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Image header Agence Europe
Europe Daily Bulletin No. 12600
Contents Publication in full By article 26 / 44
EU RESPONSE TO COVID-19 / Foreign affairs

Commission concludes several financial guarantee agreements amounting to €990 million

In order to stimulate investment in Africa and the EU neighbourhood to address Covid-19, the European Commission concluded on Thursday 12 November several financial guarantee agreements worth €990 million with partner financial institutions.

In total, these guarantees are expected to generate up to €10 billion of investment.

These guarantees are: the European Health Platform (€438 million), which focuses on Africa, the InclusiFi (€60 million), to help local businessmen in sub-Saharan Africa and the EU neighbourhood, and the AgreenFi (€160 million), which targets small businesses in sub-Saharan Africa and the EU neighbourhood.

There is also the Renewable Energy Support Programme for the predominantly rural regions of sub-Saharan Africa (€20 million), the European Guarantee for Renewable Energy (€62 million), the EU Market Creation Facility (€150 million), the Municipal, Infrastructure and Industrial Resilience Programme (€100 million).

These guarantees are part of the EU’s external investment plan.

See details: https://bit.ly/2GUwxXL (Original version in French by Camille-Cerise Gessant)

Contents

INSTITUTIONAL
INTERVIEW/BUDGET: increased funding for some programmes was necessary to “safeguard future EU budget”, according to MEP Margarida Marques
BUDGET: Committees of European Parliament approve interim agreement on ‘Rule of law conditionality’
EUROPEAN PARLIAMENT PLENARY
BUDGET: MEPs welcome “historic” agreement on MFF 2021-2027 and European Economic Recovery Plan
TERRORISM: in wake of terrorist attacks, European Parliament expects a firm response from EU, but one that is mindful of fundamental freedoms and social cohesion
HEALTH: European Commission promises limited access to advance purchase contracts for Covid-19 vaccines
HEALTH: European Parliament soon to be ready to negotiate with EU Council on EU4health programme
TAXATION: European Parliament gives green light to new post-Brexit rules on identification of taxable persons for VAT purposes in Northern Ireland
SOCIAL: European Parliament supports extension of European Network of Public Employment Services until end of 2027
UNITED STATES: MEPs want to combine transatlantic partnership with EU autonomy
WESTERN BALKANS: MEPs vote to extend exceptional trade measures
CHINA: MEPs approve EU-China agreement on protection of 100 geographical indications
INSTITUTIONAL: Roberta Metsola elected First Vice-President of European Parliament
FISHERIES: MEPs approve new EU-Senegal fisheries agreement
FISHERIES: European Parliament endorses EU fisheries agreement with Seychelles
FISHERIES: European Parliament endorses regulation on aid to Baltic cod fishermen 
GMO: European Parliament calls on European Commission to stop all imports of genetically modified soybeans and maize into EU
SECTORAL POLICIES
TERRORISM: EU Home Affairs Ministers invited to convey a firm but calming message on risk of terrorism and cohesion of societies
MIGRATION: Frontex Management Board decides on “urgent action” to investigate allegations of migrant refoulement in Aegean Sea
SPACE: EU Council adopts its conclusions on role of EU in space sector
INDUSTRY: EU Council sets out vision for future of industrial policy
DIGITAL: France is calling for a clear scope for legislation on digital markets
ENERGY: ITER nuclear fusion project could suffer further delays and cost overruns, warns European Court of Auditors
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: European Commission promises two new legislative initiatives as part of its strategy for equality for LGBTIQ persons
EU RESPONSE TO COVID-19
HEALTH: European Commission proposes to modernise its instruments for health crisis response
HEALTH: EU announces an increase of €100 million in its contribution to COVAX
FOREIGN AFFAIRS: Commission concludes several financial guarantee agreements amounting to €990 million
SOCIAL: European Commission issues new vouchers for SURE instrument
SOCIAL AFFAIRS
SOCIAL: minimum wage, EU Council seeks opinion of its Legal Service to verify appropriateness of path chosen by European Commission
COURT OF JUSTICE OF THE EU
CONSUMERS: Court of Justice specifies conditions governing consent to processing of personal data
JUSTICE: deterioration of judicial independence in Poland does not justify automatic non-execution of European arrest warrants issued by that country, according to Advocate General
EXTERNAL ACTION
HONG KONG: EU denounces disqualification of voting rights for Legislative Council members
MEDITERRANEAN: Mr Várhelyi wants to take cooperation to next level
TRADE: Commission publishes report on implementation of trade agreements in 2019
TRADE: MEPs on European Parliament Committee on International Trade approve interinstitutional agreement on compliance with trade rules
ECONOMY - FINANCE - BUSINESS
TAXATION: German EU Council Presidency is asked to include Country-by-Country Reporting on agenda of next ‘Competitiveness’ Council meeting
FINANCE: Capital Market Union is progressing too slowly, says European Court of Auditors
EIB: EIB approves its Climate Roadmap 2021-2025 and pledges to mobilise €1 trillion for environment by 2030
NEWS BRIEFS
UNITED STATES: European Parliament Committee on International Trade approves elimination of tariffs on lobster from United States
JUSTICE: European Public Prosecutor’s Office, Andrés Ritter and Danilo Ceccarelli will be Laura Codruța Kövesi’s deputies
DIGITAL: EDPB issues two sets of recommendations following Schrems II judgment
UNITED KINGDOM: negotiations on future post-Brexit relationship will continue next week in Brussels
TRANSPORT: EU Council and European Parliament reach interim agreement on European Year of Rail
UNRWA: EU announces €4.6 million of new aid
VENEZUELA: EU extends sanctions against country for another year