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Europe Daily Bulletin No. 12502

10 June 2020
Contents Publication in full By article 20 / 30
ECONOMY - FINANCE - BUSINESS / Economy
GDP in first quarter of 2020 falls by 3.6% in euro area and 3.2% in EU
Brussels, 09/06/2020 (Agence Europe)

Seasonally adjusted GDP fell by 3.6% in the euro area and by 3.2% in the European Union in the first quarter of 2020, compared to the fourth quarter of 2019, according to data released by the Statistical Office of the European Union (Eurostat) on Tuesday 9 June.

Despite a slightly upward revision of data with respect to initial estimates – a fall of 3.8% for the euro area and 33% for the EU – issued in mid-May (see EUROPE B12488A24), “these are the largest decreases since the start of...

Contents

SECTORAL POLICIES
TRANSPORT: European Parliament and EU Council conclude, at a distance, a provisional agreement on completion of TEN-T network
TRANSPORT: new provisions on variations in charges and reclassification of vehicles in fourth Croatian draft compromise on Eurovignette
TRANSPORT: parliamentary committee approval paves way for adoption of mobility package in plenary session
CLIMATE: CORSIA, EU takes a position in favour of 2019 as baseline period for calculating compensation requirements
ENVIRONMENT: MEPs say no to extension of authorisation of some 30 pesticides, some of which are officially toxic
BIODIVERSITY: industrial farming responsible for global insect decline, according to new Insect Atlas from European NGOs
CONSUMERS: Reynders confirms new consumer agenda in November for better consumer protection and involvement in recovery
JUSTICE: Administrative Director of Eurojust accused of fraud, maladministration and harassment by employees
MIGRATION: between rejection of compulsory relocation and calls for a search and rescue mechanism, different positions on future Pact on Migration and Asylum are multiplying
DIGITAL: Member States support European approach for future
ENERGY: strong growth of European geothermal energy market continues, says EGEC
EXTERNAL ACTION
WTO: EU27 reserve their decision to support their own candidate to lead organisation
TRADE: Phil Hogan outlines challenges at heart of European trade policy review
CHINA: High Representative calls for efforts on Global Agreement on Investment and 2025 Cooperation Agenda
BURUNDI: EU calls for a calm atmosphere to be maintained after announcement of final results of elections
ECONOMY - FINANCE - BUSINESS
EUROGROUP: Mário Centeno’s resignation paves way for new presidential race
MONEY LAUNDERING: Hungary requests that Commission review its updated list of high-risk third countries before 1 October
TAXATION: Paolo Gentiloni acknowledges agreement at OECD on international tax reform by end of 2020 “will not be easy”
TAXATION: European Parliament rapporteurs think a three-month postponement of VAT e-commerce package’s date of application is sufficient
ECONOMY: GDP in first quarter of 2020 falls by 3.6% in euro area and 3.2% in EU
EU RESPONSE TO COVID-19
AGRICULTURE: European Commission promises new crisis measures for wine sector “before summer”
BUDGET/ECONOMICS: Member States are forcing through proposals for 2021-2027 budget and EU recovery plan
BANKS: MEPs approve measures to ease prudential requirements in response to impact of Covid-19
COURT OF JUSTICE OF THE EU
COURT OF JUSTICE: Karlsruhe Court's ruling on ECB's Quantitative Easing worries President of EU General Court
NEWS BRIEFS
COMPANIES: Pierre Gattaz re-elected President of BusinessEurope
LIBYA: EU welcomes Egyptian initiative
CSDP: mandate of head of mission for EUAM Ukraine extended until the end of May 2021
SOCIAL: Eurofound publishes report on state of social dialogue in EU
TRANSPARENCY: resumption in mid-June of interinstitutional negotiations on European Transparency Register
CITIES: European Commission opens applications for 11th Access City Award