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Europe Daily Bulletin No. 12157

12 December 2018
Contents Publication in full By article 28 / 38
COURT OF JUSTICE OF THE EU / Ecb
quantitative easing does not infringe EU law, confirms Court
Brussels, 11/12/2018 (Agence Europe)

The European Central Bank's (ECB) massive public sector asset purchase programme or quantitative easing does not infringe EU law, the EU Court of Justice ruled in a judgment delivered on Tuesday 11 December (Case C-493/17). 

Several groups of individuals had brought actions before the German Constitutional Court concerning the launch by the ECB, in March 2015 (see EUROPE 11236), of the ‘quantitative easing' in order to address the risk of deflation in the euro area. They consider that...

Contents

INSTITUTIONAL
UNITED KINGDOM: Twenty-Seven agree to clarify agreement on an ordered Brexit, but refuse to renegotiate it
POLAND: a third hearing on rule of law focusing on implementation of Court of Justice's order
BUDGET: Günther Oettinger criticises Council's inaction on 2021-2027 budget
BUDGET: EU Council endorses agreement on 2019 EU budget before its formal adoption in European Parliament
SECTORAL POLICIES
DIGITAL: provisional inter-institutional agreement on cybersecurity
DIGITAL: copyright, interinstitutional agreement expected on 13 December for two pieces of legislation
CLIMATE: CO2 from cars and vans after 2021, Romanian Presidency of Council will take over the torch
CUSTOMS: European Parliament/Council Agreement on framework for import of cultural goods into EU
JHA: Civil Liberties Committee of European Parliament tightens conditions for acquisition of chemicals allowing creation of explosives
JUSTICE: MEPs want to triple financial envelope of 'Rights and Values' programme for 2021-2027
JUSTICE: European Parliament/Council agreement on inclusion of dual nationals in the ECRIS-TCN system
FISHERIES: implementation of Common Fisheries Policy is insufficient, according to the WWF
EUROPEAN PARLIAMENT PLENARY
EMU: MEPs disappointed with results of Eurogroup's work
FOOD SAFETY: European Parliament supports reform of EU food law to increase transparency of EFSA's risk assessments
ENVIRONMENT/CLIMATE: European Parliament votes in favour of doubling the ‘LIFE Environment and Climate’ budget in the post-2020 EU budget
DEFENCE: MEPs call for more fluid military mobility
JHA: European Parliament finally adopts its position on humanitarian visas
TAXATION: European Parliament gives green light to generalised reverse charge mechanism for VAT
SOCIAL: coordination of social security systems, European Parliament maintains Mr Balas' negotiating mandate
SOCIAL: European Parliament ready to begin interinstitutional negotiations on European Labour Authority
SOCIAL: protection from carcinogens and mutagens, European Parliament approves Interinstitutional Agreement
SOCIAL: MEPs adopt inter-institutional agreements on Cedefop, Eurofound and EU-OSHA agencies
JHA: European Parliament reiterates its call for integration of Bulgaria and Romania into Schengen area
INDUSTRY: Brexit, adoption of Inter-institutional Agreement on amendment of rules on approval and market surveillance of cars
ECONOMY - FINANCE - BUSINESS
PAYMENTS: European Parliament/Council agreement in sight on alignment of costs of cross-border payments in euros in EU
FINANCE: MEPs support creation of new 'green' benchmarks aligned with Paris Agreement
TAXATION: Commission presents new measures to facilitate VAT obligations for e-commerce
COURT OF JUSTICE OF THE EU
ECB: quantitative easing does not infringe EU law, confirms Court
EXTERNAL ACTION
TRADE: green light from MEPs to three European Parliament/Council agreements, including screening in EU of investments from third countries
ARMENIA: EU welcomes successful conduct of early elections
SOCIAL AFFAIRS
SOCIAL: Ana Carla Pereira discusses sources of unravelling Council recommendations on social security access
NEWS BRIEFS
TRADE: Colombian anti-dumping measures on frozen french fries, MEPs ask Commission to justify its trade defence policy
FRANCE: impact of measures announced by Mr Macron on French budget will be monitored “closely” by Commission
JUSTICE: European Parliament/Council directive on combating fraud in non-cash means of payment
FISHERIES: Council adopts quotas at zero or reduced duties for certain imported fishery products
CSDP: Italian Government in favour of extending EUNAVFOR Med Sophia operation three more months
SWITZERLAND: Commission is prepared to grant Swiss stock exchange a limited six-month equivalence
EUROPE/Documents
Document No. 2602: CYPRUS: an island still divided, but which has been able to recover from the economic crisis