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Europe Daily Bulletin No. 12389

13 December 2019
Contents Publication in full By article 21 / 35
ECONOMY - FINANCE - BUSINESS / Taxation
‘FATCA' law, Finnish EU Council Presidency asks United States to find a solution for “accidental Americans”
Brussels, 12/12/2019 (Agence Europe)

In a letter sent on 3 December and made public on Wednesday 11 December, the Finnish Presidency of the EU Council asked Steven Mnuchin, the US Treasury Secretary, to find a solution to the tax and banking problems faced by “accidental Americans” as a result of the US Foreign Tax Compliance Act (FATCA).

The letter, written by the President of the EU Council’s high-level working group on tax issues, warns in particular of the risk of massive closure of bank accounts on 1 January 2020...

Contents

EUROPEAN COUNCIL
CLIMATE: An agreement among Twenty-Eight on EU’s climate neutrality by 2050 that does not commit Poland
BUDGET: EU leaders “take next step” in 2021-2027 budget negotiations
FOREIGN AFFAIRS: European Council welcomes announcement of organisation of a donors’ conference in Tirana in mid-January
UNITED KINGDOM: if confirmed, Conservatives’ broad electoral victory would pave way for Brexit
INSTITUTIONAL
BUDGET: five Member States call for inclusion of social convergence through cohesion policy
MALTA: European Parliament expects European leaders to adopt a position on rule of law
SECTORAL POLICIES
TRANSPORT: provisional European Parliament/EU Council agreement on social and market aspects of ‘mobility I’ package
INDUSTRY: Dieselgate, Member States want to maintain control of conformity factor for measuring real driving emissions
FISHERIES: EU ministers expect difficult discussions on cod and sea bass
FISHERIES: Panama receives a yellow card for its lax approach in combating illegal fishing
FISHERIES: EU and Faroe Islands agree on fishing arrangements for 2020
AGRICULTURE: EU Council will discuss post-2020 Common Agricultural Policy (CAP) again, on Monday 16 December
AGRICULTURE: 95% of programme providing €1 billion in loans for young farmers already committed
ENVIRONMENT: fitness check of ‘water’ directives calls for an acceleration of implementation efforts
EXTERNAL ACTION
TRADE: EU is giving itself means to better defend its commercial interests
FOREIGN AFFAIRS: European Court of Auditors concerned that EU budget support to partner countries is not always based on reliable data
UNITED STATES: fight against terrorism, first common transatlantic priority
ECONOMY - FINANCE - BUSINESS
ECB: strategic review of monetary policy will last throughout 2020
FINANCE: MEPs unanimously reject Adam Farkas' 'revolving doors' case
FINANCE: European Parliament/EU Council negotiations on crowdfunding regulation are unresolved
TAXATION: ‘FATCA' law, Finnish EU Council Presidency asks United States to find a solution for “accidental Americans”
COURT OF JUSTICE OF THE EU
COMPETITION: CJEU specifies nature of persons able to request compensation for loss caused by a cartel
JHA: French, Swedish and Belgian public prosecutors’ offices meet requirements for issuing a European arrest warrant, according to Court
SOCIAL: supplementary pensions cannot be different according to gender, says Court of Justice of EU
SOCIAL - EDUCATION - CULTURE
EDUCATION/CULTURE: MEP Sabine Verheyen worried about turn of negotiations with the EU Council on three programmes
SOCIAL: ESF+, European Parliament and EU Council have a first round table before starting negotiations
NEWS BRIEFS
BUDGET: Cohesion Alliance warns against any budget cuts in cohesion policy
COMPETITION: Commission refers assessment of Triton's acquisition of Corendon to Belgium and Netherlands
ENERGY: United States passes sanctions against companies collaborating on Nord Stream 2 gas pipeline
JHA: Ylva Johansson invited to clarify her position on data retention legislation
JUSTICE: Europe's notaries ask Commission to take action on protection of vulnerable adults
INTERNAL MARKET: European Parliament cancels negotiation meeting on Single Market Programme
MIGRATION: irregular arrivals of migrants falling in November, according to European agency Frontex
CSDP: Christoph Buik appointed head of EU Advisory Mission in Iraq
ERRATUM
ENVIRONMENT/CLIMATE: GUE/NGL presents a counter-proposal to Ursula von der Leyen’s Green Deal