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Image header Agence Europe
Europe Daily Bulletin No. 12939
Contents Publication in full By article 12 / 27
ECONOMY - FINANCE - BUSINESS / Competition

Agreement between Madrid, Lisbon and European Commission on a gas price basis

On Tuesday 26 April the Spanish and Portuguese authorities announced an agreement with the European Commission on the setting of a cap on gas prices in view of the specificity of the Iberian peninsula within the internal energy market.

According to the agreement detailed by El País, the price of gas for power plants will be capped at 40 euros per megawatt hour (MWh), with the price set to rise to 50 euros within the next twelve months. This cap will be passed on to Spanish consumers who...

Contents

SECTORAL POLICIES
TRANSPORT: ‘FuelEU Maritime’, French Presidency of EU Council wants to oblige companies to keep monitoring data for 5 years
CLIMATE: French EU Council Presidency submits first draft of a cautious compromise on ETS revision to Member States
BIODIVERSITY: EU and Colombia launch environmental dialogue ahead of COP15
FISHERIES: MEPs back proposal to extend restrictions on access to EU waters by 10 years
FISHERIES: NGOs call for ban on destructive fishing practices in EU marine protected areas
INTELLECTUAL PROPERTY: European Court of Auditors identifies shortcomings and weaknesses in current EU legal framework for IPR protection
INDUSTRY: European Parliament expects plenary vote on semiconductors in early 2023
CIRCULAR ECONOMY: municipal waste recycling, EU off track to meet 2030 target, warns EEA
COURT OF JUSTICE OF THE EU
HOME AFFAIRS: EU Court of Justice sets limits on possibilities for Member States to increase controls at their internal borders
COPYRIGHT: EU Court of Justice validates reform imposing prior review to prevent online posting of protected content
EXTERNAL ACTION
TRADE: Commission notes that SMEs should not be excluded from ban on forced labour products
ECONOMY - FINANCE - BUSINESS
COMPETITION: agreement between Madrid, Lisbon and European Commission on a gas price basis
TAXATION: MEP Lídia Pereira presents her draft report on impact of crypto and blockchain technologies on taxation
TAXATION: ETAF calls for harmonised European approach to role and status of regulated tax advisers
Russian invasion of Ukraine
REGIONS: European Committee of the Regions wants to create a new fund to help local and regional authorities welcome Ukrainian refugees
ENERGY: fifty MEPs call on Olaf Scholz to support introduction of an EU oil embargo on Russia
SOCIAL AFFAIRS
SOCIAL: European trade unions are concerned about European Commission’s vision for implementation of ‘digital platforms’ directive
COUNCIL OF EUROPE
COUNCIL OF EUROPE: war in Ukraine calls for a stronger Council of Europe/European Union partnership, says Parliamentary Assembly
NEWS BRIEFS
HOME AFFAIRS: second political trilogue on ‘critical entities’ directive
STATE AID: 130 million euros Lithuanian scheme for companies affected by Chinese trade restrictions gets green light
STATE AID: Covid-19, approval of 91 million euros Romanian scheme for bovine, pig and poultry producers
TRADE: MEPs adopt report on regulation on foreign subsidies that distort competition
TAXATION: European Commission presents a recommendation to strengthen EU cooperation with Norway on VAT
DIGITAL: Elon Musk’s takeover of Twitter, Thierry Breton insists that social network will have to comply with DSA rules
SUDAN: EU calls for end to deadly violence against civilians in West Darfur
TRANSPORT: European Commission consults to evaluate effectiveness of rules on permitted commercial vehicle weights and dimensions
TURKEY: after sentence pronounced against Mr Kavala, Mr Sánchez Amor and Mr Lagodinsky believe Turkey is pulling further away from EU