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Europe Daily Bulletin No. 12612

1 December 2020
Contents Publication in full By article 9 / 31
ECONOMY - FINANCE - BUSINESS / Banks
European Court of Auditors approves level of provisioning taken by Single Resolution Board against financial risks
Brussels, 30/11/2020 (Agence Europe)

The Single Resolution Board (SRB), the European authority responsible for resolving large failing banks in the euro area Banking Union, has established sufficient budgetary provisions to deal with the financial risks incurred in the legal disputes in which it is involved, the European Court of Auditors said in a report published on Monday 30 November.

Through the competent national authorities, the SRB collects ex ante contributions from the banking industry to finance the Single Resolution...

Contents

EXTERNAL ACTION
UNITED STATES: transatlantic relations will be discussed at European Council on 10 and 11 December
KOSOVO: reforms must be accelerated, stresses Stabilisation and Association Council
DEVELOPMENT: EU Council supports coordinated international efforts to alleviate debt of African countries
INSTITUTIONAL
RULE OF LAW: MEPs exasperated by EU Council’s inaction against Poland and Hungary
COUNCIL OF EUROPE
RULE OF LAW: a Council of Europe opinion analyses new challenges for prosecutors posed by pandemic
CLIMATE: European Court of Human Rights is following up on application of six Portuguese youths denouncing failure of 33 Member States to comply with Paris Agreement
ECONOMY - FINANCE - BUSINESS
GREECE: green light for a 4th tranche of aid to alleviate Greek debt servicing
FINANCE: Parliament/EU Council agreement on replacement of critical benchmarks that are due to disappear
BANKS: European Court of Auditors approves level of provisioning taken by Single Resolution Board against financial risks
TAXATION: Greens/EFA Group look to future Portuguese Presidency of EU Council for country by country reporting
YOUTH - EDUCATION
YOUTH: European Ministers are already thinking about “post-pandemic”
SECTORAL POLICIES
JUSTICE: terrorism, Rule of law and European Public Prosecutor’s Office on European Justice Ministers’ agenda
JUSTICE: Commission does not commit to open infringement proceedings against countries issuing “golden visas”
DIGITAL: Commission opts for a “dialogue” with industry on geographical blocking of audiovisual content
HOME AFFAIRS: first ‘Schengen Forum’ to prepare forthcoming reform of free movement area
CIVIL PROTECTION: EU Council has its mandate to negotiate with European Parliament on strengthening EU’s rapid response to major disasters
AGRICULTURE: EU institutions finalise agreement on transitional measures for CAP
TRANSPORT: Commission clarifies some provisions of ‘Mobility I’ package in order to ensure their “consistent implementation”
TRANSPORT: ECDC and EASA are unconvinced of effectiveness of tests and quarantines for air travellers
CLIMATE/ENERGY: EU emissions continue to fall, but further efforts are needed by 2030, says EEA
ENVIRONMENT: MEPs will deliver their prescription for improving and speeding up Water Framework Directive implementation on Tuesday
ENVIRONMENT: HEAL sounds alarm on lack of safety data for 25% of 12,285 chemical substances coming into contact with food
SECURITY - DEFENCE
NATO: future of Alliance, Russia, China and Afghanistan on agenda of Foreign Ministers’ meeting
NEWS BRIEFS
DEFENCE: Mr Pesonen hopes that very first European Defence Fund work programme will be adopted next spring
TAXATION: digital giants pledge to pay their fair share of taxes
IRAN: next Joint Commission meeting on 16 December
MIGRATION: Tomas Tobé will be European Parliament’s main rapporteur on Asylum and Migration Regulation
EUROPEAN PARLIAMENT: József Szájer resigns as MEP
CSDP: Paulo Soares’ term extended at head of EUAM RCA mission
TRANSPORT: T&E believe no sustainable recovery can be achieved without abolishing free emission allowances granted to airlines
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