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Image header Agence Europe
Europe Daily Bulletin No. 12299
Contents Publication in full By article 11 / 31
ECONOMY - FINANCE - BUSINESS / Finance

G7 blocks Facebook's Libra currency project

Facebook's plans to launch its own virtual currency, Libra, are finally looking more complicated than expected (see EUROPE B12277A24). On Thursday 18 July, G7 finance ministers and central bank governors expressed their willingness to take action to oversee this type of monetary project.

While the final declaration still had to be fine-tuned, one French source had already expressed a “broad consensus on the need to act quickly” (see EUROPE B12298A8) on Wednesday evening.

The...

Contents

SECTORAL POLICIES
MIGRATION: slight progress in Helsinki on creation of a stable mechanism for temporary disembarkation of migrants
BIODIVERSITY: pesticides and bees, experts from Twenty-Eight approved modification of uniform principles for risk assessment
AGRICULTURE: €32 million for Italian poultry producers after outbreaks of avian influenza
AGRICULTURE: Japanese market is opening up even more to EU beef
COMPANIES: European employers make numerous recommendations to future European Commission president
INSTITUTIONAL
BUDGET: Finland's EU Council Presidency is accelerating work towards agreement in late 2019 on EU budget after 2020
RULE OF LAW: Finnish Presidency and Commission reiterate their commitment with different tones
PARLIAMENT: European Parliament's Employment and Social Affairs Committee elects Lucia Nicholsonová as its new head
GUE/NGL: Manon Aubry and Martin Schirdewan to co-chair radical left group in the European Parliament
ECONOMY - FINANCE - BUSINESS
TAXATION: at G7, France welcomes “ambitious agreement” on digital taxation
FINANCE: G7 blocks Facebook's Libra currency project
FINANCE: France invites G7 countries to commit to financial inclusion of women in Africa
IMF: a consensus on a European candidate to take over IMF expected at end of July
EIB: decision to increase Poland's and Romania's shares of subscribed capital
COMPETITION: €242 million fine imposed on Qualcomm for abuse of a dominant position in chipsets market
COMPETITION: conditional green light for acquisition of Liberty Goal's cable business in several EU countries by Vodafone
EXTERNAL ACTION
CANADA: in Montreal, EU and Canada confirm axes of a deep and multifaceted relationship
LIBYA: we must go beyond migration challenge, says GNA adviser to EU
EUROPEAN PARLIAMENT PLENARY
UNITED STATES: Washington must review its migration policies and practices, say MEPs
HONG KONG: European Parliament calls for export controls on technologies used to violate fundamental rights
MIGRATION: new cooperation plan between EASO and Frontex
RUSSIA: Parliament urges Russia to release Ukrainian political prisoners and environmental activists
VENEZUELA: European Parliament calls for additional targeted sanctions against ‘Maduro’ regime
ENVIRONMENT: improving air quality in urban areas is a priority for both Finnish Presidency and MEPs
PARLIAMENT: EU's interparliamentary delegations with organisations, regions and non-Member States have been formed
NEWS BRIEFS
EUROPEAN COMMISSION: Margaritis Schinas and Janez Lenarčič are candidates for election as commissioners
EUROPEAN COMMISSION: according to Matteo Salvini, 'von der Leyen' European Commission was stillborn
EUROPEAN COMMISSION: appointment of Martin Selmayr's successor on agenda of next College
SPACE: European Galileo navigation system is once again functioning properly, according to GSA
MEDIA: commission mobilises 4.2 million euros to support press
CSDP: Armando Paolo Simi, new EU Force Commander of Operation Atalanta