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Europe Daily Bulletin No. 13047

21 October 2022
Contents Publication in full By article 20 / 28
ECONOMY - FINANCE - BUSINESS / Finance
Details of European Parliament/EU Council agreement on ‘European Long-Term Investment Fund’
Strasbourg, 20/10/2022 (Agence Europe)

Negotiators from the European Parliament and the Council of the European Union reached an agreement on Wednesday 19 October on the revision of the ‘European Long-Term Investment Fund’ (ELTIF) Regulation (see EUROPE B13046A31). As part of the Capital Markets Union package, this text aims to create appropriate regulatory oversight and better investor protection. 

The aim is to make these hitherto little-used investment funds more attractive in order to stimulate the financing of...

Contents

EUROPEAN COUNCIL
ENERGY: EU leaders remain undecided on gas price cap
ECONOMY: energy crisis, EU27 have not closed door on European financial instruments
Russian invasion of Ukraine
IRAN: Iranian drones used by Russia in Ukraine, EU sanctions three individuals and one company
HUMANITARIAN AID: EU immediately deploys equipped shelters in Ukraine and mobilises €175 million in emergency aid for winter
UKRAINE: European Parliament should send fact-finding mission to Kyiv by end of year
SECTORAL POLICIES
ENERGY: France, Spain and Portugal agree to abandon MidCat pipeline project
AGRICULTURE: Paolo De Castro calls for stronger role for producer groups in geographical indications
INTERNAL MARKET: EU Member States approve interinstitutional agreement on regulation pertaining to European standardisation process
ENVIRONMENT: waste incineration an illusory solution to reduce EU gas consumption, according to Zero Waste Europe report
TRANSPORT: ‘AFIR’ and ‘FuelEU Maritime’, Greens/EFA lament lack of ambition of two texts adopted by European Parliament
EUROPEAN PARLIAMENT PLENARY
GENDER EQUALITY: MEPs warn of rise in hate crimes against LGBTQI+ people
MEDIA: despite progress, MEPs remain concerned about Rule of law in Malta
BUDGET: MEPs concerned about control of EU economic recovery fund spending
CLIMATE: European Parliament calls for an end to fossil fuel subsidies by 2025
HOME AFFAIRS: European Parliament in turn approves non-acceptance of travel documents issued by Russia in illegally occupied territories
FISHERIES: European Commission defends, in front of European Parliament, 87 closed areas for bottom trawling
CULTURE: European Parliament calls for European emergency response mechanism for cultural sector
BURKINA FASO: European Parliament condemns second military coup and calls for immediate return to civilian government 
TUNISIA: EU welcomes agreement between Tunis and IMF
ECONOMY - FINANCE - BUSINESS
FINANCE: details of European Parliament/EU Council agreement on ‘European Long-Term Investment Fund’
EXTERNAL ACTION
VIETNAM: Spanish, Polish, Italian and Hungarian pharmaceuticals will no longer be discriminated against in Vietnamese market
EU RESPONSE TO COVID-19
HEALTH: EMA recommends Spikevax vaccine adapted for BA.4 and BA.5 and opens door to vaccination of young children
COURT OF JUSTICE OF THE EU
COMPETITION: EU Court of Justice to rule on concept of ‘significant impediment to effective competition’ for first time
NEWS BRIEFS
PATENTS: Unified Patent Court appoints 85 judges and presents its presidium
BUDGET: European Parliament President Roberta Metsola justifies urgency of revising Multiannual Financial Framework
ENVIRONMENT: toxic pesticides found in hair of one in three people, according to Pesticide-CheckUp
INTERNAL MARKET: European Commission launches call for applications for High-Level Forum on European Standardisation
UNITED KINGDOM: after Liz Truss’ resignation, EU leaders hope for a return to stability in UK