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Image header Agence Europe
Europe Daily Bulletin No. 12566
Contents Publication in full By article 20 / 29
ECONOMY - FINANCE / Germany

Berlin suspends its brake on public debt also for 2021

To finance social spending and stimulate the post-Covid-19 economic recovery, the German government plans to raise more than €96 billion of new debt in 2021, giving up its brake on public debt next year as well, according to the draft budget it unveiled on Wednesday 23 September.

Nevertheless, the situation of public finances remains under control: after having been below 60% of national GDP in 2019, “the debt ratio will rise to around 75% of GDP in 2020 and a further increase is not...

Contents

SECTORAL POLICIES
MIGRATION: between decisiveness and solidarity, Commission is seeking a way forward on reform of asylum and migration policy
MIGRATION: Commission launches its working group to rebuild a new camp co-managed with EU in Lesbos
ENVIRONMENT: Industrial Emissions Directive is effective, but can be improved, according to Commission
CLIMATE: China reinforces and clarifies its objectives, announcement welcomed by Frans Timmermans
ENERGY: CERRE calls on Commission to revise European guidelines on State Aid to energy
HEALTH: EU4Health, Member States very eager to maintain oversight
DIGITAL: MEPs oppose automated content moderation tools
SPACE: EU Council working group on United Kingdom dissatisfied with German proposals on space programme
REGIONS: European Committee of Regions sets up UK Contact Group
INTERNAL MARKET: Member States’ representatives establish remit for ‘Smet Task Force’
RESEARCH: a budget of less than €120 billion for Horizon Europe will not be “in line with the political objectives” of the EU, says the President of the European Research Council
TOURISM: European Parliament’s Tourism Working Group says €300 million budget line “is not too much to ask”
FUNDAMENTAL RIGHTS: Roma and Travellers in EU living on average 10 years less than general population, FRA warns
EXTERNAL ACTION
MEDITERRANEAN: Greece and Turkey express readiness to start dialogue
FOREIGN AFFAIRS: Raphaël Glucksmann elected chair of European Parliament special committee on foreign interference
TRADE: European Commission launches multi-stakeholder dialogue for more sustainable cocoa along supply chain
TRADE: carbon standards for products may be preferable to a border carbon adjustment tax, says E3G
ECONOMY - FINANCE
FINANCE: European Parliament Committee on Economic Affairs’ written questions to Mairead McGuinness are ready
TAXATION: Sophie in 't Veld questions Commission on compatibility of requirements of US ‘FATCA’ law with GDPR regulation
GERMANY: Berlin suspends its brake on public debt also for 2021
COURT OF JUSTICE OF THE EU
HEALTH: reimbursement for cross-border healthcare cannot always be made subject to prior authorisation, according to Court
JUSTICE: Advocate General specifies nature, legal value and effect of reports under Cooperation and Verification Mechanism
NEWS BRIEFS
ASYLUM: asylum applications in free fall due to coronavirus, according to Eurostat
COHESION: Coronavirus, European Commission approves nine reprogrammings in Spain
ENERGY: six countries, including three EU Member States, sign charter of a new Middle East Gas Forum
TAXATION: Paul Tang elected Chairman of European Parliament Taxation Subcommittee
DIGITAL: Dragoș Tudorache elected chairman of European Parliament special committee on artificial intelligence
HEALTH: special committee against cancer is constituted
ANIMAL HEALTH: Tilly Metz elected Chair of European Parliament Animal Transport Inquiry Committee