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Europe Daily Bulletin No. 12223

28 March 2019
Contents Publication in full By article 20 / 40
ECONOMY - FINANCE - BUSINESS / Banks
Political agreement in EU Council on Directive to stimulate secondary markets for non-performing bank loans
Brussels, 27/03/2019 (Agence Europe)

Member States' ambassadors to the European Union (Coreper) adopted their negotiating position with the European Parliament on Wednesday 27 March on the proposal for a directive to stimulate secondary markets for ‘non-performing loans’ (NPLs). 

The legislative proposal introduces accreditation requirements (legal establishment in the EU, proof of probity...) which, when met, will allow companies acquiring NPLs to operate in the EU (see EUROPE B11981A13). These 'credit servicers’ will...

Contents

EUROPEAN PARLIAMENT PLENARY
TRANSPORT: ‘mobility’ package I marks a break in European Parliament
TRANSPORT: European Parliament adopts its position on combined transport at first reading
CLIMATE: European Parliament validates Interinstitutional Agreement on reduction of CO2 emissions from new cars and vans
ENVIRONMENT: European Parliament validates interinstitutional agreement on drastic limitation of disposable plastics polluting oceans
ENERGY: European Parliament is ready to negotiate with EU Council on strengthening tyre labelling
UNITED KINGDOM: MEPs are split between keeping United Kingdom in EU and making Brexit a reality
FOREIGN AFFAIRS: European Parliament adopts its position on single financial instrument for post-2020 neighbourhood/development
FOREIGN AFFAIRS: European Parliament calls for additional safeguards concerning actions financed by European Peace Facility
ENLARGEMENT: European Parliament adopts its position at first reading on making obtaining of IPA III funds conditional on compliance with Rule of law
EDUCATION: Parliament is about to adopt its position on future of Erasmus
COHESION: Structural and Investment Funds, European Parliament adopted its position at first reading on common provisions regulation 2021-2027
BUDGET: European Parliament calls for further measures to reform MEPs' general expenditure allowance
TAXATION: European Parliament confirms its position at first reading on country by country reporting regarding tax transparency
TAXATION: Parliament says 'yes' to overhaul of general arrangements for excise duty
FINANCE: MEPs adopt their position on Central Counterparty Resolution Framework at first reading
FINANCE: European Parliament adopts position on Regulation on crowdfunding at first reading
SOCIAL: European Parliament supports interinstitutional agreement on 3rd revision of Directive on ‘carcinogens and mutagens at work’
DIGITAL: clarification on holding of vote in European Parliament that approved copyright reform
SECURITY - DEFENCE
CSDP: EUNAVFORMed Sophia operation extended for 6 months, but without maritime assets
ECONOMY - FINANCE - BUSINESS
BANKS: political agreement in EU Council on Directive to stimulate secondary markets for non-performing bank loans
ECONOMY: Member States confirm interinstitutional agreement reached on post-2020 InvestEU programme
SOCIAL AFFAIRS
SOCIAL: Council of the EU postpones its vote on provisional agreement regarding coordination of social security systems
SECTORAL POLICIES
MIGRATION: new attempt on Thursday 28 March to successfully reform European Border and Coast Guard Agency
JUSTICE: no significant breakthrough in Parliament/Council of the EU negotiations on selection of Head of European Public Prosecutor's Office
DIGITAL: cybersecurity, European Parliament/EU Council meeting on expertise sharing to be cancelled
TRANSPORT: ministers wish to develop multimodal and clean transport by strengthening connections in Europe
AGRICULTURE: €250 million of EU funds for milk and fruit in schools in 2019/2020
EXTERNAL ACTION
CANADA: expected 30 April, Court of Justice's opinion on CETA could facilitate ratification of agreement in 16 Member States
INSTITUTIONAL
EP2019: European Spring launches its transnational list for European elections
COURT OF JUSTICE OF THE EU
CONSUMERS: right of withdrawal applies to goods purchased online from which protective film has been removed after delivery
NEWS BRIEFS
CITIZENSHIP: registration of European Citizens' Initiative to strengthen rights of 'uberised' workers
TRADE: Court dismisses appeals of Chinese solar panel producers
COUNCIL OF EUROPE: Marija Pejčinović Burić and Didier Reynders, last candidates in running for post of Secretary General
COMPANIES: Member States validate Interinstitutional Agreement on cross-border mobility of companies
RULE OF LAW: Manfred Weber asks Donald Tusk to organise a debate at European Council
MALTA: Valletta will implement Council of Europe's recommendations on separation of powers
GUATEMALA: EU criticises legislative reform that would grant amnesty to people responsible for serious human rights violations
TRANSPORT: Transport&Environment welcomes European Parliament's validation of interinstitutional agreement on aerodynamic cabins for trucks
TRANSPORT: inland ports welcome validation by MEPs of partial interinstitutional agreement on 2021-2027 CEF
VENEZUELA: EU increases humanitarian aid by €50 million