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Europe Daily Bulletin No. 11833

20 July 2017
Contents Publication in full By article 18 / 27
ECONOMY - FINANCE - BUSINESS / Banks
Envelope of Single Resolution Fund reaches €17 billion
Brussels, 19/07/2017 (Agence Europe)

Since its creation at the beginning of 2016, the Single Resolution Fund (SRF) had accumulated an envelope of €17 billion by the end of June, fed in by more than 3,500 banking and financial establishments, the Single Resolution Board (SRB) announced on Wednesday 19 July.

The SRF, which was created in early 2016, is the financial arm of banking union in the Eurozone. Triggering it, which constitutes a last-resort decision, aims to allow the resolution of a failing Eurozone bank without its...

Contents

INSTITUTIONAL
POLAND: Rule of law - Commission threatens to trigger Article 7 procedure against Warsaw
COMMISSION: Women must represent at least 40% of executive-level staff by November 2019
SECTORAL POLICIES
SECURITY: Commission calls on member states to carry out studies on hybrid threats 'as soon as possible'
MIGRATION: Member states agree on standards for the qualification of third-country nationals as beneficiaries of the right of asylum
MIGRATION: Visegrad countries ready to help Italy in limiting migrant arrivals as much as possible
AGRICULTURE: Visegrad countries call on Commission to act on dual quality of foodstuffs
AGRICULTURE: Several countries from Central and Eastern Europe concerned at availability of farmland
AGRICULTURE: Czech Republic raises issue of discriminatory non-tariff barriers
FISHERIES: European Fisheries Fund 2007-2013 deemed moderately effective
ENERGY: Riga calms things down with Minsk on issue of safety of Astraviets plant whilst awaiting IAEA opinion
CLIMATE: European chemicals industry can be carbon neutral by 2050
CONSUMERS: Public consultation opened on aluminium in toys
EXTERNAL ACTION
LEBANON: Gebran Bassil calls for greater solidarity towards Syrian refugees
PAKISTAN: EU wants to strengthen security and defence cooperation
ALGERIA: EU asks Algiers to implement priorities of new bilateral partnership
SUSTAINABLE DEVELOPMENT: MEPs ask Commission for clear roadmap to make EU global leader
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: Question of subsidiarity re-emerges in debate about home-and work life balance
ECONOMY - FINANCE - BUSINESS
BANKS: Envelope of Single Resolution Fund reaches €17 billion
FINANCE: ESMA recommends improvements to national supervision of financial information
ECONOMY: EIB to lend €12 billion globally to projects with emphasis on sustainability
COURT OF JUSTICE OF THE EU
EMPLOYMENT: A state can use specific work contracts for the under 25 that can be rescinded once this age is attained
NEWS BRIEFS
COSTA RICA: €3.5 million allocated to LAIF to co-finance sanitation studies in country
ENVIRONMENT: Commission proposal on glyphosate to be debated with member states on Thursday 20 July
JHA: Bulgaria sent letter of formal notice on document security
INTERNAL MARKET: EESC calls for action against counterfeit and pirated goods
DIGITAL: French Council of State calls on ECJ to examine territorial scope of dereferencing law
SYRIA: EU to bring support to investigations into war crimes