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Europe Daily Bulletin No. 12558

12 September 2020
Contents Publication in full By article 1 / 33
ECONOMY - FINANCE - BUSINESS / Eurogroup
Timeframe for gradual lifting of anti-crisis fiscal measures will be developed with utmost caution
Brussels/Berlin, 11/09/2020 (Agence Europe)

Euro area finance ministers are aware that one day or another, the Stability and Growth Pact, frozen in the Spring to deal with the Covid-19 pandemic in 2020, will have to be applied again.

Nevertheless, given the many economic and health uncertainties surrounding the economic recovery, “there will be no sudden stop, no policy cliff-hedge” , assured Eurogroup President Paschal Donohoe at the end of the meeting of euro area finance ministers on Friday 11 September. In his view, budgetary...

Contents

ECONOMY - FINANCE - BUSINESS
EUROGROUP: timeframe for gradual lifting of anti-crisis fiscal measures will be developed with utmost caution
FINANCE: Berlin, Paris, Rome, Madrid and The Hague call for strict rules on crypto-assets to preserve EU monetary sovereignty
FINANCE: MEPs call for a clear and protective European framework for crypto-assets
FINANCE: MEPs set course for future of Capital Markets Union
EU RESPONSE TO COVID-19
BUDGET/ECONOMY: EU Council and European Parliament are working on a form of interinstitutional agreement including own resources for the Recovery Plan
HOME AFFAIRS: EU Member states continue discussions on better coordination of their national measures against Covid-19
HEALTH: EU and WHO push to close $35 billion funding gap for Covid-19 vaccine
COHESION: coronavirus, regions and cities want to improve and decentralise European decision-making process
SECTORAL POLICIES
ENERGY: “Energy Charter Treaty runs counter to transition towards renewable energy”, says Maria Arena
CLIMATE: MEPs approve Jytte Guteland’s amended report on ‘Climate Law’
COHESION: Just Transition Fund, financing of gas infrastructure to be decided in European Parliament plenary session
MIGRATION: after immediate aid offered by 10 countries, deliberations begin on future of Moria camp
MIGRATION: European Parliament resumes work on revision of Returns Directive
ENVIRONMENT: Eric Andrieu finds export of pesticides banned in EU to developing countries unacceptable
EXTERNAL ACTION
UNITED KINGDOM: EU finance ministers take their turn to call on London to respect agreement on an orderly Brexit
CHINA: trade relations, climate change and Covid-19 on menu of leaders’ videoconference
KOSOVO: Prime Minister Hoti considers dialogues with EU and US to be complementary
PERU: EU mobilises Humanitarian Air Bridge to Lima and €30.5 million in emergency aid for Latin America
AFRICA: clean energy and green transition are an opportunity for EU and Africa, say Commissioners Simson and Urpilainen
INSTITUTIONAL
FUTURE OF EU: in European Parliament, hopes shared by political groups on eve of State of the Union address
PARLIAMENTARY PLENARY: State of the Union, EU budget, green transition and harmonisation of anti-Covid-19 measures on MEPs’ agenda
BUDGET: OLAF notes increase in fraudulent activities involving climate-related projects
SOCIAL AFFAIRS
SOCIAL: right to disconnect, Mr Agius Saliba calls for a European directive to protect workers
NEWS BRIEFS
EUROPEAN COMMISSION: S&D group in European Parliament questions Mrs McGuinness’ compatibility with financial services portfolio
ENERGY: Engie and ArianeGroup join forces to develop renewable liquid hydrogen
FINANCE: MEPs endorse appointment of Klaus Löber as head of ESMA’s CCP Oversight Committee
TAXATION: Ireland promises to study “carefully and constructively” a new European proposal for a digital tax in 2021
TAXATION: European Parliament Economic Affairs Committee has launched procedure to hear GAFA bosses
JUSTICE: MEPs endorse interinstitutional agreement on digitisation of judicial cooperation
SOCIAL: coordination of social security systems, new EU Council working meeting scheduled for 21 September
SOCIAL: European Commission proposes €2 million to support workers in Spanish shipbuilding sector
CALENDAR
Main activities of European Institutions: from 14/09 to 20/09/2020
CALENDAR EXTRA
Other Events: until 20 September 2020