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Europe Daily Bulletin No. 12774

24 August 2021
Contents Publication in full By article 11 / 27
EU RESPONSE TO COVID-19 / State aid
Green light for new synthetic securitisation product for 22 Member States
Brussels, 23/08/2021 (Agence Europe)

On Monday 16 August, the European Commission authorised the introduction of a new product in the form of guarantees on synthetic securitisation tranches under the European Guarantee Fund managed by the European Investment Bank Group to support companies affected by the coronavirus pandemic in the 22 participating Member States (see EUROPE B12640A4).

This new product, for which a specific budget of €1.4 billion is planned, should make it possible to mobilise at least €13 billion of new...

Contents

BEACONS
Beacons: Afghanistan – a cruel new challenge for the West
EXTERNAL ACTION
AFGHANISTAN: after fall of Kabul, EU and international community mobilise
UKRAINE: despite annexation by Russia, “Crimea is Ukrainian”, says EU
NICARAGUA: EU sanctions eight more Nicaraguan officials
EU RESPONSE TO COVID-19
ECONOMY: eight EU countries’ recovery plans receive pre-financing
HOME AFFAIRS: European Commission adopts equivalence decisions for five third countries with digital Covid-19 certificate
HEALTH: EU will be able to purchase up to 200 million doses of Covid-19 candidate vaccine developed by Novavax
HEALTH: seven potential treatments for Covid-19 are now under review by EMA
NEIGHBOURHOOD: EU to spend an additional €35 million on Covid-19 vaccination in Eastern Partnership countries
COHESION: more than half of REACT-EU initiative’s resources have already been mobilised
STATE AID: green light for new synthetic securitisation product for 22 Member States
STATE AID: green light for €550 million German aid to compensate Deutsche Bahn for damages suffered by DB Fernverkehr
STATE AID: European Commission approves €108 million in Danish aid for Bavarian Nordic’s research and development activities
SECTORAL POLICIES
MIGRATION: four Member States call on UN to engage with influx of migrants from Belarus
ENERGY: Berlin struggles to reassure Kiev over Nord Stream 2 pipeline
GMO: European Commission gives green light to ten GMO food and feed crops
AGRICULTURE: European Commission acts to boost farmers’ cash flow
AGRICULTURE: rules for labelling origin of meat remain relevant, according to consumers
TRANSPORT: European Commission launches initiative to boost combined transport
ECONOMY - FINANCE - BUSINESS
COMPETITION: investigation into a possible breach of standstill obligation in Illumina/GRAIL transaction
NEWS BRIEFS
CITIZENSHIP: European Commission registers citizens’ initiative for deposit system for plastic bottle recycling
COMPETITION: in-depth investigation into Facebook’s proposed acquisition of Kustomer
ECONOMY: euro area inflation at 2.2% in July
ENVIRONMENT: European Commission consults on revision of labelling rules for chemical substances
FINANCE: European Commission consults on its draft statutory replacement rate for Swiss Franc LIBOR
TAXATION: Barbados joins agreement on international corporate tax reform
JUSTICE: European Public Prosecutor’s Office investigates VAT fraud of over €14 million