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Europe Daily Bulletin No. 12154

7 December 2018
Contents Publication in full By article 20 / 34
ECONOMY - FINANCE - BUSINESS / Banks
Minimum coverage of losses inherent in future stock of non-performing loans, European Parliament/Council negotiations should be concluded quickly
Brussels, 06/12/2018 (Agence Europe)

The European Parliament's Committee on Economic and Monetary Affairs adopted a negotiating position close to that of the Council of the European Union on Thursday 6 December on the proposal for a regulation introducing common minimum coverage thresholds for bank loans that would become non-performing exposures (NPEs) after the entry into force of the future European rules (see EUROPE 12129). 

“We will work hard to swiftly conclude this file before the end of the year and to adopt the...

Contents

SECTORAL POLICIES
TERRORISM: EU ministers want terrorist content on Internet removed within an hour
MIGRATION: Vienna considers that it has made progress in six months on Dublin reform and reflections on solidarity measures
MIGRATION: Council approves part of reform of European Coastguard and Border Guard Agency
CONSUMERS: MEPs pave way for collective redress in EU for consumers harmed by same company
JUSTICE: civil society invites Council to review its copy of proposal for a Regulation on electronic evidence
JUSTICE: upcoming negotiations on 'ECRIS-TCN' on 11 December, Council will still defend inclusion of dual nationals
COHESION: Committee of Regions asks to review level of ambition for post-2020 cohesion policy
DIGITAL: intermediation services, MEPs choose to include operating systems
DIGITAL: interinstitutional political agreement on reform of .eu domain name
ENERGY: failure of European Parliament/Council negotiations on 'capacity mechanisms' in electricity sector
TRANSPORT: European Court of Auditors calls on EU and Member States to make targeted investments
AGRICULTURE: Commission will have to decide whether to trigger safeguard clause on rice
SOCIAL AFFAIRS
SOCIAL: Slovakia, Latvia and Cyprus want to host future headquarters of European Labour Authority
SOCIAL: Hungary and Poland block Council conclusions due to the mention of LGBTQI
SOCIAL: Member States make recommendations on access to social security for employees and self-employed more flexible
INSTITUTIONAL
UNITED KINGDOM: for Michel Barnier, scenario of a no-deal Brexit cannot yet be ruled out
PES: Party of European Socialists will officially appoint Mr Timmermans as social democrat Spitzenkandidat
TRANSPARENCY: MEPs will have to make their meetings with lobbyists known
ECONOMY - FINANCE - BUSINESS
COMPANIES: cross-border mobility of companies, European Parliament adopts a position that focuses on strengthening employee consultation
BANKS: minimum coverage of losses inherent in future stock of non-performing loans, European Parliament/Council negotiations should be concluded quickly
SECURITY - DEFENCE
DEFENCE: Europeans try once again to reassure Americans about European defence
EXTERNAL ACTION
UN: Linda McAvan condemns withdrawal of EU countries from Global Compact on Safe, Orderly and Regular Migration
TRADE: Member States still seeking a compromise on control of exports of dual-use items
INDONESIA: initiation of an anti-subsidy investigation against Indonesian biodiesel imports into EU
COURT OF JUSTICE OF THE EU
PROFESSIONAL QUALIFICATIONS: Court emphasises automatic and unconditional nature of European recognition system
INTERNAL MARKET: taxing export of electricity produced in territory of a Member State is contrary to EU law, according to Court
NEWS BRIEFS
AGRICULTURE: CoR calls for regions' role in implementation of CAP to be maintained
AGRICULTURE: Commission publishes a report on performance of CAP
STATE AIDS: green light for prolongation of Greek and Polish bank guarantee schemes
TAXATION: France threatens to introduce its own national tax in case of failure on digital taxation at European level
JUSTICE: Council adopts its action plan on e-justice for 2019-2023
SEA OF AZOV: Ms Mogherini expressed her concerns to Mr. Lavrov about resurgence of tensions
TRANSPORT: interinstitutional negotiations on combined transport will start in January
TRANSPORT: Number of air passengers in EU exceeded one billion in 2017