility will be 4.75%.

Are we moving towards a cap on rate levels? This time, the Governing Council indicated that it considered...

Contents

ECONOMY - FINANCE - BUSINESS
ECB: further increase of 25 basis points in three key interest rates
ECONOMY: EU/Latin America cooperation, EIB presidency and reform of European fiscal rules on agenda of EU finance ministers
FINANCE: European Commission launches consultation on sustainable finance disclosures
TAXATION: corruption is one of main causes of mistrust in tax system
TAXATION: European Commission’s new proposals to simplify tax rules do not meet with unanimous approval
SECTORAL POLICIES
ENVIRONMENT: ‘waste shipment' regulation, European Parliament/EU Council negotiations resume on 21 September
ENVIRONMENT: European Commission updates EU Ecolabel criteria for absorbent hygiene products
AGRICULTURE: MEPs want to know more about health impact of ‘cell-based meat’
AGRICULTURE: 43 MEPs in favour of extending derogations to CAP rules
FOOD SAFETY: EU/South Korea agreement on digitisation of export health certificates
ENERGY: Connecting Europe Facility, 13 projects submitted to European Climate, Infrastructure and Environment Executive Agency
TRANSPORT: MEP Henna Virkkunen supports review of rules governing occasional passenger transport sector
EXTERNAL ACTION
WESTERN BALKANS: Josep Borrell deplores lack of efforts by Belgrade and Pristina to implement agreement on path towards normalisation between two countries
LIBYA: EU emergency aid ramps up after deadly floods
TUNISIA: delegation from European Parliament refused entry to country
INSTITUTIONAL
FUTURE OF EU: pro-European groups in European Parliament unveil their plan to revise European treaties
EUROPEAN PARLIAMENT PLENARY
COMPETITIVENESS: critical raw materials act, European Parliament adopts its position
INTERNAL MARKET: European Parliament reacts to SME relief package
ENERGY: electricity market reform, European Parliament rejects objection at mandate to enter into interinstitutional negotiations
GENDER EQUALITY: a slight majority in European Parliament in favour of criminalising purchase of sexual services
GENDER EQUALITY: ‘Rubiales' case, MEPs call for an end to gender-based violence in sport
SOCIAL: MEPs concerned about poor working conditions for European firefighters
EDUCATION: European Parliament wants European funds for inclusion of Roma children in education to be used effectively
CULTURE: European Parliament wants to support European book industry
UNITED STATES: EU-US Critical Minerals Agreement, European Parliament calls for more ambition in negotiations
TURKEY: European Parliament calls for a “parallel and realistic framework” for relations between EU and Turkey
BANGLADESH: European Parliament adopts resolution deploring human rights situation and conviction of leaders of Odhikar organisation
AZERBAIJAN: European Parliament calls for release of Gubad Ibadoghlu
BUDGET: European Parliament approves appointment of Katarína Kaszasová to European Court of Auditors
Russian invasion of Ukraine
STATE AID: European Commission gives green light to €70 million Slovakian measure to support certain agricultural sectors
COURT OF JUSTICE OF THE EU
CONSUMERS: Court clarifies right to terminate a package travel contract cancelled for force majeure without charge
SOCIAL: invalidity pensions in Spain, Court recognises and takes action against “double discrimination” against fathers
JUSTICE: ‘Diesel Gate’ case, Court ruled that criminal proceedings for same offences could not be maintained if a final decision already existed in a Member State
JUSTICE: Advocate General Ćapeta does not consider national anti-doping authority publishing doped professional athlete’s personal data online to be in breach of GDPR
NEWS BRIEFS
BUDGET: European Commission issues €5 billion in its 9th syndicated transaction of year
CHINA: Beijing accuses EU of protectionism after announcing anti-subsidy investigation into Chinese electric vehicles
EUROPEAN COMMISSION : Commissioner-designate Wopke Hoekstra will be heard by European Parliament’s Committee on Environment on 2 October
HUMAN RIGHTS: European Parliament political groups announce their candidates for 2023 Sakharov Prize
NATO: Péter Szijjártó warns that Swedish criticism of Hungary’s democracy will complicate ratification of Stockholm’s accession treaty