login
login

Europe Daily Bulletin No. 12358

29 October 2019
Contents Publication in full By article 7 / 27
ECONOMY - FINANCE - BUSINESS / Greece
Athens will not be forced to repay its loans to European rescue funds any sooner
Brussels, 28/10/2019 (Agence Europe)

On Monday 28 October, the euro area’s temporary (EFSF) and permanent (ESM) rescue funds officially waived their right to early repayment by Greece, which will prepay €2.7 billion in loans to the International Monetary Fund (IMF) (see EUROPE B12327A2).

The assistance from the EFSF and ESM funds in Athens provides that an amount proportional to the total financial assistance granted shall be repaid to the European Rescue Funds when Greece anticipates a repayment to the IMF. If this...

Contents

INSTITUTIONAL
UNITED KINGDOM: Twenty-Seven extend Brexit deadlines a third time, this time until 31 January 2020
EUROPEAN COMMISSION: links between Thierry Breton’s Atos company and Copernicus programme questioned
BUDGET: Germany's contribution to EU budget is likely to double by 2027, if discounts are abolished
ECONOMY - FINANCE - BUSINESS
TAXATION: MEP Lidia Pereira calls for greater digitisation of VAT collection
MONEY LAUNDERING: Council conclusions on strategic priorities in fight against money laundering are taking shape
ECB: sharing budgetary risks is essential, even if it cannot be without the risk of moral hazard, says Draghi
GREECE: Athens will not be forced to repay its loans to European rescue funds any sooner
SECTORAL POLICIES
ENERGY: held back by Russia, negotiations on Russian gas transiting through Ukraine are stalled
ENERGY: Europe will be powerhouse behind strong growth of offshore wind power in next twenty years, predicts IEA
TRANSPORT: 'mobility I' package, Member States approve Finnish negotiating mandate for negotiations with European Parliament
JUSTICE: discussion in EU Council on selection procedure for next European Data Protection Supervisor
DIGITAL: Commission is doing its best to monitor Network Security Directive
FISHERIES: coastal states reach agreement on mackerel and blue whiting quotas for 2020
FOOD SAFETY: Cypriot control system for fisheries products criticised by EU
CLIMATE: Iceland and Norway ready to align with EU legislation applicable to non-ETS sectors
CLIMATE:  Green Climate Fund, NGOs request generous contributions from European countries that have not yet promised anything
CIRCULAR ECONOMY: EU must invest to deploy full potential of recycling millions of tonnes of waste annually
SOCIAL AFFAIRS
SOCIAL: EU General Court recognises Commission's right not to make social partner agreements binding at European level
SOCIAL:  European Patent Office is looking for a way to finance pension benefits in long term
NEWS BRIEFS
BELGIUM: Sophie Wilmès at head of Belgian government in current affairs
BELARUS: EU reiterates its call for a moratorium on death penalty in Belarus
DEVELOPMENT:  EU commits €53 million in support for health and food security in Zimbabwe
INTERNAL MARKET: European Commission presents its annual work programme on European standardisation for 2020
MIGRATION: new call for solidarity in welcoming migrants after further rescues at sea
SOCIAL: Coordination of social security systems, Finnish Presidency of Council intends to request a new negotiating mandate on 6 November
TRANSPORT: Berlin's proposal to increase tax on airline tickets worries Airlines for America
Kiosk
KIOSK: No. 002