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Europe Daily Bulletin No. 12502

10 June 2020
Contents Publication in full By article 23 / 30
EU RESPONSE TO COVID-19 / Banks
MEPs approve measures to ease prudential requirements in response to impact of Covid-19

09/06/2020 (Agence Europe) – The European Parliament's Committee on Economic and Monetary Affairs approved by a large majority (41 votes in favour, 16 against, 2 abstentions), on Tuesday 9 June, the proposal for a ‘CRR quick fix’ regulation, easing or delaying, certain prudential banking requirements to stimulate lending to the economy crippled by the Covid-19 pandemic (see EUROPE B12501A1). “Everything was approved”, apart from the alternative amendments from the Greens/EFA group,...

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