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Europe Daily Bulletin No. 12215

16 March 2019
Contents Publication in full By article 26 / 33
COURT OF JUSTICE OF THE EU / Banks
2014 Hungarian legislation on bank loans denominated in foreign currency infringes EU law, says EU Court
Brussels, 15/03/2019 (Agence Europe)

Hungarian legislation excluding the retroactive cancellation of a loan contract which includes an unfair term relating to the exchange rate risk is contrary to European Union law, the EU Court of Justice ruled in a judgment delivered on Thursday, 14 March (Case C-118/17). 

Ms Dunai had concluded a loan agreement with ERSTE Bank Hungary, a bank incorporated under Hungarian law, denominated in Swiss francs. The loan was to be paid in Hungarian forints, the exchange rate being that of the day...

Contents

SOCIAL AFFAIRS
SOCIAL: partial political agreement in Council of the EU on European Globalisation Adjustment Fund after 2020
SOCIAL: member States are divided on continuation of negotiations on coordination of social security systems
EXTERNAL ACTION
FOREIGN AFFAIRS: China to be honoured at ministerial meeting on Monday 18 March
TURKEY: EU and Turkish representatives on Association Council stand by their positions
UKRAINE: EU sanctions eight senior officials and military personnel responsible for escalation of tensions in Azov Sea
MERCOSUR: a 'pessimistic and hermetic' round of negotiations confirms deadlock in talks with EU
ACP: challenges of rule of law, environmental crimes, future partnership on agenda of ACP-EU Joint Parliamentary Assembly
SEAS: European Commission draws up positive assessment of actions on ocean governance
UNITED STATES: agreement on EU import quota for American beef not treated with hormones
TRADE: Commission report confirms increase in foreign capital in strategic European sectors
SECTORAL POLICIES
INTERNAL MARKET: Twenty-eight expected to advocate for a more extensive single market capable of protecting itself from unfair competition from outside
CLIMATE: EU climate action, NGOs call on European Council to listen to European Parliament and citizens
JUSTICE: European Public Prosecutor's Office not in best position to fight terrorism, according to legal experts
JUSTICE: list of legal issues raised by electronic evidence regulation is growing in the European Parliament
JUSTICE: Member States support Interinstitutional Agreement on Whistleblowers Directive
AGRICULTURE: seven EU countries call for increase in maximum amount of coupled aid
AGRICULTURE: European Parliament committee invited to speed up work on post-2020 CAP
ANIMAL HEALTH: Commission does not wish to propose standards to improve animal welfare in aquaculture
ECONOMY - FINANCE - BUSINESS
ECONOMY: Romanian Presidency of EU Council finally has a full negotiating mandate with European Parliament on InvestEU programme
ECONOMY: annual inflation rate was 1.5% in euro area and 1.6% in EU in February
FINANCE: European Commission this time takes a positive view of work to establish Capital Markets Union
INSTITUTIONAL
BREXIT: given the current “serious situation”, Michel Barnier calls on EU regions and cities to prepare for a no-deal Brexit
FUTURE OF EU: a draft permanent system of citizen consultations is being studied at European level
DEMOCRACY: implementation of EU rapid alert system on disinformation
COUNCIL OF EUROPE
HUNGARY: Council of Europe denounces absence of balances in Hungarian laws on administrative courts
COURT OF JUSTICE OF THE EU
BANKS: 2014 Hungarian legislation on bank loans denominated in foreign currency infringes EU law, says EU Court
NEWS BRIEFS
HUNGARY: Viktor Orbán smoothes his language at Hungarian National Day
NEW ZEALAND: Jean-Claude Juncker sends his condolences to relatives of the victims of Christchurch attack
SOCIAL: Slovakia triggers hostilities over hosting of European Labour Authority
UKRAINE: agreement in principle on imports of Ukrainian poultry
The B-word: Agence Europe’s newsletter on Brexit
THE B-WORD: Third time lucky?
CALENDAR
Main activities of European Institutions: from 18/03 to 24/03/2019
Other events: until 31 March 2019