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Image header Agence Europe
Europe Daily Bulletin No. 12684
Contents Publication in full By article 15 / 40
EU RESPONSE TO COVID-19 / Banks

Andrea Enria justifies gradual resumption of dividend payments by banking sector

The chair of the Supervisory Board of the Single Supervisory Mechanism (SSM), Andrea Enria, said that the big banks in the euro area banking union would pay “€10 billion” in dividends to their shareholders in early 2021 as part of a gradual resumption of such payments after the ban imposed in 2020 due to the outbreak of the Covid-19 pandemic.

Asked by Ernest Urtasun (Greens/EFA, Spain) and Aurore Lalucq (S&D, France), Mr Enria said that the 2020 ban was justified. In 2021, he argued,...

Contents

SECTORAL POLICIES
FISHERIES: EU Council agreement on four-month extension of 2021 transitional quotas with UK
AGRICULTURE: EU Council tentatively opens door to European Parliament concessions on CAP reform
CLIMATE/FINANCE: European Commission proposes new criteria for EU taxonomy to Member States
ENVIRONMENT: MEPs lobby Commission to halt export of banned pesticides in EU
HEALTH: decisive moment in EU Council on health technology assessment
ENERGY: MEPs favour renewable hydrogen, but do not completely close door on low-carbon hydrogen
ENERGY: MEPs seek to promote integration of EU’s energy system
INDUSTRY/REGIONS: Elisa Ferreira insists that lithium extraction should be done in cooperation with local people for Battery Alliance
RESEARCH: Horizon Europe, exclusion of associated countries from 2021-2022 work programme causes concern
JUSTICE: e-Evidence, continuing disagreement between European Parliament and EU Council on reimbursement of costs
JUSTICE: more demand for support from Eurojust in 2020
HOME AFFAIRS: MEPs still need to be convinced about added value of international ‘PNR’ agreements
EU RESPONSE TO COVID-19
HEALTH: criticised for delays in delivery of Covid-19 vaccines, European Commission accuses AstraZeneca
TRADE: European Commission to present review of Covid-19 vaccine export transparency mechanism
BANKS: Andrea Enria justifies gradual resumption of dividend payments by banking sector
SOCIAL: EU Council greenlights activating SURE instrument for Estonia
PATENTS: EPO referral on updating 2023 strategic plan in light of Covid-19
SECURITY - DEFENCE
NATO: member countries’ Foreign Ministers reaffirm their commitment to Alliance
EXTERNAL ACTION
BOSNIA AND HERZEGOVINA: country should remain in EU’s sights, argue six Member States
GEORGIA: EU will continue its mediation efforts
AFRICA: broad consensus in European Parliament in favour of a renewed EU/Africa strategy focusing on human development
TRADE: Commission consults on next EU instrument to counter coercive practices 
ECONOMY - FINANCE - BUSINESS
FINANCE: MEPs explore ways to reform supervision and audit with experts after ‘Wirecard’ case
TAXATION: MEPs adopt report on digital taxation with overwhelming majority
INSTITUTIONAL
BUDGET: MEPs recommend postponing decision relating to discharging Frontex’s expenditure in 2019
FUTURE OF EU: kick-off meeting of Executive Committee of Conference on Future of Europe
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
MEDIA: before drafting its recommendations on safety of journalists, Commission engages into dialogue with stakeholders
COURT OF JUSTICE OF THE EU
CONSUMERS: CJEU says airline must compensate passengers after flight cancelled due to strike organised by staff trade union
NEWS BRIEFS
STATE AID: Austria can pay €146.5 million to companies active in microelectronics sector
INSURANCE: Paolo Cadoni, Petra Hielkema and Christian Thimann shortlisted to head EIOPA
COMPETITION: EssilorLuxottica’s acquisition of GrandVision conditionally approved
ENERGY: MEPs endorse Cristian Buşoi’s draft report on revision of ‘Research Fund for Coal and Steel’
UNITED STATES: Valdis Dombrovskis and Katherine Tai, new US Trade Representative, commit to cooperation
FINANCE: European Commission is considering designating replacement rate for Swiss franc LIBOR
NIGER: EU again expresses its solidarity with people of Niger following terrorist attacks
REGIONS: European Committee of Regions launches new award in honour of Paweł Adamowicz
EUROPEAN SUMMIT: Mr Michel invites US President to discussion with EU leaders on Thursday evening
TRANSPORT: European Parliament’s Sky & Space Intergroup calls for 2022 to be “European Year of Aviation”
UKRAINE: European Parliament and Verkhovna Rada strengthen their cooperation
YEMEN: EU welcomes Saudi Arabia’s ceasefire proposal