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Image header Agence Europe
Europe Daily Bulletin No. 12489
Contents Publication in full By article 18 / 30
ECONOMY - FINANCE - BUSINESS / Banks

European Parliament starts work on temporary relief of prudential requirements for banks

Members of the European Parliament's Committee on Economic and Monetary Affairs (ECON) began work on Monday 18 May on the proposal for a regulation that would temporarily and specifically lift certain requirements in the prudential banking regulations to facilitate the granting of loans during the Covid-19 crisis (see EUROPE B12476A8).

According to European Parliament rapporteur Jonás Fernández (S&D, Spain), these are "welcome proposals", but they need to strike a balance between...

Contents

EU RESPONSE TO COVID-19
ECONOMY: Berlin and Paris call for a post-Covid-19 European Recovery Fund allowing €500 billion in budget transfers
HEALTH: EMA recommends modelling needs to avoid a vaccine war
HEALTH: EU calls for an investigation into management of Covid-19 epidemic
EDUCATION: schools are gradually reopening across EU without too many difficulties, say EU ministers
INTERNAL MARKET: Mr Breton sees possibility of partial relocation of certain health-related production to EU
ENERGY: post-Covid-19 recovery plan could include a “European Renovation Financing Facility”, according to Commission
STATE AID: differences in state aid distort single market, worries Margrethe Vestager
TRANSPORT: publication of additional EASA guidelines on air passenger safety imminent
CITIZENSHIP: Covid-19, only 10,000 Europeans remain to be repatriated with EU aid
SECTORAL POLICIES
FOOD: twenty-seven initiatives to be advocated by Commission on 20 May as part of ‘Farm to Fork’ strategy
COHESION: third pillar of European Just Transition Mechanism becomes clearer
TRANSPORT: European Parliament committee will vote on more than 80 amendments to ‘mobility package I’ at beginning of June
HOME AFFAIRS: MEPs prepare to criticise Member States for lack of coordination in Schengen
MIGRATION: Pact on Asylum and Migration will not be presented “before early summer”, says Ylva Johansson
FISHERIES: European Parliament Committee on Fisheries regrets lack of progress in EU/UK negotiations
ENVIRONMENT/CLIMATE: 'farm to fork' strategy and 'biodiversity 2030', NGOs set out conditions for their effectiveness
HEALTH: vaccines against Covid-19, pharmaceutical industry rejects idea of a public licence
ECONOMY - FINANCE - BUSINESS
BANKS: European Parliament starts work on temporary relief of prudential requirements for banks
ECOFIN: anti-Covid-19 economic measures, tackling money laundering and 'European Semester' on EU ministers’ agenda
EXTERNAL ACTION
SUDAN: EU co-organising international conference in Brussels on 25 June to support Sudan's political transition
TURKEY: EU denounces new suspensions of mayors
AFGHANISTAN: EU and NATO welcome power-sharing agreement
TRADE: trade in metallurgical products, Commission is equipping itself with a more effective surveillance system
NEWS BRIEFS
ALBANIA: demolition of national theatre, EU regrets lack of dialogue
FINANCE: six Member States lift their bans on short selling
HUNGARY: Hungarian Parliament will vote on 26 May to lift emergency measures related to pandemic
DIGITAL: United States returns to offensive against Huawei
TOURISM: Five Star Movement MEPs call for rejection of ‘tourism corridors’ between Member States
Op-Ed
Op-ED: Relaunching the EU as a climate democracy based on a climate social security system, Suzana Carp, Head of EU Engagement, Sandbag
Kiosk
Kiosk: No. 015