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Europe Daily Bulletin No. 12591

29 October 2020
Contents Publication in full By article 25 / 31
ECONOMY - FINANCE - BUSINESS / Finance
Lack of progress on Capital Markets Union could hold back economic recovery, financial industry warns
Brussels, 28/10/2020 (Agence Europe)

In a report on the performance of financial markets in 2020 published on Wednesday 28 October, the Association for Financial Markets in Europe (AFME) and ten other organisations, including EFAMA, Invest Europe and Pensions Europe, stressed the need for urgent action to ensure “a genuine, globally competitive Capital Markets Union (CMU)”.

The organisations believe that, although the capital markets have provided record amounts of funding to support the European economy in 2020, the lack...

Contents

EU RESPONSE TO COVID-19
HEALTH/HOME AFFAIRS: European Commission publishes new health guidelines on eve of a European summit by videoconference
HOME AFFAIRS: Commission specifies categories of persons from non-Member States who may come to EU
TRANSPORT: European Commission suggests extending green lanes system to rail, air and sea freight
TOURISM: MEP Cláudia Monteiro de Aguiar suggests creation of European agency dedicated to tourism sector
BUDGET/ECONOMY: tenth round of negotiations between EU institutions on economic recovery plan and MFF 2021-2027
ECONOMY: MEPs take a position on InvestEU programme
EUROPEAN COMMISSION: Céline Gauer officially appointed as head of Task Force monitoring implementation of European Recovery Plan 
SOCIAL AFFAIRS
SOCIAL: minimum wage, European Commission presents directive looking like recommendations
INSTITUTIONAL
BUDGET: prospect of early agreement on ‘Rule of law’ conditionality seems possible
BUDGET: MEPs add €14 billion to EU flagship programmes in 2021
BUDGET: MEP Pierre Larrouturou on hunger strike for financial transaction tax
EESC: new President Christa Schweng wants to “restore confidence” in Committee and fight harassment
SECTORAL POLICIES
CUSTOMS: European Commission proposes establishment of EU Single Window for Customs
MIGRATION: Member States to be surveyed on 30 October on practicalities of Pact on Migration and Asylum
MIGRATION: access to winter-resistant tents is main challenge for Kara Tepe migrant camp, according to Commission
COHESION: Council of the EU and European Parliament make progress on cofinancing rates for Common Provisions Regulation
ENERGY: European Commission puts forward new proposals to modernise Energy Charter Treaty
AGRICULTURE: Greens/EFA Group in European Parliament calls on European Commission to make new proposal on post-2020 CAP
EXTERNAL ACTION
FOREIGN AFFAIRS/DEVELOPMENT: European Parliament will make its position known in November on a one-year extension of four emergency trust funds
DEVELOPMENT: CONCORD expresses alarm after further fall in public aid as proportion of GNI means that EU will not reach 0.7% before 2070
TRADE/CLIMATE: MEPs welcome ‘Jadot’ draft report on creation of carbon border adjustment mechanism
SECURITY - DEFENCE
TERRORISM: Gilles de Kerchove calls on MEPs to make progress on removing terrorist content online
DEFENCE: for Politico-Military group, EDA must advance capability development
ECONOMY - FINANCE - BUSINESS
TAXATION: digital taxation, Commission gives OECD a last chance
FINANCE: lack of progress on Capital Markets Union could hold back economic recovery, financial industry warns
COURT OF JUSTICE OF THE EU
TRANSPORT: costs related to road policing may not be taken into account in motorway tolls for heavy goods vehicles
NEWS BRIEFS
ENERGY: Lithuania sends letter of protest to Belarus regarding start-up of Ostrovets nuclear power plant
ENERGY: European Commission’s ‘Clean Energy for EU Islands’ initiative makes progress
INDUSTRY: ACEA believes there are not enough electric charging stations to keep up with demand for electric cars
SYRIA: ambassadors of Member States approve extension of Trust Fund
TRANSPORT: multimodality will be “one of main pillars” of strategy for sustainable and intelligent mobility, says Adina Vălean