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Image header Agence Europe
Europe Daily Bulletin No. 12762
Contents Publication in full By article 17 / 28
ECONOMY - FINANCE - BUSINESS / Ecb

Digital euro could be available by 2026

The Governing Council of the European Central Bank decided, on Wednesday 14 July, to formally launch a two-year pilot project to prepare for the possible issue, three years after, of a digital euro in 2026 (see EUROPE B12581A21).

“In practical terms, this means that we will commit the resources necessary to develop a marketable product. But the decision on whether or not to issue a digital euro will only be taken at a later stage”, said Fabio Panetta, member of the ECB’s Executive...

Contents

CLIMATE - 'FIT FOR 55' LEGISLATIVE PACKAGE
CLIMATE: European Commission presents its ‘Fit for 55’ legislative package, with a major reform of ETS at its heart
CLIMATE: effort sharing for non-ETS sectors, European Commission revises upwards national emission reduction targets for 2030
CLIMATE: European Commission proposes to ban CO2 emissions from cars and vans by 2035
CLIMATE: European Commission proposes measures to encourage Member States to increase their natural carbon sinks
TRADE: European Commission unveils its plan for EU Carbon Border Adjustment Mechanism from 2026
SOCIAL: Social Climate Fund, Commission proposes a financing method that could raise €72.2 billion
TRANSPORT: European Commission unveils plan to gradually make air and maritime transport cleaner
ENERGY: EU should aim for 40% renewable energy and a 36% improvement in energy efficiency by 2030, according to European Commission
TAXATION: European Commission proposes updating Energy Tax Directive
SECTORAL POLICIES
CLIMATE: MEPs welcome ambition of Climate Package, but are concerned about implementation of targets and their social cost
FISHERIES: EU Member States agree on new tariff quotas for fishery products
AGRICULTURE: EU Council to adopt conclusions on ‘Organic Farming Action Plan’ on 19 July
JUSTICE: Anna Carla Almeida’s request to annul appointment of Portuguese prosecutor to European Public Prosecutor’s Office rejected
REGIONS: MEPs call for creation of a new Atlantic macro-region
EU RESPONSE TO COVID-19
HOME AFFAIRS: Member States add Ukraine to list of third countries whose residents can travel within EU again
STATE AID: Covid-19, green light for €2.5 billion Italian scheme to support self-employed and healthcare professionals
ECONOMY - FINANCE - BUSINESS
ECB: digital euro could be available by 2026
TAXATION: MEPs call for rewrite of Code of Conduct on business taxation
INSTITUTIONAL
BUDGET: EU Member States endorse EU Council’s initial position on 2022 draft budget plan
EXTERNAL ACTION
FOREIGN AFFAIRS: Slovenian Presidency of EU Council wants to strengthen transatlantic partnership
GEORGIA: EU regrets appointment of Supreme Court judges, despite international concerns
SECURITY - DEFENCE
SECURITY/DEFENCE: Mr Arbault details European Defence Fund agenda for 2021
COURT OF JUSTICE OF THE EU
POLAND: Court orders Warsaw to suspend application of ‘muzzle law’ on disciplinary regime of judges
STATE AID: EU General Court rejects appeals of Nike and Converse against formal examination of their tax rulings in Netherlands
STATE AID: General Court of European Union dismisses action brought by Ryanair and Laudamotion against emergency aid granted to Austrian Airlines
NEWS BRIEFS
COHESION: green light at European Parliament committee level for interinstitutional agreement on Brexit adjustment reserve
SPACE: ESA gives green light to create new reusable stage in space for future Ariane 6 launcher
RUSSIA: EU denounces conviction of human rights defender Semyon Simonov