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Image header Agence Europe
Europe Daily Bulletin No. 12126
Contents Publication in full By article 12 / 31
ECONOMY - FINANCE / Banks

Agreement in sight at Council on minimum coverage of losses inherent to future stocks of non-performing loans

On Wednesday 31 October, the ambassadors of the member states to the EU (Coreper) will seek to reach a political agreement in principle on the proposed regulation introducing common minimum coverage thresholds for bank loans that become non-performing (non-performing exposures or NPE) after the future rules enter into force (see EUROPE 11981).

It would already have been possible to reach a qualified-majority agreement of the member states on Wednesday 24 October, on the basis of a compromise...

Contents

SECTORAL POLICIES
AGRICULTURE: European Parliament rapporteur, Mrs Herranz García, wants to postpone application of new CAP until 2023
ENERGY: Political agreement between European Parliament and Council possible in November on ACER and risk-preparedness
TRANSPORT/ENVIRONMENT: informal ministerial meeting in Graz on clean, safe and low-carbon transport
GMOs: transgenic soybeans authorised by Commission, European Ombudsman will investigate a complaint from GeneWatch UK and Testbiotech
JUSTICE: Electronic evidence, discussions are underway in Council on addition of notification procedure
JUSTICE: fraud involving non-cash means of payment, European Parliament/Council negotiations focus on victims' rights and level of sanctions
JUSTICE: EDRi launches new tool to monitor implementation of General Data Protection Regulation
EUROPEAN PARLIAMENT PLENARY
TRANSPORT: European Parliament is more ambitious than Commission in terms of public procurement of clean vehicles
CUSTOMS: European Parliament ready to negotiate on regime for import of cultural goods into EU
TRADE: Left-right split at European Parliament over measures to get globalisation under control
ENVIRONMENT: European Parliament votes to harmonise data reporting obligations in EU legislation
ECONOMY - FINANCE
BANKS: Agreement in sight at Council on minimum coverage of losses inherent to future stocks of non-performing loans
STATE AID: In-depth investigation launched into measures to benefit Ryanair and FFHG at Frankfurt-Hahn airport
COMPETITION: Green light to acquisition of sole control of EMI Music Publishing by Sony
COMPETITION: Nearly 50% of infringements in agriculture sector concern pricing agreements
SOCIAL AFFAIRS
SOCIAL: road transport is invited to Council discussions on European Labour Authority
EXTERNAL ACTION
TUNISIA: In Tunis, Juncker strengthens partnership with Tunisia and receives grievances
IRAQ: EU urges political actors to form government urgently
TRADE: Thirteen jurisdictions want to accelerate WTO reform
TRADE: European trade defence instruments discussed at WTO
SECURITY - DEFENCE
CSDP: Military mobility has been a great success for EU, says General Kostarakos
INSTITUTIONAL
UK: Two Scottish National Party parliamentarians meet Barnier to express their concern
COURT OF JUSTICE OF THE EU
TRANSPARENCY: EURIBOR cartel – General Court rejects requests for legal proceedings to be confidential
NEWS BRIEFS
CAMEROON: EU expects president to bring all actors together for benefit of all Cameroonians
CYPRUS: Nicos Anastasiades and Mustafa Akınci agree on opening of two new crossing points
ETHIOPIA: EU welcomes Ms Sahle-Work Zewde as head of state
JUSTICE: commissioner Jourová is concerned about rise in discrimination against Roma community
RO2019EU: Commission hopes that internal problems in Romania will not interfere with Romanian Presidency of the Council
YEMEN: EU urges parties to allow supplies to population urgently
CALENDAR
Main events of European Institutions: 29/10 - 04/11/2018
Other Events of the week: 29/10 - 11/11/2018