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Image header Agence Europe
Europe Daily Bulletin No. 12636
Contents Publication in full By article 14 / 32
ECONOMY - FINANCE - BUSINESS / Banks

European Court of Auditors identifies shortcomings in bank resolution planning

On Thursday 14 January, the European Court of Auditors identified shortcomings in the planning of banking resolution carried out under the auspices of the Single Resolution Board (SRB), the European authority responsible for resolving large failing banks within the euro area banking union.

“We audited the initial phase of resolution planning” for a large failing bank and found that “some elements are still missing”, said Rimantas Šadžius, member of the Court of Auditors,...

Contents

DEAL EU/UK
UNITED KINGDOM: competent European Parliament committees are rather satisfied with post-Brexit agreement between the EU and London
AGRICULTURE: EU/UK agreement raises concerns in European Parliament on Geographical Indications and health controls
INTERNAL MARKET: EU/UK agreement, MEPs fear possible unfair UK competition
JUSTICE/HOME AFFAIRS: MEPs question ‘surprises’ that could arise from EU-UK agreement 
SECTORAL POLICIES
TRANSPORT: temporary exemptions on airport slots, Council recommends reducing tolerated threshold for use to 50%
TRANSPORT: European Parliament is counting on Portuguese Council Presidency to reach an agreement on Connecting Europe Facility
ENERGY: Central and Eastern European MEPs worry about start-up of Ostrovets nuclear power plant
BIODIVERSITY: César Luena’s report supports and strengthens EU biodiversity strategy for 2030
BIODIVERSITY: European Parliament gives floor to experts on challenges of healthy ecosystems for humans and planet
FISHERIES: European Parliament Committee on Fisheries calls for a flexible approach to restoring biodiversity
AGRICULTURE: European Commission publishes list of practices eligible for eco-schemes
SPACE:  Josef Aschbacher wants to work with European Commission to develop a “common vision” for 2040
ECONOMY - FINANCE - BUSINESS
TAXATION: OECD works on simplifying international tax reform
BANKS: European Court of Auditors identifies shortcomings in bank resolution planning
EUROGROUP: ministers will discuss ‘euro area’ aspect of European Recovery Plan
ECOFIN: European recovery plan and non-performing bank loans on agenda of EU Finance Ministers
SECURITY - DEFENCE
CSDP: EU is considering redefinition of organisational structure of its civilian missions
EXTERNAL ACTION
TRADE/CLIMATE: Carbon Border Adjustment Mechanism must not be a means of applying protectionism, warns WTO
COURT OF JUSTICE OF THE EU
MIGRATION: Member State must check reception conditions before returning minor, says Court of Justice of EU
TAXATION: Italy has not introduced an unlawful reduction in excise duties in autonomous region of Friuli Venezia Giulia, according to Court
NEWS BRIEFS
FUTURE OF EU: Mr Sassoli stresses importance of taking into account people with disabilities as part of Conference on Future of Europe 
TRADE: EU calls for WTO arbitration procedure to be opened regarding Indonesia’s export restrictions
HUMAN RIGHTS: Kiev’s application against Moscow concerning Crimea is “partially admissible”, according to European Court of Human Rights
FINANCE: MEPs give go-ahead for agreement with EU Council on capital market stimulus package
TAXATION: country by country reporting on agenda of EU Council national experts on 22 January
TAXATION: Austrian and Spanish digital services taxes now also deemed discriminatory by US authorities
TRIBUTE: European politicians pay tribute to Marielle de Sarnez
DIGITAL: Max Schrems abandons legal action against the Irish Data Protection Commission
EUROPEAN PARLIAMENT: January and February plenary sessions will take place online
EUROPEAN PARLIAMENT: change of name of GUE/NGL group to be announced on Monday 18 January
HEALTH: WHO calls on Europe to show solidarity for access to vaccines against Covid-19
SOCIAL: EESC addresses issue of right to disconnection