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Europe Daily Bulletin No. 12950

12 May 2022
Contents Publication in full By article 27 / 37
EU RESPONSE TO COVID-19 / Budget
Commission issues €9 billion of securities to finance European Recovery Plan

11/05/2022 (Agence Europe) – The European Commission issued, on Wednesday 11 May, an additional €9 billion of securities to finance the Next Generation EU recovery plan. For the first time, it issued securities with a maturity of 3 years (July 2025), up to €6 billion, in order to further diversify its financing strategy. €3 billion of 30-year securities (July 2051) were also issued. Demand for these long-dated securities was 16 times greater than supply, making this the most...

Contents

ECONOMY - FINANCE - BUSINESS
TAXATION: European Commission proposes to tackle debt-equity bias in taxation
FINANCE: provisional agreement on proposal for a ‘DORA’ regulation on operational resilience of financial sector to cyber risks
ECONOMY: Paschal Donohoe in favour of a simple rule capping public spending
SECTORAL POLICIES
CONSUMERS: European Commission proposes to strengthen consumer protection for remotely sold financial services
HOME AFFAIRS: online child exploitation, European Commission wants to impose new monitoring obligations on service providers
DIGITAL: European Commission unveils its strategy for more child-friendly Internet
DIGITAL: artificial intelligence, Tudorache-Benifei report extends list of systems qualified as ‘high risk’
DIGITAL: EU Member States point to lack of maturity of open radio access networks for 5G
CLIMATE: European Parliament negotiators reach a series of compromises on ETS revision
CLIMATE: CO2 emissions from passenger cars, MEPs maintain 0% target for 2035
ENERGY: agreement between Member States on gas storage Regulation
FISHERIES: Experts and MEPs call on EU to set up cormorant management plans
AGRICULTURE: it is difficult to assess improvement in animal welfare brought about by CAP, according to a European Commission study
FOOD SAFETY: EFSA postpones conclusions on glyphosate re-evaluation by one year
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
RULE OF LAW: lack of action by EU Council has turned Hungary into electoral autocracy, laments draft report by European Parliament Committee on Civil Liberties
EXTERNAL ACTION
UNRWA interview: Palestinian refugees feeling abandoned by international community, Philippe Lazzarini warns
JAPAN: EU and Tokyo expected to announce launch of digital partnership at  12 May summit
IRAN: Enrique Mora in Iran to discuss nuclear deal
TRADE: Greenpeace publishes report critical of European Commission-commissioned trade sustainability impact assessments
Russian invasion of Ukraine
HOME AFFAIRS: European Commission submits to Member States an action plan to combat exploitation of refugees from Ukraine
MIGRATION: Council of Europe announces “targeted support” to Czech and Slovak Republics to help them receive vulnerable Ukrainian refugees
WESTERN BALKANS: EU and Western Balkan countries discuss consequences of war in Ukraine
NUCLEAR: Mr Grossi concerned about Zaporizhia power plant
FISHERIES: temporary cessation aid is “not right tool” to deal with crisis, says European Commission
STATE AID: green light for €125 million in Spanish aid for gas-intensive sectors in context of war in Ukraine
EU RESPONSE TO COVID-19
STATE AID: Covid-19, European Commission authorises €698 million Italian aid for tourism sector
BUDGET: Commission issues €9 billion of securities to finance European Recovery Plan
TRANSPORT: EASA abandons its recommendation on mandatory mask wearing at airports and on board flights
COURT OF JUSTICE OF THE EU
COMPETITION: General Court of EU condemns Commission for unjust enrichment in an anti-dumping duty recovery case
NEWS BRIEFS
FOREIGN AFFAIRS: European Commission publishes consolidated list of travel bans
AGRICULTURE: Commissioner Wojciechowski in Turkey for first High Level Dialogue on Agriculture
BIODIVERSITY: EU opens up MapMyTree online platform to citizens for 3 billion extra trees by 2030
ENERGY: Member States’ Foreign Ministers will adopt provisional agreement on revision of TEN-E Regulation on 16 May
ENVIRONMENT: fight against imported deforestation, Greenpeace conducts wildcat operation at port of Amsterdam
NEAR EAST: EU condemns murder of Al-Jazeera journalist
CSDP: Antti Hartikainen’s mandate as head of EUAM Ukraine mission should be extended
SRI LANKA: EU condemns repression of demonstrations in Colombo