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Europe Daily Bulletin No. 12528

16 July 2020
Contents Publication in full By article 4 / 37
ECONOMY - FINANCE - BUSINESS / Finance
ESMA to look into German financial supervision in ‘Wirecard’ case
Brussels, 15/07/2020 (Agence Europe)

The European Securities and Markets Authority (ESMA) announced on Wednesday 15 July that it will further assess the response of the German regulator, BaFin, and the German Financial Reporting Enforcement Panel (FREP) to the accounting scandal involving the German payment service provider Wirecard (see EUROPE B12512A15).

“Quality financial information is essential for investors to have confidence in the capital markets and Wirecard’s bankruptcy undermined that confidence. It is therefore...

Contents

COURT OF JUSTICE OF THE EU
STATE AID: EU General Court annuls Commission decision ordering Ireland to recover €13 billion of tax benefits granted to Apple
ECONOMY - FINANCE - BUSINESS
TAXATION: European Commission proposes a new arsenal of measures against tax evasion
TAXATION: automatic exchange of tax information, Commission proposes to extend rules to digital platforms
FINANCE: ESMA to look into German financial supervision in ‘Wirecard’ case
EU RESPONSE TO COVID-19
HEALTH: Commission calls for reduction in “cocktail of risks” linked to seasonal influenza
BUDGET/ECONOMY: EU ministers confirm their differences on modalities for post-Covid-19 recovery funds
WOMEN: Commission’s recovery plan “fails to address the specific challenges for women”, say economists Elisabeth Klatzer and Azzurra Rinaldi
DIGITAL: contact tracing apps, Commission will facilitate set up of interoperability gateway
EXTERNAL ACTION
INDIA: EU wants to bring New Delhi back into its zone of influence
VIETNAM: opening of quotas for imports of rice and other agri-food products
SOUTH AFRICA: an EU/South Africa political dialogue dominated by impact of Covid-19 pandemic and AU/EU Summit
AFRICA: Chrysoula Zacharopoulou calls for a post-Covid EU/Africa partnership focused on human development
INSTITUTIONAL
TRANSPARENCY: EU Council formalises its new transparency policy
RULE OF LAW: At start of European Summit, Renew Europe group in European Parliament is once again calling for ‘smart conditionality’ of EU funds
EUROPEAN COMMISSION: Commission appoints a new Head of Representation in Sweden and a new Deputy Director-General in DG Agriculture
EUROPEAN COMMISSION: European Ombudsman suggests reopening European Commission’s code of conduct in Croatian elections
SECTORAL POLICIES
HOME AFFAIRS: European Parliament Committee on Civil Liberties reiterates its call to Commission to act on visa reciprocity with United States
AGRICULTURE: MEPs agree to try to vote in October on post-2020 Common Agricultural Policy
AGRICULTURE: German Minister Julia Klöckner calls for a “strong” post-2020 Common Agricultural Policy
JUSTICE: Google sanctioned by Belgian data protection authority for failure to respect right to be forgotten
COHESION: CPMR broadly welcomes Charles Michel’s budget proposals
ENERGY: G20 governments have committed $151 billion to fossil fuel industries for recovery, according to Energy Policy Tracker
CLIMATE: eighteen businesses and organisations launch European Clean Trucking Alliance
NEWS BRIEFS
AFGHANISTAN: NATO calls for peace negotiations to begin
BUDGET: President of the Parliamentary Assembly of the Council of Europe calls for part of European Recovery Fund to be allocated to a vaccination programme
CITIZENSHIP: formal adoption of extension of European Citizens’ Initiative
JUSTICE: Commission launches consultation on its ‘European Democracy Action Plan’
JUSTICE: only nine Member States have started work to transpose Whistleblowers Directive
DIGITAL: United Kingdom excludes Huawei from its 5G network
FISHERIES: proposal transposing measures of Inter-American Tropical Tuna Commission
FISHERIES: proposal on autonomous EU tariff quotas 2021-2023 for certain fishery products
POLAND: well-organised second round of voting, but aggressive campaign and partisan media coverage, says Council of Europe
HEALTH: regulation relaxing rules related to GMOs in framework of Covid-19 is adopted
SLOVENIA: Commissioner for Human Rights calls for consultation on media reform projects
SOCIAL: trade unions put pressure on Member States ahead of negotiations on next EU budget
TRANSPORT: European Parliament’s Committee on Transport supports provisional agreement on completion of TEN-T network
CORRIGENDUM
BUDGET: details of vote in Hungarian parliament