login
login
Image header Agence Europe
Europe Daily Bulletin No. 12483
Contents Publication in full By article 24 / 32
NEWS BRIEFS / State aid

Green light for €40 million rescue aid to Croatian engineering company

08/05/2020 (Agence Europe) – The European Commission approved, on Friday 8 May, under EU State Aid rules, Croatia's decision to grant mechanical engineering company Ðuro Ðaković a State guarantee for a €40.31 million loan. This will allow the company to meet urgent liquidity needs and to continue its activities without unduly distorting competition in the Single Market. The financial difficulties of Ðuro Ðaković pre-date the Covid-19 pandemic. On 20 March 2020, Croatia had notified the Commission of its decision to grant such a State guarantee on a loan. The State guarantee will help the company to obtain the funds necessary to cover its liquidity needs for the next six months. More details: https://bit.ly/2LaiaNJ (LC)

Contents

EU RESPONSE TO COVID-19
EMU: Eurogroup finalises modalities for activating European Stability Mechanism credit line
ECONOMY: France contributes to EU's post-pandemic recovery plan
STATE AID: Covid-19, Dutch support of 650 million euros for floriculture and potatoes gets green light
HOME AFFAIRS: Commission proposes to further extend closure of EU’s external borders until 15 June
TOURISM: Commission’s proposals for a coordinated takeover of tourism and transport services and a return to free movement in EU become clearer
TRANSPORT: Council of EU ready to negotiate urgent measures to relieve sector with European Parliament
TAXATION: Commission proposes postponement of several tax measures due to Covid-19 pandemic
COMPANIES: launch of adoption procedure for extending time limits for ‘European companies’ to hold general meetings
CIVIL PROTECTION: Covid-19, Central African Republic first beneficiary of EU humanitarian airlift
SECTORAL POLICIES
BIODIVERSITY: Commission boosts the ambition of its draft 'Biodiversity 2030' strategy for post-Covid-19 green recovery
CLIMATE: ambitious proposals by Jytte Guteland, Parliament’s rapporteur on ‘climate law’
INDUSTRY: For Mr Timmermans, construction sector and automotive industry are priorities
COHESION: European Parliament's Committee on Regional Development will have sole responsibility for Just Transition Fund
AGRICULTURE: Commission launches public consultation on agricultural promotion policy
ECONOMY - FINANCE
ECB: Eurogroup recalls independence of monetary institute, Court of Justice as legal order of EU
INSTITUTIONAL
POLAND: Warsaw to agree to abide by ruling ordering it to suspend disciplinary regime against judges
EXTERNAL ACTION
UNITED STATES: repeal of US support measure for Boeing does not mean end of dispute, says EU
UNITED KINGDOM: European Parliament refuses to allow London to continue to have access to DNA and fingerprint data of suspects and convicts in EU
CHINA: EU ambassador justifies publication of censored editorial
IRAQ: EU and NATO welcome formation of new government
ETHIOPIA: EU calls on all parties to engage in an inclusive dialogue at federal and regional level before general elections
RUSSIA: nine Member States and United States denounce Russian efforts to “falsify history”
WTO: growth of e-commerce during pandemic reminds us of need for rules to govern it
NEWS BRIEFS
STATE AID: green light for €40 million rescue aid to Croatian engineering company
STATE AID: Commission approves prolongation of Irish scheme for restructuring credit unions
CANADA: Luxembourg validates CETA economic and trade agreement with Canada
LIBYA: EU condemns attacks against civilians close to Italian Embassy
PACIFIC: accession of Solomon Islands to EU-Pacific Agreement
CSDP: EU rejects Sarraj’s accusations on Operation Irini
CORRIGENDUM
SOCIAL: clarification on article concerning request for reclassification of Covid-19 risk
CALENDAR
Main activities of European Institutions: from 11/05 to 17/05/2020
CALENDAR EXTRA
Other Events: until 17 May 2020