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Image header Agence Europe
Europe Daily Bulletin No. 12514
Contents Publication in full By article 2 / 37
ECONOMY - FINANCE / Finance

Commission departments are working on a first draft of new Capital Markets Union action plan

Now that it has received the final recommendations on the High-Level Forum on Capital Markets Union (CMU) (see EUROPE B12503A13), the European Commission can begin to properly develop its new Capital Markets Union action plan.

On Wednesday 24 June, EUROPE received a copy of a note from John Berrigan, the Director-General of the Commission's Directorate General for Financial Stability (FISMA), to the cabinet of Executive Vice-President, Valdis Dombrovskis, which sets out the Commission...

Contents

ECONOMY - FINANCE
EUROGROUP: three Finance Ministers declare themselves candidates to succeed Mário Centeno
FINANCE: Commission departments are working on a first draft of new Capital Markets Union action plan
BUDGET: MEPs approve €585 million in aid for 2020 to support Syrian refugees
EU RESPONSE TO COVID-19
BUDGET: “It is in all of our interests to reach a swift agreement on MFF”, says Commissioner Hahn
FINANCE: Commission considers amendments to rules on prospectuses, securitisation and MiFID II framework to facilitate economic recovery
STATE AID: Commission approves €6 billion German measure to recapitalise Lufthansa
INTERNAL MARKET: EU Council postpones vote on environmental standards report on non-road mobile machinery
HEALTH: European Medicines Agency recommends conditional marketing authorisation for remdesivir
SECTORAL POLICIES
SPACE: ESA begins work to prepare for November ‘Space’ Council
FISHERIES: MEPs negotiate compromise on Control Regulation update
FOOD: European Parliament’s Environment Committee in favour of mandatory simplified nutrition labelling, but divided on modalities
ENVIRONMENT: implementation of 'Marine Strategy' Directive leaves much to be desired, especially in Mediterranean, says Commission
JUSTICE: Council of Bars and Law Societies of Europe is concerned about the very disparate reactivation of judicial systems in EU
CLIMATE: EU confirms participation in voluntary phase of CORSIA and chooses 2021, 2022 and 2023 to calculate offset requirements
CLIMATE: international climate targets in maritime and aviation sectors are “seriously lacking”, according to Climate Action Tracker
ENERGY: European gas industry calls on EU not to neglect hydrogen produced from natural gas
MIGRATION: asylum applications in EU rise again in 2019
FUNDAMENTAL RIGHTS: 64 MEPs call on Romanian president to oppose bill prohibiting discussion of gender identity in schools
TRANSPORT: aviation sector commits to “speeding up work to decarbonise European civil aviation”
SECURITY - DEFENCE
DEFENCE: Mr Breton will “continue to fight” to increase European Defence Fund's allocation
EXTERNAL ACTION
SUDAN: EU and international community strengthen their political and financial support for transition to a democratic Sudan
TURKEY: it is necessary to re-establish a minimum of trust and dialogue, says Mr Borrell
VENEZUELA: International Contact Group calls for meaningful, inclusive negotiations
UNITED STATES: Airbus dispute, Washington prepares new tariff sanctions
UNITED STATES: Washington agrees to transatlantic dialogue on China
COURT OF JUSTICE OF THE EU
INSTITUTIONAL: European Parliament can exercise part of its budgetary powers in Brussels instead of in Strasbourg, says Court of Justice of EU for a second time
HUNGARY: Advocate-General of Court of Justice of EU challenges large parts of Hungarian asylum and return legislation
ASYLUM: European law authorises large number of judicial authorities to be competent to receive an asylum application
ENVIRONMENT: an order and a circular regulating issuance of permits for installation of wind turbines must be subject to a prior environmental assessment, according to Court
SOCIAL: according to European judge, worker who is illegally dismissed and then reinstated is entitled to paid leave or compensation for leave not taken
NEWS BRIEFS
BANKS: Werner Hoyer named 'European Banker of the Year 2019' by The Group of 20+1
DEVELOPMENT: Paris Club signs debt service moratorium agreement with Republic of Guinea
ENERGY: EU Council adopts conclusions on EU response to Covid-19 pandemic in energy sector
NEAR EAST: President of Parliamentary Assembly of Council of Europe denounces Israel's annexation of Palestinian lands
HEALTH: Pompidou Group launches an online platform to limit spread of Covid-19 among drug addicts
YEMEN: EU condemns attacks against civilians in Saudi Arabia and Yemen
CORRIGENDUM
TAXATION: Corrigendum to alcohol excise duty article