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Europe Daily Bulletin No. 11880

11 October 2017
Contents Publication in full By article 15 / 32
ECONOMY - FINANCE - BUSINESS / Emu
Le Maire opposes automatic restructuring instrument for sovereign debt in Eurozone
Luxembourg, 10/10/2017 (Agence Europe)

Following the Ecofin Council meeting in Luxembourg on Tuesday 10 October, the French finance minister, Bruno Le Maire, took a position against creating an automatic restructuring instrument for sovereign debt in the Eurozone, in the framework of the reflection on the evolution of the European Stability Mechanism (ESM).

This position is a “red line for the French government”, he said, adding that it could scare investors off, a situation that would necessarily weaken the Eurozone. This...

Contents

INSTITUTIONAL
CATALONIA: Carles Puigdemont opts for deferred and negotiated independence for Catalonia
UNITED KINGDOM: Theresa May accepts European Court of Justice role during transition period
SECTORAL POLICIES
FISHERIES: EU28 agree on Baltic fishing quotas for 2018, but postpone talks on eel
FISHERIES: Karmenu Vella tells fisheries ministers about under use of European Fund for Maritime Affairs and Fisheries
AGRICULTURE: Commissioner Phil Hogan proposes review of public intervention system for powdered milk in 2018
ENVIRONMENT: Greens in European Parliament sound alarm over glyphosate in ice cream
ENVIRONMENT: Commission says improvement needed on implementation of sustainable use of pesticides directive
TERRORISM: Nathalie Griesbeck, President of European Parliament's Special Committee on Terrorism, says it 'will have to build climate of trust with member states'
JUSTICE: Police records, member states fine-tune negotiating position on future ECRIS-TCN system
TRANSPORT: Estonian Presidency of the Council calls for clarification regarding posted workers in 'mobility' package
DIGITAL: European Parliament's voting calendar disrupted
COHESION: Mr Lambertz appeals to Mr Tusk for 'strong' cohesion policy
ECONOMY - FINANCE - BUSINESS
TAXATION: Definitive VAT regime and taxation of digital giants – member states reserve judgment
EUROGROUP: Gramegna stands for presidency
EMU: Le Maire opposes automatic restructuring instrument for sovereign debt in Eurozone
BANKS: MEPs adopt position on revision of hierarchy of creditors in bank resolution
FINANCE: Supervision of central counterparties located outside EU – positive initial exchange of views at European Parliament
EXTERNAL ACTION
NORTH KOREA: EU strengthens sanctions against Pyongyang
FYROM: Mr Dimitrov says greater frankness between EU and Balkans is required
UNRWA: Krähenbühl says Gaza is a time-bomb
AFRICA: MEPs support revamped partnership to strengthen political dialogue and resilience in Africa
MERCOSUR: EU and Mercosur still committed to a free trade deal despite unsatisfactory revised offers
MEXICO: EU wants to finalise trade agreement 2.0 before Mexican general elections in 2018
TRADE: United Kingdom reportedly looking into joining NAFTA if 'no deal' on Brexit
COUNCIL OF EUROPE
COUNCIL OF EUROPE: Stella Kyriakides of Cyprus elected President of Parliamentary Assembly
NEWS BRIEFS
CONSUMERS: Volkswagen's reply to joint letter from Commission and consumer authorities on Dieselgate
SPAIN: Towards presentation of 2018 draft budget with unchanged economic policy
FINANCE: MEPs call on Commission to step up actions on retail financial services
TAXATION: Directive on tax dispute resolution mechanism definitively adopted
SAKHAROV PRIZE: Venezuelan opposition, Aura Chávez and Davit Isaak 2017 finalists
CORRIGENDUM
SOCIAL: Collective agreement name error for posted workers
CATALONIA: Amadeu Altafaj i Tardio is alternate member at Committee of Regions