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Europe Daily Bulletin No. 12495

29 May 2020
Contents Publication in full By article 35 / 37
NEWS BRIEFS / Finance
European taxonomy on sustainable finance to be officially adopted soon

28/05/2020 (Agence Europe) – On Thursday 28 May, MEPs from the European Parliament Committees on Economic and Monetary Affairs (ECON) and the Environment (ENVI) took a step closer to adopting the regulation laying the foundation for the taxonomy for sustainable finance. By 96 votes to 29, with 7 abstentions, they adopted a recommendation proposing that, when it meets in plenary session, the European Parliament should confirm the Council of the EU's position as adopted at first reading in...

Contents

BEACONS
BEACONS: Ursula von der Leyen cuts the umbilical cord
EU RESPONSE TO COVID-19
CLIMATE: to benefit from EU aid, polluting companies will have to provide 'green transition plans', says Frans Timmermans
COHESION: European Commission details REACT-EU initiative
COHESION: amended proposals for post-2020 cohesion policy
COHESION: Just Transition Fund receives an additional €32.5 billion
COHESION: Commission presents third pillar of Just Transition Mechanism
HEALTH: Commission presents details of its EU4Health programme
HEALTH: telethon to accelerate vaccine production and universal deployment will continue in June
SPACE: EU ministers invited to exchange views on role of space sector in preparing for post-Covid recovery
RESEARCH: EU ministers invited to decide on role of research and innovation in post-Covid-19 EU
DEVELOPMENT: European Commission stands ready to assist in global recovery plan aligned with Sustainable Development Goals
ECONOMY: Recovery and Resilience Facility, Commission ensures that aid to Member States will not amount to a rescue plan
STATE AID: green light for three new Dutch, Finnish, and Danish schemes in response to Covid-19 pandemic
CULTURE: European Parliament committee disappointed by new 2021-2027 budget
EXTERNAL ACTION
FOREIGN AFFAIRS: EU-China relations on agenda of EU Council of Ministers
TRADE: Phil Hogan promises new strategy for EU trade policy before end of 2020
TRADE: enforcement regulation, Commission is open to widening sectors
SAHEL: Mr Borrell warns of seriousness of situation
SECTORAL POLICIES
TRANSPORT: MEPs call on Commission to take action to implement its recommendations on travel and tourism
RESEARCH: EU lagging behind 'in terms of innovation output', says European Commission report
CLIMATE: extent of increase in 2030 climate target divides MEPs
HEALTH: medicine shortages, convergence of views in committee
ECONOMY
TAXATION: to finance crisis, digital taxation is on everyone’s lips
COMPANIES: Responsible Business Conduct Working Group of European Parliament details its vision for future legislation on due diligence
INSTITUTIONAL
EU2020DE: Angela Merkel emphasises “strategic importance” of dialogue with China during Germany's EU Council Presidency
RULE OF LAW: in addition to an economic recovery plan, the S&D Group in European Parliament advocates a plan for democracy and fundamental rights
COUNCIL OF EUROPE
RULE OF LAW: cooperation with European Union must be strengthened, stresses President of Council of Europe’s anti-torture committee
DEMOCRACY: hearing on role of parliaments and holding elections in emergency situations for report to Council of Europe
COURT OF JUSTICE OF THE EU
SOCIAL: Advocate General calls on Court to dismiss actions for annulment brought by Budapest and Warsaw against Directive strengthening posted workers’ rights
COMPETITION: EU General Court wrongly dismisses Commission's rejection of Hutchison 3G UK's takeover of Telefónica UK
EURO AREA: Courts do not have jurisdiction to hear actions brought against Euro Group, says Advocate General
NEWS BRIEFS
CLIMATE: COP26 will be held in November 2021, a year later than originally planned
TRADE: Phil Hogan announces “stronger” safeguard measures for steel
UNITED STATES: Mr Borrell regrets decision to lift derogations on Iran’s civilian nuclear projects
FINANCE: European taxonomy on sustainable finance to be officially adopted soon
INDIA: Covid-19 makes strategic partnership with EU even more relevant
SYRIA: EU extends its sanctions for one year