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Europe Daily Bulletin No. 12219

22 March 2019
Contents Publication in full By article 8 / 29
ECONOMY - FINANCE - BUSINESS / Banks
The banking sector is “reasonably well” prepared for Brexit, says Andrea Enria
Brussels, 21/03/2019 (Agence Europe)

Overall, we believe that banks, both those relocating to the euro area and those based in the euro area and operating in the United Kingdom, have prepared themselves “reasonably well” for Brexit, said the new Chairman of the ECB's Single Supervisory Mechanism, Andrea Enria, on Thursday 21 March. 

However, speaking to the European Parliament's Committee on Economic and Monetary Affairs, Mr Enria noted the “considerable uncertainty” surrounding the political process leading to...

Contents

EUROPEAN COUNCIL
UNITED KINGDOM: Twenty-Seven postpone the possible Brexit without agreement until 12 April
CHINA: subject of Sino-European relations postponed due to prolonged discussions on Brexit
INSTITUTIONAL
EP2019: European liberal family officially launches its campaign with presentation of its ’Europe’ team
EP2019: European Parliament’s Bureau will discuss on Monday 25 March future of Parliament's projections on seats of next hemicycle
HUNGARY: Commission is still concerned about situation of fundamental freedoms in Hungary
ECONOMY - FINANCE - BUSINESS
FINANCE: European Parliament and Council of the EU reach agreement on reform of European financial supervisory architecture
FINANCE: Commission wants to stimulate reflection on an international approach to sustainable finance
BANKS: the banking sector is “reasonably well” prepared for Brexit, says Andrea Enria
EUROZONE: Joseph Stiglitz and FEPS call for “rewriting the rules of the European economy”.
COMPETITION: conditional green light for Spirit's acquisition of Asco
SECTORAL POLICIES
TRANSPORT: European Parliament expected to vote on ‘mobility’ package I in plenary session on Wednesday, 27 March
MIGRATION: divergence persists between MEPs and Council on capacity of European Border and Coast Guard Agency to conduct return operations from third countries to third countries
DIGITAL: provisional agreement on copyright reform threatened in European Parliament by a series of amendments
DIGITAL: MEPs impatient with Council of the EU's indecision on regulation on privacy and electronic communications
ENVIRONMENT: European Parliament/EU Council 'common understanding' on post-2020 LIFE programme confirmed by MEPs and Member states
CLIMATE: experts invited to European Parliament for ‘brainstorming’ on how to combat climate change denial
ENERGY: ITER nuclear fusion project progressing according to schedule and budget
SOCIAL AFFAIRS
SOCIAL: Member States awaiting written version of Interinstitutional Agreement on coordination of social security systems
SOCIAL: social partners call on citizens to vote in European elections
SOCIAL: Commission considers that it has “done a lot” to promote corporate social responsibility
EXTERNAL ACTION
UKRAINE: a mini-summit to harmonise positions
COURT OF JUSTICE OF THE EU
ENVIRONMENT: Rome has failed to fulfil its obligations under Landfill Directive for 44 landfills
BANKS: support measures of Italian FITD bank deposit guarantee fund does not constitute State aid, according to Court
PUBLIC PROCUREMENT: according to the Court, EU rules do not apply to emergency patient transport services provided by NGOs
NEWS BRIEFS
BOSNIA-HERZEGOVINA: EU Council extends legal framework for sanctions containing blank list for a year
EGYPT: EU extends sanctions against Mubarak family and relatives by one year
FINANCE: ECB dissatisfied with outcome of European Parliament/Council of the EU agreement on supervision of central clearing houses
TAXATION: Partial European Parliament/Council of the EU agreement confirmed on ‘Fiscalis’ programme for 2021–2027
HEALTH: progress of EU work on Lyme disease