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Europe Daily Bulletin No. 12754

3 July 2021
Contents Publication in full By article 25 / 31
NEWS BRIEFS / Taxation
European Commission consults on its future DEBRA directive to reduce debt/equity bias

02/07/2021 (Agence Europe) – On Thursday 1 July, the European Commission launched a public consultation on its future directive (Debt-Equity Bias Reduction Allowance – DEBRA), which is expected to come into force in the first half of 2022. This initiative aims to encourage companies to finance their investments through equity contributions instead of resorting to debt, as announced in its May communication on business taxation (see EUROPE B12720A15). The future directive should...

Contents

INSTITUTIONAL
EU2021SI: daggers drawn between Slovenian government and Executive Vice-President of European Commission, Frans Timmermans
PARLIAMENTARY PLENARY: July session will be dominated by Rule of law issue and marked by visit of Slovenian Prime Minister, Janez Janša
FUTURE OF EU: sixteen national far-right parties sign declaration against construction of European “superstate”
EXTERNAL ACTION
FOREIGN AFFAIRS: Slovenian EU Council Presidency to focus on Western Balkans
EASTERN PARTNERSHIP: EU programme emphasises respect for Rule of law
WTO: fisheries subsidies negotiations move forward with revised text presented in Geneva
SECTORAL POLICIES
CLIMATE/FINANCE: Commission’s Scientific Service report on inclusion of nuclear power in EU taxonomy receives a relatively positive assessment
CLIMATE/FINANCE: five Member States urge Commission to keep nuclear power out of EU taxonomy
SPACE: Slovenian Presidency of EU Council to focus on space traffic management and European Secure Connectivity Initiative
JUSTICE: Laura Kövesi updates European Parliament Conference of Presidents on challenges facing European Public Prosecutor’s Office
MIGRATION: UNHCR and IOM call on Slovenia to use its Presidency to better protect migrants and refugees
CONSUMERS: General Product Safety Directive revision proposal welcomed ahead of debate on 13 July
AGRICULTURE: EU trade organisations vary in their satisfaction with CAP agreement
ENVIRONMENT: EEB sets out ten criteria against which it will assess Slovenian Presidency of EU Council’s performance
EU RESPONSE TO COVID-19
ECONOMY: extraordinary ‘Ecofin’ Council meeting scheduled for 26 July to adopt latest national recovery plans
ECONOMY: Greens/EFA group in European Parliament urges Commission to rigorously assess national recovery plans
HEALTH: MEPs on public health are concerned about UK hosting last Euro football matches
COHESION: European Commission approves € 311 million for Germany, France and Latvia under REACT-EU
STATE AID: Covid-19, green light for €39.7 million Italian aid to support Alitalia
ECONOMY - FINANCE - BUSINESS
TAXATION: LuxLetters, Luxembourg’s tax practices under fire again
COUNCIL OF EUROPE
FUNDAMENTAL RIGHTS: Council of Europe Commissioner for Human Rights calls for repatriation of EU nationals held in Syrian camps
NEWS BRIEFS
EMPLOYMENT: unemployment fell slightly in May, according to Eurostat
ENERGY: European Commission updates platform for monitoring energy efficiency financing
ENERGY: revision of TEN-E regulation, delay in negotiations between the political groups in European Parliament
TAXATION: European Commission consults on its future DEBRA directive to reduce debt/equity bias
MEDIA: ten European public broadcasting groups join forces to launch joint news service
UNITED KINGDOM: over 6 million EU nationals have applied for permanent residence in UK
TRANSPORT: public consultation for safe, accessible, inclusive and zero-emission urban transport
TRANSPORT: European Commission consults on review of mandate of European Maritime Safety Agency
CALENDAR
Main activities of the European institutions: until 9 July 2021
CALENDAR EXTRA
Other events: until 8 July 2021