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Europe Daily Bulletin No. 12013

3 May 2018
Contents Publication in full By article 8 / 26
MULTIANNUAL FINANCIAL FRAMEWORK 2021-2027 / Economy
Draft post-2020 EU budget innovates to support structural reforms and investment
Brussels, 02/05/2018 (Agence Europe)

On Wednesday 2 May, the European Commission suggested creating two new budgetary instruments aiming to reinforce stability and economic convergence within the Economic and Monetary Union (EMU), when presenting its proposals for the multiannual financial framework 2021-2027 (see other article).

These two instruments - a structural reform support instrument and an investment stabilisation function (see EUROPE 12012) - echo the European Commission's proposals of December 2017 aiming to deepen...

Contents

MULTIANNUAL FINANCIAL FRAMEWORK 2021-2027
BUDGET: Draft multiannual financial framework 2021-2027 gives lion's share to new European priorities
BUDGET: Potential new own resources would bring in €22 billion over period 2021-2027
BUDGET: Commission suggests mechanism to restrict access to European funding in event of rule of law violations
BUDGET: MEPs welcome Commission's determination to provide EU with new own resources
AGRICULTURE: France opposes 5% cut in farm spending in euro at current rate
COHESION: European Commission forecasts 7% cohesion policy budget reduction but experts say this is more likely to be 10%
DEFENCE: Commission gives European defence means for its ambitions
ECONOMY: Draft post-2020 EU budget innovates to support structural reforms and investment
SECTORAL POLICIES
TRANSPORT: Despite differences, member states want to reach agreement on social aspects in first 'mobility' package in June
CLIMATE: in Bonn, Greens in Parliament urge EU to rally against conflicts of interest promoting fossil fuel industry
CLIMATE: CO2 targets for heavy-duty vehicles due mid-August must be realistic, says ACEA
EXTERNAL ACTION
USA: EU reiterates call for permanent exemption from US customs duties on steel and aluminium
ARMENIA: EU calls once again for dialogue
IRAN: Federica Mogherini wary of Benjamin Netanyahu's statements
LIBYA: Quartet supports organisation of elections this year
BOSNIA-HERZEGOVINA: Mogherini and Hahn call for agreement on electoral reform
COURT OF JUSTICE OF THE EU
JHA: Court holds that a member state can restrict free movement of an EU citizen suspected of past war crimes who is still considered dangerous
INSTITUTIONAL
HUNGARY: Viktor Orbán received by small EPP committee to speak on Europe
UNITED KINGDOM: David Davis is open to idea of association agreement with EU, depending on terms
NEWS BRIEFS
STATE AID: Green light to Croatian support measure for restructuring shipping company
BANKS: New European framework to test resilience of banking sector to cyber-attacks in 2018
ECONOMY: Growth 0.4% of GDP in first quarter in Eurozone and EU
DIGITAL: 5 June objective for interinstitutional deal on communications code still applies
DIGITAL: Public consultation on illegal content
MIDDLE EAST: EU describes ideas expressed by Mahmoud Abbas on Holocaust as 'unacceptable'
VENEZUELA: European Parliament resolution imminent before presidential elections on 20 May