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Europe Daily Bulletin No. 12918

25 March 2022
Contents Publication in full By article 32 / 39
ECONOMY - FINANCE - BUSINESS / Ecb
Monetary institute is phasing out easing of its collateral requirements in exchange for bank liquidity
Brussels, 24/03/2022 (Agence Europe)

The European Central Bank continues to normalise its monetary policy. On Thursday 24 March, it announced that it would phase out major easing of the requirements for collateral that banks provide in exchange for liquidity by March 2024.

These easing measures were put in place in April 2020 at the outbreak of the Covid-19 pandemic to allow the banking sector to continue lending to economic operators (see EUROPE B12464A28 and B12473A17).

From 8 July this year, the reduction applied by the...

Contents

EUROPEAN COUNCIL
UKRAINE/RUSSIA: Europeans ready to quickly adopt new “robust” sanctions against Russia
MIGRATION/HUMANITARIAN AID: EU Member States pledge to step up their efforts to receive refugees fleeing Ukraine 
EUROPEAN COUNCIL: Charles Michel re-elected until end of November 2024
Russian invasion of Ukraine
NATO: allies extend Stoltenberg’s mandate by one year
G7: Russian invasion of Ukraine, G7 countries further strengthen their cooperation
MIGRATION: EU Member States urged to commit to relieving Moldova of burden of receiving refugees from Ukraine
COHESION: European Commission announces new measures to help EU regions welcome Ukrainian refugees
SOCIAL: Tripartite Social Summit: social partners united in face of Russian invasion of Ukraine
UKRAINE/RUSSIA: EU and Canada to step up cooperation on energy and humanitarian aid
CIVIL PROTECTION/HUMANITARIAN AID: logistics hub in Slovakia is operational to help deliver EU emergency aid to Ukraine
EUROPEAN PARLIAMENT PLENARY
ENERGY: idea of capping energy prices divides Member States, French EU Council Presidency acknowledges to MEPs
ENERGY: MEPs call on Commission to prepare coordinated exit of EU countries from Energy Charter Treaty
AGRICULTURE: European Parliament calls for “urgent action plan” by EU to ensure food security at a time of war in Ukraine
BUDGET: European Parliament calls for more robust rules to better protect EU funds from oligarchs
COHESION: European Parliament gives green light to CARE initiative after Russian invasion of Ukraine
ECONOMY: European Parliament green light for further €150 million macrofinancial assistance to Moldova
MONEY LAUNDERING: ‘Suisse Secrets’ scandal sparks MEPs’ anger
DIGITAL: telecoms, MEPs approve ten-year extension of free data roaming
JUSTICE: European Parliament gives positive opinion on four EU Council decisions on automated data exchange
JUSTICE: European Parliament endorses Interinstitutional Agreement on “e-CODEX” regulation
EUROPEAN PARLIAMENT: European Parliament validates composition of three new committees
EUROPEAN PARLIAMENT: 2023 plenary session calendar adopted
EUROPEAN PARLIAMENT: MEPs waive parliamentary immunity of Włodzimierz Cimoszewicz
FINANCE: European Parliament approves agreement with EU Council on pilot regime for market infrastructures
SECTORAL POLICIES
DIGITAL: European Parliament and EU Council reach provisional agreement on DMA
HOME AFFAIRS: Schengen Area reform, first frictions in EU Council on procedures for taking back irregular migrants
SPACE: European Commission assures that Russian withdrawal from Guiana space centre has a “ limited” impact on continuation of European programmes
AGRICULTURE: EU professionals satisfied with new food safety guidelines, unlike NGOs
FISHERIES: EU experts say it is time to include recreational sea fishing into the Common Fisheries Policy
EU RESPONSE TO COVID-19
HEALTH: EU strengthens partnership with WHO to support local production and access to mRNA vaccines in Africa
SOCIAL: coronavirus, successful implementation of SURE is confirmed
ECONOMY - FINANCE - BUSINESS
ECB: monetary institute is phasing out easing of its collateral requirements in exchange for bank liquidity
COURT OF JUSTICE OF THE EU
COPYRIGHT: cloud storage services fall under private copying exception, says Court of Justice of EU
FOOD SAFETY: words ‘vitamin A’ or ‘vitamin D’ sufficient to designate vitamin present in foodstuff, according to European Court of Justice 
NEWS BRIEFS
ENERGY: Commission plans to present its 'REPowerEU' plan on 18 May
FINANCE: a €186,000 fine imposed on the REGIS-TR trade repository
JUSTICE: Bulgarian Parliament votes to end golden passports
KOSOVO: France, Italy, Germany, US and UK disappointed with rejection of Serbia vote plan
DIGITAL: consultation on cyber and information security in the EU institutions