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Europe Daily Bulletin No. 12755

6 July 2021
Contents Publication in full By article 13 / 32
ECONOMY - FINANCE - BUSINESS / State aid
In-depth investigation into EUR 190 million in aid granted by Romania in favour of TAROM
Brussels, 05/07/2021 (Agence Europe)

The European Commission decided on Monday 5 July to open an in-depth investigation into EUR 190 million in aid granted by Romania to the airline TAROM.

TAROM, a Romanian state-owned airline, has been experiencing financial difficulties for years. It received a temporary rescue loan from Romania of approximately EUR 36.7 million, after approval by the Commission, in February 2020. On 28 May 2021, Romania notified the Commission of a plan for the restructuring of TAROM.

Romania plans to...

Contents

SECTORAL POLICIES
CLIMATE: Commission wants to target 310 million tonnes of CO2 equivalent absorbed by 2030, according to draft revision of ‘LULUCF’ regulation
CLIMATE: revision of EU Energy Efficiency Directive takes shape
ENVIRONMENT: polluter pays principle too often morphs into taxpayer pays principle, says European Court of Auditors
FOOD: European Commission and food industry launch Code of Conduct on Responsible Food Business
AGRICULTURE: new CAP, forests, organic farming, and future of rural areas on agenda of Slovenian Presidency of EU Council
FISHERIES: European Commission proposes to extend restrictions on access to EU waters for ten years
SPACE: space traffic management, US presence in a study commissioned by European Commission raises questions
COMPANIES: process of appointing EU’s SME Envoy is still not “finalised”, says European Commission 
CIVIL PROTECTION: EU helps Cyprus to fight forest fires
ECONOMY - FINANCE - BUSINESS
TAXATION: energy taxation, European Commission ready to end incentives to use fossil fuels
TAXATION: Pillar I of latest international tax reform will affect only 78 of world’s 500 largest companies, according to EconPol
BANKS: endowment of Single Resolution Fund expected to exceed €70 billion in 2024
STATE AID: in-depth investigation into EUR 190 million in aid granted by Romania in favour of TAROM
COMPETITION: European Commission opens in-depth investigation into proposed merger of Cargotec and Konecranes
ECONOMY: Bruno Le Maire advocates for a permanent debt system at European level
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
DEMOGRAPHY: MEPs still divided on position to be taken on ageing population
EXTERNAL ACTION
NEAR EAST: EU denounces latest Israeli demolitions in East Jerusalem
TRADE/CLIMATE: European Commission does not plan to exempt least developed countries from EU’s Carbon Border Adjustment Mechanism
INSTITUTIONAL
EEAS: High Representative announces 21 new directors and heads of delegation
NEWS BRIEFS
HOME AFFAIRS: public consultation on new firearms rules
HUMANITARIAN AID: EU mobilises €25 million in emergency aid for Afghanistan
WESTERN BALKANS: Berlin process, European Commission emphasises its commitment to region
BANKS: European Banking Authority’s revised guidelines on remuneration policies
CLIMATE/TRANSPORT: industry calls on European Commission to focus on renewable and sustainable fuels
CULTURE: 50 MEPs call for further territorial licensing of film rights
UNITED STATES: EU welcomes moratorium on federal executions
TAXATION: European Commission consults on how to better fight shell companies
GEORGIA: international community condemns violence
JUSTICE: European Public Prosecutor’s Office and OLAF sign working arrangement
MIGRATION: Commission calls on Member States to coordinate disembarkation of migrants rescued at sea
MIGRATION: European Commission to hold international refugee resettlement forum on 9 July
Kiosk
Kiosk: No. 041