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Image header Agence Europe
Europe Daily Bulletin No. 12868
Contents Publication in full By article 15 / 33
ECONOMY - FINANCE - BUSINESS / Competition

European Commission prohibits proposed acquisition of Daewoo Shipbuilding & Marine Engineering by Hyundai Heavy Industries Holdings

The European Commission decided on Thursday 13 January to prohibit the acquisition of Daewoo Shipbuilding & Marine Engineering CO., Ltd (DSME) by Hyundai Heavy Industries Holdings (HHIH).

The merger between the two South Korean shipbuilders would have created a dominant position by the new merged company and reduced competition in the global market for the construction of large liquefied natural gas (LNG) carriers. The parties did not formally propose any remedies to address the...

Contents

SECURITY - DEFENCE
MALI: EU maintains its training mission and prepares sanctions against junta
UKRAINE: EU strengthens its support for Kiev
DEFENCE: Europeans refine ‘strategic compass’
EXTERNAL ACTION
TRADE: Christophe Hansen’s report on distortive foreign subsidies aligns with European Commission’s proposal
SECTORAL POLICIES
MIGRATION: exceptional measures for Poland, Lithuania and Latvia, European Parliament is still not convinced of relevance of Commission’s text
MIGRATION: Mattias Tesfaye justifies Danish government’s new asylum policy
TRANSPORT: ‘Fit For 55’, Bogusław Liberadzki issues reminder about sector’s employees in green transition
TRANSPORT: ‘ReFuelEU Aviation’, French EU Council Presidency takes stock of differences on sustainable alternative fuels
ANIMAL HEALTH: Greens/EFA Group hopes that European Parliament will strengthen recommendations on animal transport in plenary
ENVIRONMENT: European Commission may cut EU funds to Poland over Turów mine case
ENVIRONMENT: MEPs endorse European Parliament/EU Council agreement on 8th General Environment Action Programme for 2021-2030
CLIMATE: MEPs want to avoid politicising review of ETS ‘market stability reserve’
CLIMATE: EU Member States expect a decline in emissions covered by ETS to slow down over next few decades, according to EEA
SPACE: work programme of French Presidency of EU Council becoming clearer
ECONOMY - FINANCE - BUSINESS
COMPETITION: European Commission prohibits proposed acquisition of Daewoo Shipbuilding & Marine Engineering by Hyundai Heavy Industries Holdings
BANKS: targeted revision of BRRD, Jonás Fernández says he is not defending the Spanish cause
FINANCE: voluntary nature of European standard on ‘green’ bonds debated in European Parliament
EUROGROUP: economic situation, reform of fiscal rules and Banking Union on agenda of euro area finance ministers
INSTITUTIONAL
BUDGET: proposals on new own resources leave MEPs wanting more
EU RESPONSE TO COVID-19
DEVELOPMENT: Covid-19, vaccination in poor countries and especially in Africa remains a priority for MEPs in 2022
ECONOMY: Romanian recovery plan receives second pre-financing
COURT OF JUSTICE OF THE EU
ENVIRONMENT: Court rules inadmissible action of three European capitals against EU law setting emission limits for passenger cars
EMPLOYMENT: according to CJEU, suitability certificate issued by an ecclesiastical authority cannot justify renewing fixed-term contracts
COUNCIL OF EUROPE
FUNDAMENTAL RIGHTS: Commissioner for Human Rights denounces Hungary's manipulation of LGBTI rights
MONEY LAUNDERING: Cyprus makes progress in fight against money laundering, says Council of Europe report
NEWS BRIEFS
CLIMATE: rate of CO2 addition to atmosphere is set to slow by about 20% over next five years, according to UK weather service
COHESION: European Commission launches ex-post evaluation on ERDF 2014-2020
EMPLOYMENT: Employment rate in European Union at 73.5%, according to Eurostat
ENERGY: International Energy Agency points to Russia's role in Europe's rising energy prices
YOUTH: proposal for recommendation on cross-border youth volunteering
JUSTICE: MEPs approve Interinstitutional Agreement on e-CODEX regulation
SOCIAL: ETUI publishes a study calling for a review of Work-Life Balance Directive
CORRIGENDUM
CLIMATE: clarification regarding article “Proposals of European Parliament rapporteur, Peter Liese, on revision of ETS”