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Image header Agence Europe
Europe Daily Bulletin No. 12959
Contents Publication in full By article 13 / 37
ECONOMY - FINANCE - BUSINESS / Economy

Continued freezing of Stability Pact does not change fiscal stance at euro area level, says Mr Donohoe

The European Commission’s recommendation to keep the Stability and Growth Pact frozen until the end of 2023 is “an important development” because it will allow Member States to maintain an “agile” fiscal policy in response to the economic consequences for the EU of the Russian invasion of Ukraine, Eurogroup President Paschal Donohoe said on Monday 23 May(see EUROPE B12958A1).

But “this decision doesn’t change our objective of progressively shifting our fiscal stance from...

Contents

Russian invasion of Ukraine
ECONOMY: “We must do maximum financially” for Ukraine, says Bruno Le Maire
FOOD SECURITY: in Davos, Mrs von der Leyen announces that she is working with Egyptian President al-Sissi to find a solution to food crisis in Africa
JUSTICE: EU Council adopts regulation to enable Eurojust to better support war crimes investigations in Ukraine
TRADE: EU Council gives green light to temporarily end tariffs on imports from Ukraine
UKRAINE: Council of Europe deplores Russia’s use of minority rights as a pretext for invasion and is concerned about interethnic tensions
DEFENCE: EU Council adopts two assistance measures for Ukraine under European Peace Facility worth €490 million
ENERGY: European Commission and United States reaffirm commitment to strengthen Europe’s energy security
MIGRATION: European Union Agency for Asylum deploys staff to Moldova for first time
EUROPEAN PARLIAMENT: Greens/EFA call for Gazprom lobbyists to be banned from European Parliament
ECONOMY - FINANCE - BUSINESS
TAXATION: agreement on directive implementing minimum taxation of companies further delayed
EUROZONE: three candidates still in running to lead ESM
BANKS: uncertainty about ability of Eurogroup to agree on work programme to complete banking union
ECONOMY: continued freezing of Stability Pact does not change fiscal stance at euro area level, says Mr Donohoe
MONEY LAUNDERING: MEPs Paul Tang and Luděk Niedermayer want to strengthen anti-money laundering package
SECTORAL POLICIES
AGRICULTURE: Ukraine must be helped to export grain, say EU ministers
AGRICULTURE: situation of agricultural markets remains worrying, according to European Ministers
ANIMAL HEALTH: EU Council supports vaccination against avian influenza as “complementary” tool to biosecurity measures
FISHERIES: Indian Ocean Tuna Commission fails to agree on management of yellowfin tuna stocks
HOME AFFAIRS: Member States have reintroduced checks at their internal borders more than 280 times since 2015, says first annual State of Schengen Report
INDUSTRY : semi-conductors, EU Member States invited to provide policy guidance
SPACE: resilience and competitiveness of EU’s space programme will be on next EU Council agenda
ENERGY: Commission consults on two delegated acts to clarify EU rules on renewable hydrogen
ENVIRONMENT: European Commission consults public to improve management of polluting nutrients
FOOD SAFETY: sharp rise in illegal pesticide residues on fruit in EU since 2011, says study
COUNCIL OF EUROPE
TURKEY: Parliamentary Assembly of Council of Europe calls on Turkish judiciary to find a solution to Kavala case
EXTERNAL ACTION
ISRAEL: Metsola pleads in favour of peace in speech to Knesset
NEWS BRIEFS
HOME AFFAIRS: EU Member States definitively approve new powers for Europol agency
STATE AID: Covid-19, green light for €33.4 million Latvian aid to recapitalise airBaltic
STATE AID: €100 million Romanian support for forest regeneration approved
COHESION: European Commission adopts €21.4 billion partnership agreement with Czech Republic over green and digital transition
COMPETITION: call for feedback on revised antitrust ‘informal guidance notice’
ENERGY: European Commission seeks green light from Member States to negotiate gas supplies with Egypt and Israel
ENVIRONMENT: European Commission launches a call for projects under LIFE Nature and Biodiversity
SPACE: delay in establishing ESA expert group in order to prepare 2023 Space Summit
FINANCE: Ecofin Council agrees its negotiating position on European Long Term Investment Fund, ‘ELTIF’
INDUSTRY : European Commission has opened a period for feedback on a draft amendment on type approval of light-duty vehicles
ANIMAL HEALTH: European Commission says ‘no’ to EU-wide positive list of species allowed as pets