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Europe Daily Bulletin No. 12162

19 December 2018
Contents Publication in full By article 11 / 26
ECONOMY - FINANCE - BUSINESS / Banks
European Parliament/Council agreement on minimum coverage of losses inherent in future stock of non-performing loans
Brussels, 18/12/2018 (Agence Europe)

Representatives of the European Parliament and the Austrian Presidency of the Council of the European Union on Tuesday 18 December marked an interinstitutional agreement on the proposal for a regulation introducing common minimum coverage thresholds applied to banks with non-performing loans (NPLs) on their balance sheets (see EUROPE 12154). 

As the Council wanted, these rules will be applicable after the entry into force of the future regulation, whereas the European Commission...

Contents

SECTORAL POLICIES
CLIMATE: CO2 from cars, European Parliament and Council negotiators agree on a 37.5% reduction in emissions by 2030
ENVIRONMENT: search for a political agreement on reducing CO2 emissions from heavy vehicles will dominate Council meeting on 20 December
FISHERIES: EU ministers seek solutions on by-catch
AGRICULTURE: ministers reviewed measures taken after fipronil-contaminated egg scandal
JUSTICE: interinstitutional agreement on Insolvency Directive, which is about to be approved by Council
JUSTICE: ‘whistleblowers’ Directive, negotiations in Council will continue in 2019
JHA: Member States invited to validate an important part of reform on interoperability of information systems
INDUSTRY: 18 Member States call on next Commission to adopt an ambitious post-2020 industrial strategy
INDUSTRY: Paris and Berlin will identify credible consortia for sustainable battery production in EU in early 2019
DIGITAL: High-Level Expert Group on Artificial Intelligence releases a first draft of ethics guidelines on AI
ECONOMY - FINANCE - BUSINESS
BANKS: European Parliament/Council agreement on minimum coverage of losses inherent in future stock of non-performing loans
FINANCE: agreement in view of Council on transparency requirements for sustainable investments
STATE AIDS: green light for €1.75 billion support for a first project of common European interest to four countries in microelectronics
EXTERNAL ACTION
AFRICA: Africa-Europe Forum in Vienna has laid foundations for a win-win partnership for investment and employment in the continent
SERBIA: Belgrade calls for regional stability
KOSOVO: Ramush Haradinaj denounces EU's policy towards his country
KOSOVO: Europeans ask Pristina that creation of army not have a negative impact on dialogue with Belgrade
TUNISIA: third meeting of European and Tunisian negotiators to move towards a free trade agreement
TRADE: for 37% of European exporters, rules of origin are a major constraint
INSTITUTIONAL
POLAND: Commission is satisfied with legislative changes in Warsaw after Court of Justice has confirmed merits of its action
BUDGET: financial support for NGOs must be more transparent, says European Court of Auditors
NEWS BRIEFS
STATE AIDS: green light for German measure to support very high-speed Internet
STATE AIDS: green light for a Greek reduction measure on a renewable surcharge for energy-intensive companies
STATE AIDS: green light for Italian measure supporting noise reduction in rail freight transport
BANKS: Member States will not validate ‘Risk Reduction’ legislative package by end of 2018
JUSTICE: European Parliament consulted again on recast of ‘Brussels II bis’ Regulation