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Europe Daily Bulletin No. 12975
Contents Publication in full By article 15 / 34
ECONOMY - FINANCE - BUSINESS / Finance

MEPs decide on negotiating position over ELTIF funds

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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