login
login

Europe Daily Bulletin No. 12992

14 July 2022
Contents Publication in full By article 17 / 33
ECONOMY - FINANCE - BUSINESS / Banks
Single Resolution Board reports a satisfactory level of preparedness of banks for a resolution
Brussels, 13/07/2022 (Agence Europe)

The Single Resolution Board (SRB) unveiled, on Wednesday 13 July, a first-ever assessment of the resolvability capabilities of the banking sector within the euro area Banking Union, based on data from 2021.

Our assessment shows “aggregate information about the progress being made, and where there is still room for improvement”, said its Chair, Elke König, during a dialogue in the European Parliament’s Committee on Economic and Monetary Affairs. Noting an “overall satisfactory”...

Contents

FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
RULE OF LAW: Commission’s new annual report on Rule of law confirms persistent problems in Hungary and Poland without sparing other Member States
RULE OF LAW: members of European Parliament’s Committee on Civil Liberties reiterate their concerns about situation in Hungary
DEMOCRACY: MEPs set out their negotiating position on reforming statute for European political parties
SECTORAL POLICIES
ENERGY: MEPs want to aim for 14.5% reduction in EU energy consumption by 2030
ENERGY: MEPs want to raise EU’s renewable energy target to 45% by 2030
ENERGY: coal revival announced by some Member States is not expected to have a major impact on EU emissions, according to Ember
BIODIVERSITY: COP15, a lot of work ahead to reach an ambitious global agreement, say EU27 ministers
FISHERIES: EU implementing act limiting deep sea fishing could enter into force by end of September
TRANSPORT: TEN-T and ‘Fit for 55’ package at heart of Czech Presidency of EU Council’s priorities
BUSINESS/INDUSTRY: Czech Minister Jozef Síkela wants to focus on SMEs over next 6 months
SPACE: institutional investment in Europe is still too low, says Eurospace
DIGITAL: AI, digital ID wallet and cybersecurity of institutions, Czech Presidency of EU Council presents priorities for its term of office to MEPs
Russian invasion of Ukraine
RUSSIA: European Commission provides guidance on transit of goods from Russia to Kaliningrad enclave via EU
ENVIRONMENT: as much help as possible should be given to Ukraine’s ecological reconstruction, EU ministers stress
EU RESPONSE TO COVID-19
HEALTH: response to new pandemic wave and vaccine contracts on agenda of parliamentary special committee on Covid-19
ECONOMY - FINANCE - BUSINESS
TAXATION/ECONOMY: Zbyněk Stanjura warns of heightened tax competition in EU to combat record inflation
BANKS: Single Resolution Board reports a satisfactory level of preparedness of banks for a resolution
COMPANIES: MEPs endorse appointment of Wolf Klinz as Chairman of EFRAG’s Financial Reporting Board
FINANCE: third country CCPs to be classified as EU CCPs, says ESMA
INSTITUTIONAL
BUDGET: EU Council reduces commitments for 2023 by €1.6 billion compared to initial draft
BUDGET: annual meeting between European Commission and European Court of Auditors
EXTERNAL ACTION
FOREIGN AFFAIRS: Jan Lipavský calls for a new European policy towards Russia
SYRIA: EU welcomes six-month extension of cross-border humanitarian aid
NEW ZEALAND: MEPs welcome conclusion of trade agreement negotiations with Wellington
TRADE: Czech Presidency of EU Council wants to make progress on trade agreements
SECURITY - DEFENCE
NATO: Stoltenberg and Sannino stress importance of EU-Atlantic Alliance cooperation
COURT OF JUSTICE OF THE EU
COMPETITION: Illumina/Grail merger, EU General Court rules for first time on referral mechanism of Merger Regulation
NEWS BRIEFS
CANADA: Dutch Parliament approves EU-Ottawa free trade agreement
SPACE: successful maiden launch of European light launcher Vega-C
JUSTICE: green light from Council for EU accession to Convention on recognition and enforcement of foreign judgments in civil or commercial matters
DIGITAL: high level of cyber security in EU, provisional interinstitutional agreement approved by MEPs in European Parliament committee
UNITED KINGDOM/IRELAND: €235 million for new cross-border PEACE PLUS Programme
TRANSPORT: local and regional leaders call on EU to speed up investment in clean public transport