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Europe Daily Bulletin No. 12052

30 June 2018
Contents Publication in full By article 1 / 24
EUROPEAN COUNCIL / Emu
Twenty-Seven take note of decision to make ESM into backstop of Single Resolution Fund
Brussels, 29/06/2018 (Agence Europe)

At the Eurozone summit in Brussels on Friday 29 June, the heads of state or government of the EU countries (with the exception of the United Kingdom, which is not represented) decided to make the European Stability Mechanism (ESM) into the common backstop of the Single Resolution Fund (SRF), the financial arm of Banking Union. 

This is one more step towards the completion of Banking Union that has been taken at this Eurozone summit. Jean-Claude Juncker, the President of the European...

Contents

EUROPEAN COUNCIL
EMU: Twenty-Seven take note of decision to make ESM into backstop of Single Resolution Fund
UNITED KINGDOM: 'Last call' of EU27 for finding solution to Irish question if London wants agreement on withdrawal in October
MIGRATION: Donald Tusk says it is too early to talk about 'success' in managing migrant challenge
AFRICA: Twenty-Eight to contribute to socio-economic transformation of continent to fight causes of migration
TRADE: EU28 calls for reform of WTO and new rules on subsidies
UNITED STATES: Backed by EU28, Juncker should be in Washington between 24 and end July
TAXATION: European Council commits to move forward quickly on short-term VAT measures
WESTERN BALKANS: Tusk and Juncker say Sofia summit and progress on Western Balkans are greatest success of Bulgarian presidency of the EU Council
RUSSIA: Despite a stagnating situation, EU will not change stance towards Russia, warns Emmanuel Macron
SECTORAL POLICIES
AGRICULTURE: CAP post-2020 and food chain are priorities of upcoming Austrian presidency of the Council
AGRICULTURE: Paolo De Castro, Parliament rapporteur on unfair trading practice, has ambitions
ENTERPRISE: Commissioner Jourová provides update to stakeholders on goal of legislative package on company law
CONSUMERS: Directive on package holidays and travel bought online comes into force on 1 July
ECONOMY - FINANCE - BUSINESS
ECONOMY: Dombrovskis stresses that link between European Semester and cohesion policy remains 'limited'
EXTERNAL ACTION
FYROM: Mogherini and Hahn call for reforms to be pursued ahead of opening of EU accession negotiations in June 2019
AFRICA: Neven Minica co-chairs EU-AU event on women in power at African Union summit in Nouakchott
FOREIGN AFFAIRS: European Union in favour of stepping up the fight against use of chemical weapons
INSTITUTIONAL
PARLIAMENT: Future of EU with Mr Morawiecki, 'mobility pact I' and copyright on Parliament plenary session agenda
SOCIAL AFFAIRS
SOCIAL: All actors must shoulder their responsibilities to implement the social base, says Marianne Thyssen
NEWS BRIEFS
ECONOMY: Annual inflation rate up to 2.0% in Eurozone in June
DIGITAL: Members states endorse three interinstitutional agreements
TURKEY: Council agreement on financing modalities for second tranche of Refugee Facility
CALENDAR
Main activities of the European Institutions: 02/07 - 08/07
Other events: 02/07 - 15/07