login
login

Europe Daily Bulletin No. 12558

12 September 2020
Contents Publication in full By article 2 / 33
ECONOMY - FINANCE - BUSINESS / Finance
Berlin, Paris, Rome, Madrid and The Hague call for strict rules on crypto-assets to preserve EU monetary sovereignty
Berlin, 11/09/2020 (Agence Europe)

In a joint statement sent to the European Commission on Friday 11 September, the Finance Ministers of Germany, France, Italy, Spain and the Netherlands, meeting in Berlin for the informal ECOFIN Council meeting, called for strict regulation of asset-backed crypto-assets, such as “stablecoins”, in order to safeguard the monetary sovereignty of the EU.

The five countries thus support the European Commission’s intention to present a legislative proposal in the third quarter of 2020...

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