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Image header Agence Europe
Europe Daily Bulletin No. 13051
Contents Publication in full By article 22 / 38
ECONOMY - FINANCE - BUSINESS / State aid

Green light for €1.25 billion Hungarian support for businesses in context of war in Ukraine

On Wednesday 26 October, the European Commission approved a Hungarian loan and guarantee scheme worth €1.25 billion to support small and medium-sized enterprises (SMEs) and large companies in the context of Russia’s war against Ukraine.

The scheme was approved under the State aid Temporary Crisis Framework. 

Aid under this measure will take the form of loans with subsidised interest rates and guarantees on loans granted by the Export-Import Bank Private Limited Company Eximbank, the...

Contents

SECTORAL POLICIES
ENVIRONMENT: Commission proposes to bring EU air quality standards further in line with WHO’s 2030 cleaner air recommendation
ENVIRONMENT: European Commission proposes to modernise Urban Waste Water Treatment Directive to ensure cleaner water by 2030 and save energy
FISHERIES: European Commission refuses to grant aid to EU fishermen who were unable to work in Senegal at beginning of 2022
AGRICULTURE: MEPs call for level playing field for rural areas of EU
AGRICULTURE: EU increases cereal exports, according to European Commission data
ENERGY: eight Member States join forces to defend low-carbon hydrogen
ENERGY: MEPs want to exclude small hydroelectric power plants from fast-track permitting procedures
ENERGY: coming months will be a “make or break moment” for European energy market integration, warns ACER
SPACE: European Parliament and EU Council to have first discussion on constellation regulation on Thursday 27 October
SPACE: French space ecosystem proposes to penalise projects that do not have strong national and European territorial roots
DIGITAL: Pilar del Castillo gives update on data covered by scope of Data Act in European Parliament committee
JUSTICE: European Parliament wants two texts on digitalisation of cross-border judicial cooperation to be more ambitious
HOME AFFAIRS: MEPs strengthen Eurojust’s role in cross-border terrorism investigations
RESEARCH: European Parliament Committee on Industry, Research and Energy opposes European Commission’s governance of EIC
COHESION: Just Transition Fund, local authorities lack resources to manage complexity of Cohesion Funds
ECONOMY - FINANCE - BUSINESS
PAYMENTS: European Commission wants to generalise deployment of instant euro payments
MONEY LAUNDERING: private sector wants European regulation to be aligned with international standards
COMPANIES: European Parliament division on key points of future directive establishing corporate due diligence
ECONOMY: high time to clarify future EU fiscal rules, says Niels Thygesen
ECONOMY: MEPs ready to negotiate with Council of EU on REPowerEU chapters of national recovery plans
BANKS: MEPs approve appointment of Dominique Laboureix as head of Single Resolution Board
STATE AID: green light for €1.25 billion Hungarian support for businesses in context of war in Ukraine
COMPETITION: EU Member States consulted again on prolonging Temporary Crisis Framework
EXTERNAL ACTION
IRAN: Tehran imposes sanctions on members of European Parliament
MERCOSUR: Josep Borrell believes free trade agreement with EU could be finalised in second half of 2023
UNITED STATES: launch of an EU-US task force on US Inflation Reduction Act
INSTITUTIONAL
BUDGET: MEPs back proposal on three new EU own resources
SECURITY - DEFENCE
DEFENCE: Defence Joint Procurement Task Force makes progress
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
GENDER EQUALITY: experts are divided on need to revise EU treaties to incorporate gender equality
DEMOCRACY: Sandro Gozi reports on ongoing discussions in European Parliament on transparency and targeting of political advertising
SOCIAL AFFAIRS
SOCIAL: Uber whistleblower calls on MEPs to preserve ambition of digital platform workers directive
Russian invasion of Ukraine
HUMAN RIGHTS: ODIHR says Russia is showing general disregard for basic principles of international humanitarian law in its hostilities in Ukraine
TRANSPORT: report by Marian-Jean Marinescu on road transport agreements between EU, Ukraine and Moldova adopted in European Parliament Committee
NEWS BRIEFS
DEFENCE: United Kingdom meets conditions for participation in PESCO project on military mobility
EUROPEAN PARLIAMENT: European Parliament’s The Left group updates Secretariat-General
FISHERIES: tropical tuna and bluefin tuna on agenda of next ICCAT annual meeting
FISHERIES: MEPs approve compromise text on access to waters
TRANSPORT: Rovana Plumb’s report on intelligent transport systems adopted in European Parliament Committee