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Image header Agence Europe
Europe Daily Bulletin No. 12621
Contents Publication in full By article 24 / 39
EXTERNAL ACTION / Trade/climate

European Parliament International Trade Committee calls for Carbon Border Adjustment Mechanism compatible with WTO rules

The draft opinion on the Carbon Border Adjustment Mechanism (CBAM) by the European Parliament Committee on International Trade (INTA), led by Karin Karlsbro (Renew Europe, Sweden), was adopted on 10 December. The draft opinion has been strengthened by 11 compromise amendments which, more than anything else, express the INTA Committee’s desire not to make the CBAM a punitive or protectionist measure. INTA believes the Carbon Border Adjustment Mechanism should be based on the World Trade...

Contents

EUROPEAN COUNCIL
CLIMATE: European Council agrees to aim for a reduction in emissions of at least 55% by 2030 following a marathon summit
BUDGET: EU leaders not concerned about legal interpretation of ‘rule of law mechanism’
EMU: Eurogroup invited to draw up work plan on completion of banking union
UNITED KINGDOM: EU27 still hope to avoid a failure of negotiations on post-Brexit relationship 
NEIGHBOURHOOD: European leaders “determined” to relaunch partnership with countries in EU’s Southern Neighbourhood
UNITED STATES: EU27 underline importance of a strong strategic transatlantic partnership
TURKEY: EU leaders welcome balanced decision on Ankara after difficult debate
HOME AFFAIRS: EU27 focus on countering radicalisation, including online radicalisation, to combat terrorism
RUSSIA: EU leaders agree to extend economic sanctions
SECTORAL POLICIES
RESEARCH: European Parliament and EU Council conclude a hard-won agreement on Horizon Europe framework programme
DIGITAL: interinstitutional agreement on centre of competence for cybersecurity
HOME AFFAIRS: Interinstitutional Agreement on Border Management and Visa Policy Fund
MIGRATION: EU Home Affairs Ministers to hold another complex discussion on Pact on Migration and Asylum
ENERGY: EU Council ratifies its conclusions on hydrogen and renewable energies
CONSUMERS: toy safety - Commission tightens rules on allergenic fragrances
CLIMATE: EU leaders’ agreement to raise 2030 climate target gets mixed reception
ENVIRONMENT: after publication of an alarming study, PAN Europe calls on EU to stop exporting banned pesticides
INSTITUTIONAL
BUDGET: European Commission submits its second draft budget plan for 2021 for full agreement 
PARLIAMENTARY PLENARY: MEPs stand ready to vote on 2021-2027 MFF, 2021 budget and ‘Rule of law’ conditionality
ECONOMY - FINANCE - BUSINESS
BANKS: banking sector remains strong, but quality of banking assets will deteriorate in coming months, according to EBA 
FINANCE: “EU Recovery Prospectus”, details of European Parliament / EU Council agreement
EXTERNAL ACTION
MERCOSUR: European Commission seeks to convince MEPs to ratify EU/Mercosur agreement
ASIA: MEPs concerned about RCEP trade agreement between 15 South East Asian countries. 
TRADE/CLIMATE: European Parliament International Trade Committee calls for Carbon Border Adjustment Mechanism compatible with WTO rules
SUSTAINABLE DEVELOPMENT: EIB, IMF and other multilateral banks have mobilised $230 billion to reduce impact of pandemic
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
DEMOCRACY: online platforms ensure that they are prepared to deal with disinformation related to Covid-19 vaccine
COUNCIL OF EUROPE
HEALTH: EDQM, Council of Europe Directorate, coordinates laboratories that verify batches of Covid-19 vaccine
NEWS BRIEFS
BELARUS: EU adopts new population assistance programme
TRADE: agri-food exports up from January to August 2020
SPACE: France and Germany seek to boost European space sector
INTERNAL MARKET: a new digital portal to facilitate Europeans’ access to certain public services
SEAS: EU/Morocco cooperation in ocean research
MIGRATION: additional financial assistance of €43.2 million to Canary Islands
FISHERIES: Our Fish denounces 20 years of overfishing of stocks managed by EU, UK and Norway
CIVIL PROTECTION: Covid-19, EU delivers respirators to Ukraine and protective equipment to Caribbean
SOCIAL: no interinstitutional agreement on European Social Fund Plus before 2021
CORRIGENDUM
COHESION: Just Transition Fund, clarification on European Parliament committee vote on gas investment amendment
CALENDAR
Main activities of European Institutions: from 14 to 18 December 2020
CALENDAR EXTRA
Other events: until 18 December 2020