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Europe Daily Bulletin No. 12537

29 July 2020
Contents Publication in full By article 13 / 30
SECTORAL POLICIES / Energy
Risk of creating stranded assets is “enormous” right now, warns Frans Timmermans
Brussels, 28/07/2020 (Agence Europe)

At the moment, the risk of creating “stranded assets” in the energy sector is “enormous”, European Commission Executive Vice-President for the European Green Deal Frans Timmermans said on Monday 27 July in an interview for Columbia University’s Center on Global Energy Policy.

With that, the Vice-President assured that he understood environmentalists’ concerns regarding the risk that the public funds mobilised for post-Covid-19 economic recovery would be “squandered” to...

Contents

BEACONS
BEACONS: In support of an EU ‘Zero Racism’ pact (2/4)
EXTERNAL ACTION
CHINA: Dombrovskis calls on Beijing to make further progress before next leaders’ summit in autumn
UKRAINE: according to Enrique Mora, ceasefire is “more or less” working
UNITED KINGDOM: SMEunited’s European and British SMEs hope for early agreement on future relationship between UK and EU
TRADE: EESC calls for new EU trade model to be developed
ECONOMY - FINANCE - BUSINESS
INSURANCE: insurance against pandemic risks, EIOPA identifies several possible options at national and European level
ECONOMY: VoteWatch and BCW analyse influence of MEPs in EU economic policy-making
EU RESPONSE TO COVID-19
BANKS: ECB extends its recommendation to banks not to pay dividends until January 2021
ECONOMY/BUDGET: European Parliament must “improve” 2021-2027 MFF and EU’s post-Covid-19 recovery plan, says Jacques Delors Institute
CIVIL PROTECTION: EU coordinates aid for Kenya, Bangladesh, Ecuador and El Salvador as result of Covid-19
STATE AID: Covid-19, UK aid to stabilise commercial credit insurance market given green light
TRADE: extension of system of reliefs for medical and personal protective equipment imports
SECTORAL POLICIES
ENERGY: risk of creating stranded assets is “enormous” right now, warns Frans Timmermans
DIGITAL: cybersecurity, still no agreement on Competence Centre after two years of discussions
DIGITAL: Facebook refers to EU Court of Justice over “intrusive” Commission requests
FUNDAMENTAL RIGHTS: Ursula von der Leyen meets European Parliament’s anti-racism intergroup, a first welcomed by MEPs
MIGRATION: European Court of Auditors to examine effectiveness of European return arrangements for irregular migrants
TRANSPORT: ECDC and EMSA issue guidance for resumption of cruises, despite continuing infection risks
AGRICULTURE: agricultural trade slows down due to coronavirus crisis
ENVIRONMENT: EEB urges Mr Timmermans to prevent dilution of forthcoming ‘Chemicals Strategy for Sustainability’
COUNCIL OF EUROPE
POLAND: Parliamentary Assembly of Council of Europe urges Polish Parliament to hold a hearing to dispel “myths of the Istanbul Convention”
NEWS BRIEFS
CLIMATE: ISO guide to taking climate issues into account in standards development
ENERGY: launch of assembly phase of ITER fusion reactor project
ENERGY: 190 organisations have applied to join European Clean Hydrogen Alliance
COMPANIES: Commission and European Investment Fund make €100 million available for innovative technology companies
SPACE: Frenchman Thomas Pesquet will be first European to fly to ISS aboard American SpaceX Crew Dragon
SEAS: Commission launches public consultation on international ocean governance
MIGRATION: Sophie in 't Veld questions European Commission on how Member States apply current asylum rules
CSDP: EU extends EUNAVFOR Med Irini’s authorisation to operate
CSDP: EU accepts Ukraine’s contribution to operation EUFOR Althea