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Europe Daily Bulletin No. 12951

13 May 2022
Contents Publication in full By article 23 / 35
ECONOMY - FINANCE - BUSINESS / Finance
MEPs disagree on how to stimulate use of ELTIF long-term investment funds
Brussels, 12/05/2022 (Agence Europe)

On Wednesday 11 May, MEPs on the Economic and Monetary Affairs Committee discussed the amendment of the regulation (2015/760) on European Long-Term Investment Funds (ELTIF) (see EUROPE B12840A6, B12837A8). Included in the Capital Markets Union package, this revision aims to stimulate ELTIF investments, which have been little used so far.

“We now face a unique opportunity in the coming months to fix the framework of European long-term investment funds”, said Parliament’s rapporteur...

Contents

Russian invasion of Ukraine
NATO: Finnish President and Prime Minister announce their support for their country joining NATO
FINLAND: Mr Haavisto calls for closer cooperation with Ukraine
ENERGY: REPowerEU, a draft document lifts veil on European Commission’s plan to move EU away from Russian fossil fuels by 2027
TRANSPORT: European Commission presents its plan to create ‘solidarity lanes’ with Ukraine
MIGRATION: European Parliament Committee on Civil Liberties members point out shortcomings in care of Ukrainian refugees
EXTERNAL ACTION
JAPAN: EU and Tokyo join hands to face a destabilising Russia
UNITED KINGDOM: first meeting of EU-UK Parliamentary Assembly is held against a background of high tensions over Northern Ireland Protocol
BAHRAIN: Bahraini Parliament Speaker calls for stronger relations with EU
SECTORAL POLICIES
CLIMATE: European Parliament negotiators want to introduce a bonus-malus system linked to free allowances
ENVIRONMENT: persistent organic pollutants, European Parliament/EU Council negotiations will continue at end of May
SPACE: MEPs intend to call on European Commission to present legislation on space traffic management before 2024
DIGITAL: ‘Path to the Digital Decade’, EU Council sets out its position for future inter-institutional negotiations
INDUSTRY: MEP Tom Berendsen wants to see step change in implementation of EU industrial strategy
HOME AFFAIRS: European SMEs are unevenly prepared to respond to cybercrime attacks, reveals a new Eurobarometer
JUSTICE: MEPs concerned about security and data protection in legislative proposals to modernise justice system
JUSTICE: data transfers and adequacy decisions, European Data Protection Board presents its annual report 2021
FISHERIES: Commissioner Virginijus Sinkevičius is determined to act on bottom trawling
FISHERIES: transparent allocation of fishing quotas in EU countries is needed, say MEPs
FISHERIES: MEPs approve conclusion of new EU/Mauritania agreement
EU RESPONSE TO COVID-19
HEALTH: Stella Kyriakides takes stock of European response to Covid-19 pandemic with MEPs
HEALTH: EU and US determined to accelerate global vaccination, starting in Africa
STATE AID: Covid-19, European Commission is phasing out ‘Temporary Framework’ for aid, which expires at end of June
ECONOMY - FINANCE - BUSINESS
FINANCE: MEPs disagree on how to stimulate use of ELTIF long-term investment funds
ECB: first increase in key rates possible as early as July
COURT OF JUSTICE OF THE EU
EMPLOYMENT: EU Court of Justice clarifies rules for temporary agency workers on unused paid leave
COMPETITION: EU Court of Justice specifies criteria for defining whether incumbent energy operator’s dominant position is abusive
COUNCIL OF EUROPE
FUNDAMENTAL RIGHTS: Council of Europe calls on Austria to improve reception and integration of migrants and respect for women’s rights
HOME AFFAIRS: opening for signature of a protocol to Convention on Cybercrime governing disclosure of electronic evidence
NEWS BRIEFS
FOREIGN AFFAIRS: new European Parliament Special Committee on Foreign Interference keeps same bureau as previous committee
ENERGY: IEA expects record global renewable energy growth in 2022
ENERGY: EU gas demand forecast for 2030 could cost EU an extra €250 billion, according to an NGO report
ENVIRONMENT: European Commission consults public to assess Environmental Liability Directive
MIDDLE EAST: EU condemns approval of several thousand housing units in settlements
SOCIAL/CLIMATE: Sara Matthieu reports agreement in European Parliament on main features of Social Climate Fund
Op-Ed
ENLARGEMENT: The Republic of Moldova is more important than ever for the security of the EU - by Siegfried Mureșan