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Europe Daily Bulletin No. 11195

13 November 2014
Contents Publication in full By article 4 / 35
ECONOMY - FINANCE - BUSINESS / (ae) finance
Council does not wish to redesign financial supervision system

Brussels, 12/11/2014 (Agence Europe) - The members states take the view that the European financial supervision system is working properly and that there is no need for an in-depth revision at this stage.

However, the system - which is made up of the European Systemic Risk Board (ESRB) and the European supervisory authorities for banking (EBA), the financial markets (ESMA) and the insurance sector (EIOPA) - could benefit from “targeted” improvement aimed at improving “the governance...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Realities and responsibilities of tax evasion - positive developments and obstacles
ECONOMY - FINANCE - BUSINESS
(AE) TAXATION: Luxleaks - Juncker torn between duty to abstain and duty to act
(AE) PORTUGAL: Bailout plan - final loan of €400 million from EFSM
(AE) FINANCE: Council does not wish to redesign financial supervision system
(AE) BANKS: 'Stress tests' - recapitalisation plans put forward
INSTITUTIONAL
(AE) COMMISSION: Juncker decides to respond to criticism
(AE) COMMISSION: Working programme ready by mid-December
(AE) BUDGET: Commission presents own resources proposal
(AE) BUDGET: OLAF needs independent controller of procedural guarantees
SECTORAL POLICIES
(AE) GMOS: MEPs promote project for culture of “individual choice”
(AE) FISHERIES: Agreement on 2015 and 2016 quotas for deep sea fish
(AE) AGRICULTURE: Cypriot state aid - Council to decide in December
(AE) AGRICULTURE: Russian ban - Greek application for peaches/nectarines
(AE) AGRICULTURE:
(AE) SPACE: Rosetta keeps its historic date with comet
(AE) INDUSTRY: Better coordination of industrial renaissance policies
(AE) TRANSPORT: European taxis get organised against Uber app
(AE) ENERGY:
(AE) DIGITAL: BNetzA's arguments fail to convince Commission
(AE) HEALTH: Four MEPs rally for campaign against pancreatic cancer
(AE) HEALTH:
(AE) JHA: LIBE sceptical over relaunch of European PNR
(AE) JHA: British MPs pass opt-out amidst chaos
SOCIAL AFFAIRS
(AE) FRANCE: EU may provide former Air France workers with €25.9 million in aid
(AE) GREECE: €6.4 million from Globalisation Fund for former Fokas department store workers
(AE) POLAND: €1.2 million for former Polish Fiat workers
EXTERNAL ACTION
(AE) UKRAINE: EU to discuss new measures against Russia
(AE) HUMANITARIAN AID: EU increases its aid to Ukrainians by €7.8 million
(AE) TURKEY: No doubt about European outlook but road is long
(AE) MIDDLE EAST: EU calls for tension to be eased
(AE) PAKISTAN: 53 MEPs call on Mogherini to take action to save Asia Bibi
(AE) NIGERIA: EU strongly condemns suicide bombing targeting a school
(AE) TRADE: Breakthrough on review of WTO agreement on ITC
(AE) TRADE:
COURT OF JUSTICE OF THE EU
(AE) SOCIAL: Court gives member states weapon to tackle “welfare tourism”