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Europe Daily Bulletin No. 12496

30 May 2020
Contents Publication in full By article 8 / 35
EU RESPONSE TO COVID-19 / Economy
Commission proposes to redirect InvestEU programme to stimulate investment in strategic sectors
Brussels, 29/05/2020 (Agence Europe)

By suggesting changes to the InvestEU programme, the successor to the ‘Juncker’ post-2020 investment plan, the European Commission wants to encourage private investment in companies active in strategic sectors of activity for the European Union and which, weakened by the Covid-19 pandemic, could attract predatory investors from non-Member States.

Having already been the subject of an Interinstitutional Agreement (see EUROPE B12239A13), the programme integrates fourteen existing financial...

Contents

PENTECOST: please note that our offices will be closed for the Belgian public holiday on Monday 1 June. EUROPE 12497 will be dated 3 June 2020.
EXTERNAL ACTION
CHINA: EU is seriously concerned about Chinese adoption of Hong Kong Security Law
AFGHANISTAN: EU Council calls for immediate peace negotiations
HUMAN RIGHTS: prosecutor Fatou Bensouda calls for EU support
WTO: choice of new Director General could be a key factor in driving European trade agenda
EU RESPONSE TO COVID-19
RESEARCH: ministers reaffirm importance of coordination in research and innovation to overcome crisis and ensure recovery
SPACE: spatial ecosystem must be supported within framework of European recovery plan, Mr Breton stresses
ECONOMY: Commission proposes to redirect InvestEU programme to stimulate investment in strategic sectors
ECONOMY: new EU instrument to support corporate solvency will target an investment level of €300 billion
STATE AID: green light for several national support schemes in response to Covid-19 pandemic
DEVELOPMENT: MEPs and Mike Ryan from WHO join forces to limit impact of pandemic on most vulnerable countries
CLIMATE: “Green Deal is at the heart of our recovery plans”, says Kadri Simson
ECONOMY - FINANCE - BUSINESS
TAXATION: EU Council to be ready soon to adopt its position on extension of deadlines for exchange of information due to Covid-19
BANKS: Commission is trying to coordinate industry's actions to better face crisis
SECTORAL POLICIES
ENERGY: EU hydrogen strategy takes shape
AGRICULTURE: French MEPs from Renew Europe group call for new measures from Commission
CLIMATE: confirmed 2.1% decrease in EU emissions in 2018 is mainly due to energy sector, according to EEA
TRANSPORT: new Rail Freight Forward Initiative coalition defines its priorities and lines of work
COHESION: regions are satisfied with Commission's announcements on recovery plan and next European budget
SOCIAL AFFAIRS
SOCIAL: European Parliament to adopt resolution to provide better protection for seasonal workers
COUNCIL OF EUROPE
MALTA: Parliamentary Assembly of the Council of Europe calls for cross-border teams to investigate high-level political corruption cases
NEWS BRIEFS
TRADE: sharper decline in international trade in France and Italy, according to OECD
TRADE: more than 1,300 bilateral investment treaties still active
ECONOMY: euro area inflation is 0.1% in May
ENERGY: IEA predicts 20% drop in energy investments in 2020 due to Covid-19
EU2020DE: launch of German EU Council Presidency website
MIGRATION: Frontex has recruited 265 officers to form part of permanent corps responsible for guarding EU's external borders
IMPROVED REGULATION: ETUI publishes critical report on ‘One in, one out’ principle
CSDP: EU Council appoints two Force Commanders for Operation Irini
SERBIA: EU and Serbia sign new €70.2 million pre-accession assistance package
SOCIAL: trade unions concerned about lack of a workplace safety plan in European Commission work programme
TRANSPORT: Croatian Presidency of EU Council wants to conclude negotiations on rail passenger rights before end of its mandate
CORRIGENDUM
COHESION: clarification of REACT-EU article
CALENDAR
Main activities of European Institutions: from 01 to 07/06/2020
CALENDAR EXTRA
Other Events: until 7 June 2020