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Image header Agence Europe
Europe Daily Bulletin No. 12978
Contents Publication in full By article 30 / 44
ECONOMY - FINANCE - BUSINESS / Insurance

European economy is entering a phase of heightened uncertainty, warns EIOPA

The European Insurance and Occupational Pensions Authority (EIOPA) notes volatility in financial markets and rising interest rates in its financial stability report published on Wednesday 22 June. The European economy is thus entering a phase of heightened uncertainty, a direct consequence of the invasion of Ukraine and the sanctions against Russia, which have amplified the rise in inflation.

Markets are expecting monetary tightening to curb inflation, EIOPA warns. The Covid-19 pandemic...

Contents

EUROPEAN COUNCIL
ENLARGEMENT: European Council grants candidate status to Ukraine and Moldova and recognises Georgia’s European perspective
WESTERN BALKANS: words but little action on EU accession process
EUROPEAN PARLIAMENT PLENARY
ZAMBIA: President Hakainde Hichilema calls for a stronger partnership with EU to develop Zambian economy and agriculture
AFRICA: European Parliament calls for a rebalancing of trade relations between EU and African continent
ENLARGEMENT: European Parliament calls for EU candidate status to be granted to Ukraine and Moldova “without delay”
MONTENEGRO: European Parliament calls for progress in reform process
TRADE: European Parliament wants to reform policy on European investments abroad
TAXATION: call to European Parliament to move to enhanced cooperation to implement minimum taxation of multinationals in EU
ECONOMY: European Parliament recommends that Member States use European Recovery Plan loans to finance their energy transition
ENERGY: European Parliament calls on Commission and Member States to prepare to exit Energy Charter Treaty
ENERGY: European Parliament adopts agreement with EU Council on gas storage regulation
JUSTICE: European Parliament wants EU to sign up to Convention on recognition and enforcement of foreign judgments in civil and commercial matters
GMO: European Parliament opposes genetically modified maize being sold in EU
HOME AFFAIRS: European Parliament gives approval to one-year extension of legal basis for EU Covid certificate
COURT OF AUDITORS: MEPs support appointment of new member from Netherlands
BUDGET: European Parliament approves budget corrigendum to help EU countries receive people fleeing Ukraine
BUDGET: European Parliament gives green light to Globalisation Adjustment Fund aid for French and Greek workers
SECTORAL POLICIES
HEALTH: European Parliament and EU Council reach agreement on future regulation on serious cross-border health threats
HEALTH: European Commission and Spain want to foster vaccine production and distribution in Latin America and the Caribbean
FISHERIES: EU Member States call for measures to support aquaculture sector
ENVIRONMENT: ‘Imported Deforestation’ Regulation ready for political agreement by EU Council on 28 June
FOOD SAFETY: European Commission negotiates with countries concerned to ban traces of neonicotinoids in imported products
DIGITAL: digital rights and principles, Member States discuss French Presidency of EU Council’s proposal for negotiations with European Parliament
DIGITAL: French Presidency of EU Council clarifies possibilities of use for biometric recognition in artificial intelligence
SPACE: ‘Secure Connectivity’, Germany asks not to touch EU budget margins
SPACE: Eurospace pleased with product-specific approach of EU’s new framework proposal on ecodesign
ENERGY: EU and Norway announce strengthening energy cooperation
PATENTS: SUEPO union concerned about abuses by European Patent Office
ECONOMY - FINANCE - BUSINESS
ECONOMY: European Fiscal Board criticises continuation of freeze on Stability Pact into 2023
INSURANCE: European economy is entering a phase of heightened uncertainty, warns EIOPA
COMPETITION: in-depth investigation into proposed acquisition of OMV Slovenija by MOL
COURT OF JUSTICE OF THE EU
BANKS: EU General Court confirms withdrawal of AAB Bank’s authorisation
ENVIRONMENT: Slovakia condemned for violating Birds and Habitats Directives
Russian invasion of Ukraine
FOOD SECURITY: Frans Timmermans announces “comprehensive analysis of all the drivers of food security” during war in Ukraine
STATE AID: green light for Croatian support for maize seed producers in context of invasion of Ukraine
NEWS BRIEFS
AFGHANISTAN: EU mobilises first million in emergency humanitarian aid after a deadly earthquake
AGRICULTURE: European Commission approves a new geographical indication for France
PATENTS: European Patent Office (EPO) announces winners of European Inventor Award
COLOMBIA: Josep Borrell welcomes election of Colombia’s first left-wing president
FINANCE: European Banking Authority submits 200 proposals to strengthen European payments market
PATENTS: ACEA welcomes European Parliament’s position on ETS2
MEDIA: European Commission announces new Lorenzo Natali Prize winners
HEALTH: European Medicines Agency recommends Novavax’s Covid-19 vaccine for adolescents aged 12-17 years
SOCIAL: Social Climate Fund, no support for French Presidency of EU Council’s latest proposals