login
login
Image header Agence Europe
Europe Daily Bulletin No. 12279
Contents Publication in full By article 12 / 24
ECONOMY - FINANCE - BUSINESS / Finance

France asks G7 to consider guarantees that stable cryptocurrencies offer

As part of its G7 presidency, France has requested the establishment of a working group on stablecoins. The announcement was made on Tuesday, June 18, by the French Finance Minister, Bruno Le Maire on the radio station Europe 1, in reaction to Facebook's Libra cryptocurrency (see EUROPE B12277A24).

"That Facebook creates a transaction tool, why not? On the other hand, however, there can be no question of it becoming a sovereign currency", the minister reacted.

"We will ask for guarantees...

Contents

EUROPEAN COUNCIL
FUTURE OF EU: European leaders will try to agree on senior European positions on 30 June
CLIMATE: EU leaders fail to set 2050 as date for EU climate neutrality
FOREIGN AFFAIRS: leaders support possibility of taking measures on illegal Turkish drilling
BUDGET: Twenty-Eight hope for an agreement before end of 2019 on EU budget after 2020
INSTITUTIONAL
EPP: Christian Democrats note that without their votes, nothing can be done in European Parliament to elect President of the Commission
ALDE: Ms Vestager still a candidate for position of President of the Commission
TRANSPARENCY: European Ombudsman recommends more transparency on meetings between lobbyists and Mr Tusk's cabinet
SECTORAL POLICIES
DIGITAL: Council's legal opinion supports idea of co-financing regarding Competence Centres
ENERGY: Baltic States take a new step towards synchronising their electricity networks with those of European continent
COHESION: European Court of Auditors expresses concerns about 2025 mid-term review
ECONOMY - FINANCE - BUSINESS
ITALY: Rome intends to provide information to its partners to avoid opening an excessive deficit procedure
FINANCE: France asks G7 to consider guarantees that stable cryptocurrencies offer
COURT OF JUSTICE OF THE EU
POLAND: Polish law lowering retirement age of judges infringes EU law, says Advocate General
SOCIAL: Court specifies rights to additional remuneration for grade for professors who are contract agents under public law
AUTOMOBILE INSURANCE: parking in a private car park is covered by concept of 'vehicle traffic', confirms Court
EXTERNAL ACTION
CHINA: European Commission believes EU-China talks on investment agreement progressing more rapidly
MERCOSUR: about 60 MEPs demand an “intensive” consultation of European Parliament on trade agreement
MOLDOVA: new government wants to reopen dialogue with EU
SOUTH SUDAN: EU is mobilising €48.5 million in humanitarian aid for most vulnerable populations
NEWS BRIEFS
COMMISSION: Valdis Dombrovskis officially resigns his seat in European Parliament
CRIMEA: EU Council extends sanctions related to illegal annexation for one year
DEVELOPMENT: journalist Glenda Girón Castro wins Lorenzo Natali Grand Prize
INDIA: Commission reopens investigation into imports of Indian ductile cast iron pipes and tubes
JUSTICE: first meeting of Commission's Working Group on Antisemitism