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Image header Agence Europe
Europe Daily Bulletin No. 12562
Contents Publication in full By article 12 / 38
EU RESPONSE TO COVID-19 / Economy

Functioning of Recovery and Resilience Facility and country breakdown of EU financial assistance clarified

On Thursday 17 September, the European Commission clarified the functioning and the timetable for the launch of the Recovery and Resilience Facility as well as the breakdown of financial support by Member State.

A budgetary instrument at the heart of the European Recovery Plan, the Facility will be endowed over 4 years with €672.5 billion, of which €312.5 billion will be in the form of grants and €360 billion in loans, as agreed by the European Council on 21 July (see EUROPE...

Contents

SECTORAL POLICIES
CLIMATE: Commission publishes its impact assessment of a 55% reduction in EU emissions by 2030
ENERGY: national energy/climate plans are insufficient to achieve a 55% reduction in emissions by 2030, according to Commission
ENERGY: Commission publishes rules for ‘renewable energy financing mechanism’
TRANSPORT: EU Council and Parliament negotiators prepare to reopen file on rail passengers’ rights and obligations
COMPETITIVENESS: German EU Council Presidency trims sails for first ministerial meeting
AGRICULTURE: debate on CAP reform and trade agreements in EU Council on Monday 21 September
AGRICULTURE: Copa-Cogeca sounds alarm regarding situation of cereal farmers
REGIONS: regions and cities remind Ursula von der Leyen of their existence
ECONOMY - FINANCE - BUSINESS
FINANCE: European Commission envisages 16 actions to accelerate establishment of Capital Markets Union
FINANCE: European Commission to unveil its strategy to “embrace digital finance for the good of consumers and businesses”
FINANCE: European Commission wants to review functioning of European long-term investment funds
EU RESPONSE TO COVID-19
ECONOMY: functioning of Recovery and Resilience Facility and country breakdown of EU financial assistance clarified
BANKS: towards temporary exclusion of central bank exposures from calculation of leverage ratio
STATE AID: Covid-19, Italy authorised to provide €44 billion recapitalisation
HEALTH: according to Oxfam, rich countries have already reserved half of vaccines in Phase 3
EUROPEAN PARLIAMENT PLENARY
HOME AFFAIRS: European Parliament wants harmonised health criteria between Member States to facilitate intra-EU travel
HEALTH: European Parliament presents its suggestions for tackling drug shortages
ENVIRONMENT: European Parliament calls for more ambitious measures to combat pharmaceutical pollution
ENVIRONMENT: NOx from diesel, European Parliament wants new cars to comply with legal limits in real driving conditions by 2022
COHESION: European Parliament definitively adopts its position on Just Transition Fund
RULE OF LAW: European Parliament reiterates its concerns about situation in Poland
MIGRATION: Ylva Johansson assures that there will be no more camps like Moria’s in EU
MEDITERRANEAN: European Parliament calls for dialogue
BELARUS: European Parliament calls for adoption of effective sanctions without delay
RUSSIA: Navalny case, European Parliament calls on EU to toughen its stance against Russia, including new sanctions
DRC: European Parliament calls for permanent protection of Dr Mukwege and justice for crimes committed since 2002
MOZAMBIQUE: European Parliament concerned about growing terrorist attacks in north of country
PHILIPPINES: European Parliament concerned about rapid deterioration of human rights
TRANSPORT: European Parliament backs EU Council position on temporary support measures for rail sector
CULTURE: European Parliament calls for €13.45 billion for cultural recovery
HOME AFFAIRS: European Commission asks European Parliament to support it on its interim legislation against online child pornography
WEAPONS: European Parliament calls on EU to play an active role in non-proliferation of weapons
EDUCATION
EDUCATION: informal ministerial meeting largely devoted to vocational training
COURT OF JUSTICE OF THE EU
RUSSIA: Court dismisses Rosneft 's action against sanctions imposed by EU
NEWS BRIEFS
CULTURE: a Bauhaus to give style to economic recovery
HUMAN RIGHTS: European Parliament political groups unveil their candidates for 2020 Sakharov Prize
COMPANIES: SMEs welcome European Commission’s aspirations, but want action
CITIES: EUCF calls for applications to help cities make successful energy transition