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Europe Daily Bulletin No. 12620

11 December 2020
Contents Publication in full By article 8 / 38
EU RESPONSE TO COVID-19 / Ecb
Monetary institute ramps up anti-Covid-19 pandemic arsenal
Brussels, 10/12/2020 (Agence Europe)

As announced in October (see EUROPE B12592A3), on Thursday 10 December the European Central Bank (ECB) recalibrated several monetary policy instruments, for example by increasing by €500 billion the intervention capacity of the PEPP operation for the massive repurchase of mainly public assets and extending it until the end of March 2022. The objective: to maintain favourable financing conditions during the Covid-19 pandemic until the economy of the euro area stabilises with the...

Contents

EUROPEAN COUNCIL
BUDGET: way is clear for adoption of 2021-2027 MFF and European Recovery Plan
TURKEY: European Council agrees on additional targeted sanctions
LIBYA: EU leaders likely to call for Berlin Process to be respected
CLIMATE: EU27 aim to raise EU’s climate target for 2030
HEALTH: EU leaders' brief update on Covid-19 pandemic
UNITED KINGDOM: EU27 very cautious, even pessimistic about post-Brexit negotiations 
ECB: Frank Elderson officially appointed member of executive board
EU RESPONSE TO COVID-19
ECB: monetary institute ramps up anti-Covid-19 pandemic arsenal
FINANCE: European Parliament/EU Council agreement on adjustments to European securitisation framework to facilitate economic recovery
HEALTH: European Medicines Agency questioned by MEPs on Covid-19 vaccines
SECTORAL POLICIES
TERRORISM: European Parliament and EU Council agree on timely removal of terrorist content from internet
COHESION: Just Transition Fund, co-legislators exclude gas investments and include a green reward mechanism
INDUSTRY: European Commission presents its initiative to ‘green’ battery production
DIGITAL: cybersecurity, Bucharest wins race for Competence Centre 
TRANSPORT: “Difficult negotiations” expected between European Parliament and EU Council on 2021-2027 Connecting Europe Facility
ENERGY: integration of energy system and revision of European legislation on agenda of EU Energy Ministers
FISHERIES: EU ministers expected to set provisional quotas for 2021 for stocks shared with UK
AGRICULTURE: draft conclusions on nutrition labelling on product packaging divide Member States
AGRICULTURE: agri-food sector calls for a tariff and quota-free EU-UK trade agreement
ENVIRONMENT: Member States almost ready to approve amendment to Aarhus Regulation
ENVIRONMENT: Member States give green light to adopt EU Council conclusions on ‘green’ digitalisation
ENVIRONMENT: more than 90% of Europe’s seas are under combined pressures of human activities, according to EEA
EXTERNAL ACTION
NORTH MACEDONIA: “there is no plan B” for future of country, according to Macedonian Foreign Minister
ECONOMY - FINANCE - BUSINESS
TAXATION: MEPs adopt resolution on amending EU tax haven blacklist
INSTITUTIONAL
FUTURE OF EU: S&D Group in European Parliament proposes extending work of Conference on Future of Europe to 2023
NEWS BRIEFS
HOME AFFAIRS: visa facilitation rules for citizens of Cape Verde
EDUCATION: “teachers remain essential”, says Ursula von der Leyen
ENERGY: Member States agree on conclusions on hydrogen
ENVIRONMENT: draft conclusions on EU’s circular and green economic recovery are ripe for adoption on 17 December
SPACE: ESA progresses towards launching its reusable space shuttle in 2023
FINANCE: European Parliament and EU Council reach agreement on “EU Recovery Prospectus”
FINANCE: eleven more financial institutions sign “Finance for Biodiversity” pledge
JUSTICE: new organisation created to support whistleblowers in Europe
MALTA: Parliamentary Assembly of Council of Europe deems Malta’s response to recommendations adopted after murder of Daphne Caruana Galizia “unsatisfactory”
MONTENEGRO: Borrell calls for further reforms
FISHERIES: commissioner Sinkevičius promotes zero tolerance of illegal fishing
UNITED KINGDOM: United Kingdom continues on path to accession to Trans-Pacific Partnership Agreement
SOCIAL: a poll would show that two thirds of Europeans would support introduction of a universal basic income