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Europe Daily Bulletin No. 12975

21 June 2022
Contents Publication in full By article 15 / 34
ECONOMY - FINANCE - BUSINESS / Finance
MEPs decide on negotiating position over ELTIF funds
Brussels, 20/06/2022 (Agence Europe)

On Monday 20 June, members of the European Parliament's Committee on Economic and Monetary Affairs (ECON) have approved their negotiating position on European long-term investment funds (ELTIFs). Despite adopting very different positions during the debates (see EUROPE B12951A23), they managed to find a compromise by 43 votes to 3.

This revision of the text is intended to encourage ELTIFs, which have been seldom used to date. “While the legislative framework for European long-term...

Contents

Russian invasion of Ukraine
UKRAINE: several EU foreign ministers support granting EU membership candidate status
FOOD SECURITY: Josep Borrell reiterates that Russia is solely responsible for global food crisis and will write to African countries to explain EU sanctions
FISHERIES: MEPs support measures to help fisheries sector cope with effects of war in Ukraine
STATE AID: green light for Estonian support of €3.9 million for farmers affected by war in Ukraine
CSDP: Denmark officially notifies its decision to abolish its opt-out on European defence
CRIMEA: EU extends sanctions by one year
EXTERNAL ACTION
HORN OF AFRICA: EU wants to accompany progress in Somalia and Ethiopia, says Josep Borrell
EGYPT: EU and Cairo pledge to strengthen their partnership
BOLIVIA: EEAS points to “structural deficiencies” in Bolivia’s judicial system
SECTORAL POLICIES
FOOD SAFETY: European Commission is expected to present its proposal for 50% reduction in pesticide use by 2030 on 22 June
AGRICULTURE: investments to diversify rural economy are having a mixed effect, says EU Court of Auditors
FISHERIES: EU shipowners welcome WTO agreement on fisheries subsidies
MIGRATION: EU Member States asked to approve migrant ‘Screening’ and Eurodac regulations on 22 June
INTERNAL MARKET: ‘Chips Act’ and SMEI will be two main priorities of Czech Presidency of EU Council
ECONOMY - FINANCE - BUSINESS
FINANCE: MEPs decide on negotiating position over ELTIF funds
ECB: fight against fragmentation of euro area is at heart of our mandate, says Ms Lagarde
MONEY LAUNDERING: several Member States say they are ready to host future European ‘anti-money laundering’ authority
COMPETITION: European Commission investigation into illegal practices of Vifor Pharma concerning a drug for iron therapy
SOCIAL AFFAIRS
SOCIAL/CLIMATE: Social Climate Fund, further discussions scheduled this week in EU Council with a view to a possible political agreement on 28 June
EU RESPONSE TO COVID-19
HEALTH: drawing lessons from pandemic, Commissioner Thierry Breton wants to consolidate industrial side of health in EU
HEALTH: EMA starts rolling review of a Moderna vaccine adapted to specific variants of SARS-CoV-2
INSTITUTIONAL
GENERAL AFFAIRS: preparation of European Council and follow-up to Conference on Future of Europe on agenda of EU countries
COURT OF JUSTICE OF THE EU
JUSTICE: Prestige sinking, EU Court of Justice ensures that ‘Brussels I’ Regulation is not circumvented
NEWS BRIEFS
AGRICULTURE: European Commission approves new protected names from Portugal and Turkey
STATE AID: €500 million Romanian scheme for new forest areas gets green light
ENERGY: natural gas accounted for almost third of final household energy consumption in EU in 2020, according to Eurostat
ENERGY: eight countries join global pledge to reduce methane emissions
COMPANIES: regarding EPBD, automotive sector says proposal can go further to support electromobility
SPACE: ESA and NASA strengthen their cooperation in field of lunar exploration
TAXATION: EU Council urges Code of Conduct Group on business taxation to continue efforts to tackle harmful practices
DIGITAL: Twitch joins EU Code of Conduct against hate speech online
NATO: EU says EU-NATO relationship has been further strengthened since June 2021
TERRORISM: al-Qaeda, EU Council sanctions group and three individuals operating in Sahel region
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