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Image header Agence Europe
Europe Daily Bulletin No. 11818
Contents Publication in full By article 17 / 27
EXTERNAL ACTION / Development

European Parliament-Council agreement on EFSD for boosting investment in Africa

On Wednesday 28 June, negotiators at the European Parliament and Maltese Presidency of the Council of the EU reached a provisional agreement on creating the European Fund for Sustainable Development (EFSD).  This is an external investment fund which is expected to enable €44 billion in private sector investment in Africa to be raised by 2020.  Its initial budget is €3.3 billion (see EUROPE 11774).

The goal is to address the deep-rooted causes of migration.  This new instrument is...

Contents

INSTITUTIONAL
BUDGET: Commission starts ball rolling to cut agricultural and cohesion expenditure after 2020
BUDGET: Commission seeking to revolutionise cohesion policy during post-2020 financial framework
BUDGET: Council has mandate to negotiate with European Parliament on 'omnibus' regulation
UNITED KINGDOM: Links between EIB and UK will remain long after Brexit, Hoyer says
ECONOMY - FINANCE - BUSINESS
FINANCE: Member states agree on their position on reinforced controls on cash at EU borders
GREECE: Bundestag gives green light to disbursement of further tranche of aid to Athens
SECTORAL POLICIES
HEALTH: Antimicrobial resistance action plan could disappoint
ENERGY: Electricity market design a priority for Estonian Presidency
ENERGY: Estonia would like to extend EU/Russia talks on Nord Stream-2  to other Russian gas pipelines
AGRICULTURE: Green light to new European rules on organic farming
DIGITAL: EU co-legislators fail to agree on unjustified geo-blocking
ETS: Parliament and Council to meet again before mid-July
CLIMATE: EU and Michael Bloomberg determined to cooperate and strengthen cities' commitment to Paris Agreement
BIODIVERSITY: Towards creation of a new European Bee Partnership, supported by EFSA
COHESION: Thyssen proposes introduction of new indicators for allocation of structural and investment funds
JHA: Most recent global cyber attack spares European institutions
EXTERNAL ACTION
DEVELOPMENT: European Parliament-Council agreement on EFSD for boosting investment in Africa
RUSSIA: European Union extends its economic sanctions by six months
UKRAINE: Council confirms political agreement on further EU trade preferences
VENEZUELA: EU calls on all parties to put an end to violence urgently
COURT OF JUSTICE OF THE EU
HEALTH: Advocate General says medical prescription assistance software are medical devices
NEWS BRIEFS
BALKANS: New EU project to support democratic elections
COLOMBIA: EU calls for implementation of peace agreement to continue following FARC's disarmament
GREECE: MEPs want greater clarity on questions of excessive budgets and Greek debt relief
MEDITERRANEAN: Partnership to improve attractiveness of investing in Euro-Mediterranean region
SWITZERLAND: Bern restates preference for bilateral path with EU but will say more in autumn
TURKEY: €2.9 billion allocated from overall €3 billion Facility for Refugees for 2016-2017