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Europe Daily Bulletin No. 12954

18 May 2022
Contents Publication in full By article 32 / 36
NEWS BRIEFS / Industry
European Commission clarifies logic behind its proposal on semiconductors

17/05/2022 (Agence Europe) – On Thursday 12 May, the European Commission published the Staff Working Document on its European Chips Act proposal, a document eagerly awaited by the Member States in order to make progress in the EU Council negotiations (see EUROPE B12929A28). The 120-page document covers all aspects of semiconductors, such as value chains (Chapter 1), shortages and disruptions (Chapter 2), market trends (Chapter 3) and technological developments (Chapters 4, 5 and 6). The...

Contents

BEACONS
Beacons: The future of Europe deserves more than a conference with no meaningful follow-up (2)
CLIMATE - 'FIT FOR 55' LEGISLATIVE PACKAGE
CLIMATE: ETS revision, MEPs want to postpone introduction of a carbon market for buildings and road transport until 2029
CLIMATE: review of ETS for aviation, MEPs want to eliminate 50% of free allowances in 2024
CLIMATE: climate effort sharing, MEPs retain 2030 national targets proposed by European Commission
CLIMATE: revision of LULUCF regulation, MEPs support a CO2 absorption target of at least 310 million tonnes by 2030
CLIMATE/TRADE: MEPs call for EU carbon border adjustment mechanism to be operational from 2025
TRANSPORT: ‘FuelEU Maritime’, Jörgen Warborn plays it safe in face of potential future renewable fuel supply difficulties
Russian invasion of Ukraine
NATO: EU Defence Ministers support Finland and Sweden’s application for NATO membership
UKRAINE: Mr Borrell thinks EU military support is making a difference on the ground
TRADE: MEPs approve temporary full liberalisation of imports from Ukraine
ENERGY: no agreement between EU co-legislators on gas storage at end of first session of interinstitutional negotiations
TRANSPORT: in European Parliament committee, Ukrainian Infrastructure minister stresses need to increase transhipment capacity
AGRICULTURE: all mechanisms to move grain and fertiliser out of Ukraine are useful, says FAO’s Maximo Torero
HUMAN RIGHTS: Russia wants to break away from European Court of Human Rights sooner than expected
ECONOMY: nine EU countries call on European Commission’s technical support for reforms to better welcome refugees
SECURITY - DEFENCE
DEFENCE: EDA calls for increased European defence capabilities
DEFENCE: EU ministers approve creation of an EU defence innovation hub
CSDP: Mr Borrell calls for “more agile” EU missions
EXTERNAL ACTION
MALI: EU regrets Mali’s decision to withdraw from G5 Sahel
AFGHANISTAN: MEPs and European Commission determined to provide Afghans short-term and long-term help
CANADA: Borrell and Joly call for closer relations
TRADE: MEPs give their vision of future regulation to ban products of forced labour
SECTORAL POLICIES
MIGRATION: work continues in EU Council on Schengen reform and migrant ‘screening’ regulation
HOME AFFAIRS: European Commission welcomes return to visa-waiver reciprocity with South Korea, but difficulties remain with Japan
COMPANIES: European Court of Auditors finds room for improvement in EU measures to support internationalisation of SMEs
INTERNAL MARKET: European standardisation, European Parliament starts off in disarray
INSTITUTIONAL
BUDGET: MEPs unhappy with draft recast of financial regulation
ECONOMY - FINANCE - BUSINESS
FINANCE: MEPs adopt tough stance on ‘green’ bond issuance
MONEY LAUNDERING: France plays leading role in fight against money laundering in EU, according to FATF
COURT OF JUSTICE OF THE EU
CONSUMERS: Court of Justice clarifies scope of EU law prohibiting unfair contract terms
NEWS BRIEFS
ECONOMY: euro area growth up by 0.3% and employment up by 0.5% in first quarter
INDUSTRY: European Commission clarifies logic behind its proposal on semiconductors
YOUTH: eight EU Member States pledge €270 million to ALMA initiative
LIBYA: Borrell concerned about situation in Tripoli
DIGITAL: ‘Dlabajová’ report on Path to the Digital Decade adopted in European Parliament Committee
UNITED KINGDOM: UK Government confirms its intentions to make changes to Northern Ireland Protocol