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Image header Agence Europe
Europe Daily Bulletin No. 12946
Contents Publication in full By article 23 / 31
COURT OF JUSTICE OF THE EU / Banks

Portuguese rules used for resolution of Banco Espírito Santo are compatible with property rights, says EU Court of Justice

The Portuguese Regulation on which the resolution of Banco Espírito Santo (BES) in August 2014 was based is compatible with the right to property, the Court of Justice of the European Union ruled on Thursday 5 May (Case C-83/20).

Two companies holding subordinated bonds issued by BES and shareholdings in the Portuguese bank are challenging in the Portuguese courts the compatibility of the Portuguese Regulation on the resolution of credit institutions with EU law and the provisions of the...

Contents

Russian invasion of Ukraine
HUMANITARIAN AID: over €6.5 billion pledged by EU and international community in solidarity with Ukrainian people
RUSSIA: Charles Michel calls for confiscation of assets of sanctioned Russians
HOME AFFAIRS: European Commission issues guidelines to help Member States implement partial suspension of visa facilitation regime for Russia
HEALTH: ECDC, EASL and WHO Europe issue recommendations for optimal management of viral hepatitis in EU for people fleeing Ukraine
EUROPEAN PARLIAMENT PLENARY
MOLDOVA: European Parliament calls on EU to increase support for Chisinau, including by granting it EU candidate status
WOMEN’S RIGHTS: European Parliament strongly condemns use of sexual violence as a weapon of war
RULE OF LAW: European Parliament denounces EU Council’s inaction on Treaty’s ‘Article 7’ procedures
HOME AFFAIRS: European Parliament confirms opening of negotiations with EU Council on extension of legal basis of EU Covid certificate
AFRICA: European Parliament calls for greater EU involvement in Sahel and Sahara regions
TURKEY: European Parliament calls for immediate and unconditional release of Osman Kavala
CHINA: European Parliament condemns illegal removal of organs from Chinese prisoners
CAMBODIA: European Parliament urges Phnom Penh government to stop repression of political opponents
COMPETITION: competition rules need to be reviewed in several areas, say MEPs
TRANSPORT: war in Ukraine, MEPs adopt resolution calling for more aid to transport and tourism sectors
EUROPEAN PARLIAMENT: MEPs oppose collection of their fingerprints for recording attendance in European Parliament
SECTORAL POLICIES
AGRICULTURE: mirror clauses can be considered “on a case-by-case basis”, according to a draft version of report from European Commission
ENERGY: first draft compromise of French Presidency of Council on revision of EPBD
ENERGY: Five Member States call on Commission to set a European target of at least 1 TW of PV capacity by 2030
MIGRATION: French Presidency proposes to include persons rescued at sea in Eurodac as well as refugees benefiting from temporary protection
INTERNAL MARKET: European standardisation bodies’ decision-making process, Member States will adopt their position on Wednesday 11 May
EXTERNAL ACTION
JAPAN: EU-Japan Summit to be held in Tokyo on 12 May
WTO: Ngozi Okonjo-Iweala urges Member States to achieve results at 12th Ministerial Conference
COURT OF JUSTICE OF THE EU
BANKS: Portuguese rules used for resolution of Banco Espírito Santo are compatible with property rights, says EU Court of Justice
CONSUMERS: for CJEU, consumers must be informed about guarantee of a product manufactured by a third party if it is a selling point
ENVIRONMENT: Member States can be held liable for health damage resulting from excessive air pollution, says Advocate General
ECONOMY - FINANCE - BUSINESS
FINANCE: European Banking Authority opinion on non-bank lending
COUNCIL OF EUROPE
COUNCIL OF EUROPE: not to exclude Russia would have compromised credibility of Council of Europe “past breaking point”
NEWS BRIEFS
ENERGY: European Commission plans to present a European plan for energy savings in framework of REPowerEU
ENERGY: commissioning of a gas interconnection between Poland and Lithuania
SPACE: European Commission and Panama announce forthcoming creation of a regional Copernicus data centre
MOLDOVA: EU mobilises further €52 million to strengthen resilience, recovery, and long-term reforms