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Europe Daily Bulletin No. 12944

4 May 2022
Contents Publication in full By article 24 / 31
ECONOMY - FINANCE - BUSINESS / Finance
European Supervisory Authorities urge European Commission to review framework on retail and insurance-based investment products
Brussels, 03/05/2022 (Agence Europe)

The European Supervisory Authorities (ESAs) - EBA, EIOPA and ESMA - on Monday 2 May published their technical advice to the European Commission on the revision of the EU Regulation on Packaged Retail and Insurance-based Investment Products (PRIIPs) (see EUROPE B12934A18). This opinion will serve as an input to the development of the Commission’s retail investment strategy.

The ESAs recommend significant changes to the PRIIPs Regulation and encourage the Commission to consider a broad...

Contents

EUROPEAN PARLIAMENT PLENARY
EP2024: European Parliament narrowly approves creation of a European electoral constituency
FUTURE OF THE EU: European integration is “best ally” for tackling challenges facing EU, says Mario Draghi
RULE OF LAW: European Parliament set to denounce, once again, inaction of EU Council on breaches of Rule of law in Hungary and Poland
MEDIA: MEPs insist on better protection for journalists
DIGITAL: European Parliament sets out a roadmap to 2030 for closing the EU's artificial intelligence gap 
AGRICULTURE: European Parliament supports development of organic farming, but without 25% target by 2030 set out in ‘Farm to Fork’ strategy
FISHERIES: MEPs call on EU to ban use of “harmful fishing techniques” in its strictly protected marine areas
ENVIRONMENT: European Parliament calls for elimination of persistent organic pollutants from waste for a non-toxic circular economy
TAXATION: European Parliament approves extension of optional reverse charge mechanism to combat VAT fraud
COURT OF AUDITORS: MEPs back nomination of new Cypriot and Maltese members
SECTORAL POLICIES
HEALTH: European Commission reveals its proposal for a two-pillar European Health Data Space Regulation
REGIONS: strategy for outermost regions, European Commission wants to tailor its advice more closely to needs on ground
CLIMATE: French Presidency of EU Council submits new options for ETS2 and Social Climate Fund
BIODIVERSITY: COP15 and new marine protected areas at heart of Virginijus Sinkevičius’s visit to Argentina
AGRICULTURE: most EU Member States welcome proposal on geographical indications
INTERNAL MARKET: MEPs tighten control conditions on AI-driven machines
Russian invasion of Ukraine
DEFENCE: EPP group in European Parliament wants to go further in sending arms to Ukraine
ENERGY: Sofia calls on EU to review solidarity mechanisms to help it cope with Russian gas cut-off
ENERGY: EU’s exit from Russian energy must not make it dependent on fossil fuels from other countries, warn eleven former EU commissioners
COHESION/MIGRATION: ten EU countries call for revision of cohesion fund rules to help refugees fleeing Ukraine
RUSSIA: European Commission to present 6th sanctions package on Wednesday
STATE AID: green light for €18 million in Spanish aid for fisheries sector in context of invasion of Ukraine
ECONOMY - FINANCE - BUSINESS
EMU: encouraging start to Eurogroup discussions on completing banking union
FINANCE: European Supervisory Authorities urge European Commission to review framework on retail and insurance-based investment products
EXTERNAL ACTION
TRADE: MEPs adopt their position on revision of Generalised Scheme of Preferences
WTO: WTO members to consider quadrilateral agreement on Covid-19 vaccine patent waiver
NEWS BRIEFS
STATE AID: Covid-19, European Commission approves €6.8 million Greek support for Ellinair
DEMOCRACY: applications open for Daphne Caruana Galizia Prize for Journalism
ECONOMY: EU Council gives green light to Bulgarian and Swedish recovery plans
ENLARGEMENT: Alexander Schallenberg calls for a rethink of EU accession process
SEAS: eight EU countries have not established ‘maritime spatial plans’