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Europe Daily Bulletin No. 12535

25 July 2020
Contents Publication in full By article 11 / 33
EU RESPONSE TO COVID-19 / Finance
Commission presents new package for economic stimulus through capital markets
Brussels, 24/07/2020 (Agence Europe)

Having proposed a temporary relief of certain banking prudential requirements to facilitate lending (see EUROPE B12476A8), the European Commission is now tackling the capital markets that it wants to further mobilise to help European companies recover from the economic crisis caused by the Covid-19 pandemic (see EUROPE B12514A5).

To this end, on Friday 24 July, it presented a series of targeted amendments to EU financial regulations, which it hopes will encourage more investment in the...

Contents

SECTORAL POLICIES
HOME AFFAIRS: a new EU security strategy focusing on cyber security, new threats and organised crime
SPACE: European budget should double to match that of world’s major space powers, according to Mr Lionnet
DIGITAL: European Commission takes stock of 5G restrictions, without mention of Huawei
DIGITAL: public consultation on implementation of EU rules on electronic identification
SEAS: Commission proposes new action plan for Atlantic region
CIRCULAR ECONOMY: EESC recommendations for EU to make circular economy springboard for a sustainable economy
TRANSPORT: EESC supports Commission’s proposal to make 2021 European Year of Rail
FOOD SAFETY: EFSA sets up a Consultation Group on allergenicity assessment of genetically modified plants
EU RESPONSE TO COVID-19
BUDGET/ECONOMY: rapid ratification of Own Resources Decision related to post-Covid-19 Recovery Plan is “major challenge”, according to Johannes Hahn
ECONOMY: European Commission is setting up a task force to help Member States prepare national recovery plans
FINANCE: Commission presents new package for economic stimulus through capital markets
SENEGAL: Covid-19, EIB and EU grant €75 million subsidised loan to support Senegal's private sector
CIVIL PROTECTION: medical aid has arrived in Guinea-Bissau and three more flights from EU humanitarian air bridge will follow
ECONOMY - FINANCE - BUSINESS
FINANCE: Commission proposes to amend EU rules to prepare for the end of LIBOR benchmark index
FINANCE: MEPs call on Commission to draw lessons from ‘Wirecard’ scandal
EXTERNAL ACTION
UNITED STATES: new European gesture of appeasement towards Washington to defuse Airbus dispute
UNITED STATES: Phil Reeker in Brussels prepares dialogue on China
CHINA: more than 60 MEPs call on Mr Borrell regarding situation in Xinjiang
UKRAINE: reform efforts must continue, says Borrell
BELARUS: EU calls for release of all political prisoners
WTO: EU anti-dumping duties criticised in dispute with Russia
TRADE: Denis Redonnet, first “Mr ‘Implementation’” for European trade policy
INSTITUTIONAL
DEMOCRACY: CMPF notes worrying setbacks in media pluralism and freedom in EU
EUROPEAN COMMISSION: Florika Fink-Hooijer and Gerassimos Thomas appointed head of ‘Environment’ and ‘Taxation’ Departments respectively
SOCIAL AFFAIRS
SOCIAL: FEANTSA is concerned about ESF+ and EaSI budget cuts
COUNCIL OF EUROPE
MEDIA: progress, but also persistent shortcomings in gender equality in media sector, according to Council of Europe
NEWS BRIEFS
CLIMATE: pre-COP26 will be held from 30 September to 2 October in Milan
FUNDAMENTAL RIGHTS: internet access must become new human right, says David Sassoli
JUSTICE: European Public Prosecutor's Office – launch of written procedure in EU Council to adopt appointment of 22 European Prosecutors
RESEARCH: Commission appoints Professor Jean-Pierre Bourguignon as acting President of European Research Council
RUSSIA: EU calls for immediate release of Yuri Dmitriev
SOCIAL: OECD report shows trade unions want to better protect “heroines of Covid-19”
TRANSPORT: Air carriers commit to promoting EASA’s health recommendations