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Image header Agence Europe
Europe Daily Bulletin No. 12512
Contents Publication in full By article 15 / 30
ECONOMY - FINANCE - BUSINESS / Finance

Luis Garicano and Sven Giegold call for comprehensive reform of EU audit rules in wake of Wirecard scandal

MEPs Luis Garicano (Renew Europe, Spain) and Sven Giegold (Greens/EFA, Germany) called on the EU to reform its auditing rules on Tuesday 23 June in the wake of the accounting scandal involving the German payment service provider Wirecard.

Indeed, the company admitted on Monday that a sum of 1.9 billion euros, recorded on the company's balance sheet in 2019 but which the auditors had been unable to certify, "most probably does not exist", thus reinforcing the suspicions of fraud that led to...

Contents

BEACONS
BEACONS: Biodiversity – a state of emergency! (1)
SECTORAL POLICIES
CONSUMERS: Parliament and EU Council reach political agreement on ‘European Collective Redress’ Directive
ENVIRONMENT: European Ministers convinced of potential of Green Deal initiatives for a green recovery, if they are sufficiently funded
AGRICULTURE: differences between Council of EU and European Parliament on internal convergence of aid before new CAP
MIGRATION: pending Pact on Asylum, European Parliament is preparing its message to Commission on malfunctioning of Dublin Regulation
HOME AFFAIRS: EU Council working on initial European list of non-Member States whose citizens can enter EU from 1 July
TERRORISM: 119 attacks classified as terrorist took place in EU in 2019, according to a Europol report
DIGITAL: Margrethe Vestager updates MEPs on current issues
TRANSPORT: EU Council invited to approve negotiating mandate with European Parliament on European Year of Rail
TRANSPORT: MEPs urge Commission to force Member States to respect their commitments on realisation of TEN-T
JUSTICE: electronic platforms remove 71% of flagged content for exacerbating hate online
ECONOMY - FINANCE - BUSINESS
TAXATION: Council of EU close to completion on excise duties on alcohol
FINANCE: European Parliament launches its own reflection on Capital Markets Union pending Commission’s new Action Plan
FINANCE: Valdis Dombrovskis details Commission’s ambitions to keep EU competitive in digital finance
FINANCE: Luis Garicano and Sven Giegold call for comprehensive reform of EU audit rules in wake of Wirecard scandal
FINANCE: EFRAG stands ready in case EU decides to develop non-financial European standards
STATE AID: in-depth investigation into compensation granted to Czech Post for its universal service obligation
EU RESPONSE TO COVID-19
BUDGET/ECONOMICS: EU leaders to negotiate on European Recovery Plan and MFF 2021-2027 on 17-18 July
EXTERNAL ACTION
UNITED KINGDOM: EU Council will take note of state of play of negotiations between London and EU
SERBIA: EU notes unbalanced elections with regret
BURKINA FASO: equipment and medical staff sent to Ouagadougou by EU Humanitarian Air Bridge
SECURITY - DEFENCE
NATO: Stoltenberg calls for extension of New START treaty, pending an agreement that includes China
SOCIAL AFFAIRS
SOCIAL: European Parliament is considering whether to draft a European right to disconnection
INSTITUTIONAL
TRANSPARENCY: future German EU Council Presidency poses a risk to EU climate action, CEO worries
NEWS BRIEFS
TRADE: second quarter fall in world trade “could have been much worse”, according to WTO
JUSTICE: work still to be done to correctly, consistently implement GDPR in EU
MALTA: call for vigilance at Council of Europe on reform of Maltese government and call for justice for Daphne Caruana Galizia
RUSSIA: Commissioner for Human Rights reacts to arrests in Russia and recalls that pandemic cannot justify undue restrictions on freedom of expression
HEALTH: GUE-NGL group in European Parliament launches petition for universal access to future Covid-19 vaccine
SERBIA/KOSOVO: dialogue expected to resume in July