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Europe Daily Bulletin No. 12895
Contents Publication in full By article 14 / 33
ECONOMY - FINANCE - BUSINESS / Finance

Single market for investment funds is not achieving all its objectives, says European Court of Auditors

“Although the EU’s actions have enabled the establishment of a single market for investment funds, they have not yet produced the expected results” concluded the European Court of Auditors in its special report on investment funds, published on Monday 21 February.

“We did progress with the creation of the single market, but the benefits for investors have not been seen. We should work on legislation to move these projects forward”, suggested Rimantas Šadžius, former Lithuanian...

Contents

EXTERNAL ACTION
UKRAINE: recognition of breakaway regions, EU threatens Russia with sanctions
CIVIL PROTECTION: EU coordinates delivery of humanitarian aid and essential equipment requested by Ukraine to Kiev
MYANMAR: EU imposes fourth round of sanctions on Myanmar officials
UNITED KINGDOM: no breakthrough between Commission and UK government on Northern Ireland Protocol
TRADE/CLIMATE: Discussions on EU’s Carbon Border Adjustment Mechanism must take more account of WTO obligations, says Europe Jacques Delors Institute
SECURITY - DEFENCE
DEFENCE: EU Council extends Coordinated Maritime Presence in Gulf of Guinea and creates new Presence in north-western Indian Ocean
SECTORAL POLICIES
AGRICULTURE: EU Member States express different sensitivities on ‘mirror clauses’
AGRICULTURE: proposal on combating deforestation problematic for EU ministers
AGRICULTURE: European Commission calls on Spain and Portugal to “deal with water management challenges”
BIODIVERSITY: Commission plans to propose mandatory restoration of at least 20% of EU’s terrestrial and marine ecosystems by 2030
CLIMATE: ETS revision, Renew Europe group in European Parliament calls for total elimination of free allowances by 2035
CLIMATE: EU Council calls on Commission to step up its climate diplomacy efforts
TRANSPORT: several MEPs call on European Commission to act on delays in transposing ‘mobility Package I’ new rules
ECONOMY - FINANCE - BUSINESS
FINANCE: single market for investment funds is not achieving all its objectives, says European Court of Auditors
FINANCE: European Commission testing new method to assess profile of retail investor
COMPETITION: Hungarian veto of VIG’s acquisition of AEGON’s Hungarian subsidiaries violates EU rules, says European Commission
INSTITUTIONAL
GENERAL AFFAIRS: Rule of law in Poland, entry of travellers into EU and conference on future of Europe on agenda of EU ministers
EU2022FR: Clément Beaune discusses progress made on French Presidency of EU Council’s priority areas
NEWS BRIEFS
AGRICULTURE: several EU ministers call for mandatory labelling of origin of products
AGRICULTURE: European Commission proposes creation of a ‘think tank’ on pig meat
STATE AID: European Commission approves 2022-2027 regional aid map for Cyprus
MONEY LAUNDERING: Markus Ferber calls for Switzerland to be re-evaluated as a high-risk country for money laundering following ‘Suisse Secrets’ revelations
UNITED STATES: next meeting of EU-US Trade and Technology Council will be held on 15-16 May
EMPLOYMENT: European Commission launches call for evidence on protecting workers from exposure to lead
FISHERIES: EU Council endorses new EU-Gabon fisheries agreement
REGIONS: gross value added produced is falling in Europe, according to Eurostat
SOCIAL: ELA and ROADPOL support a major transport enforcement operation
SYRIA: EU sanctions five members of Makhlouf family
TERRORISM: EU sanctions two groups and two new individuals linked to Al Qaeda and Daesh
TRANSPORT: Europe’s leading rail operators commit to making rail more attractive and environmentally friendly
TRANSPORT: Adina Vălean inaugurates ‘Europe’s Rail Joint Undertaking’, for more affordable and efficient rail transport
UKRAINE: EU sanctions five people linked to elections for Russian Duma held in Crimea
Kiosk
Kiosk: No. 054