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Image header Agence Europe
Europe Daily Bulletin No. 12293
Contents Publication in full By article 8 / 24
ECONOMY - FINANCE - BUSINESS / Economy

Commission slightly lowers its growth forecasts for 2020 in euro area due to external and internal uncertainties

In its Summer Interim Economic Forecast, presented on Wednesday 10 July, the European Commission expects the EU economy to continue to grow this year and the following one, but slightly lowers the outlook for the euro area in 2020 due to external and internal economic and political uncertainties.

“The European economy continues to resist a less favourable external environment”, said Pierre Moscovici, Commissioner for Economic and Financial Affairs, at a press conference, before noting...

Contents

BEACONS
BEACONS: How to become the President of the European Commission (2/3)
INSTITUTIONAL
EUROPEAN COMMISSION: Mrs von der Leyen is trying to secure a political majority in European Parliament to her person
PARLIAMENT: uncertainties following MEPs’ rejection of Beata Szydło's candidacy to head European Parliament's Employment and Social Affairs Committee
PARLIAMENT: MEPs apply cordon sanitaire against Identity and Democracy political group
PARLIAMENT: elections to offices of parliamentary committees prefigure future political balance of power
BUDGET: EU Member States expect payment appropriations to increase by 3.3% in 2020
EEAS: High Representative appoints 46 new EU Heads of Delegations
ECONOMY - FINANCE - BUSINESS
ECONOMY: Commission slightly lowers its growth forecasts for 2020 in euro area due to external and internal uncertainties
BANKS: European Court of Auditors points out shortcomings in latest EBA stress test
SECURITY - DEFENCE
SECURITY: Member States agree to creation of a working party on hybrid threats
EXTERNAL ACTION
TURKEY: Europeans are considering retaliatory measures that could be taken in response to illegal drilling
ARMENIA: Tusk and Pashinhyan stress importance of rule of law
SAHEL: EU and G5 Sahel will identify priority areas for focusing their security and development efforts
TRADE: Sabine Weyand shares her ideas on European trade policy
TRADE: Finnish Presidency of the EU Council to work towards 'An ambitious, open and rules-based trade policy'
SECTORAL POLICIES
FISHERIES: NGOs call on Commission to prosecute countries that do not protect dolphins sufficiently
JUSTICE: Marriott International faces a fine of over £99 million for violating GDPR regulation
NEWS BRIEFS
COUNCIL OF EUROPE: European Union as stakeholder in Group of States against Corruption
UNITED STATES: green light from Member States to amend EU-US Beef Memorandum of Understanding
TAXATION: France to tax airline tickets from 2020
JUSTICE: pimping and money laundering network dismantled with support of Eurojust
WTO: Member States validate mandate with a view to identifying interim solution to Appellate Body
FISHERIES: a Fishyleaks site to report fraudulent fisheries practices
UNITED KINGDOM: EU and London reaffirm their respective positions on 'Brexit'