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Europe Daily Bulletin No. 13052

28 October 2022
Contents Publication in full By article 1 / 34
ECONOMY - FINANCE - BUSINESS / Ecb
Further increase in key interest rates by 75 basis points
Brussels, 27/10/2022 (Agence Europe)

The ECB’s Governing Council decided on Thursday 27 October to increase the monetary institute’s three key rates by 75 basis points. After this third consecutive rate hike, it believes that it has “made substantial progress in withdrawing monetary policy accommodation” while warning that “there is still ground to cover” before reaching the interest rate that would allow the monetary institute to comply with its mission of guaranteeing price stability at a level of 2% over the...

Contents

ECONOMY - FINANCE - BUSINESS
ECB: further increase in key interest rates by 75 basis points
TAXATION: targeting public income support to tackle runaway inflation debated in European Parliament
STATE AID: in-depth investigation into Hungarian aid for car parts plant
EXTERNAL ACTION
WESTERN BALKANS: Ursula von der Leyen announces new EU financial support to tackle energy crisis
DEVELOPMENT: cooperation for disaster risk reduction in vulnerable countries at heart of draft EU Council conclusions
KAZAKHSTAN: EU wants to unlock potential of Partnership and Cooperation Agreement with Astana
CENTRAL ASIA: EU and Central Asia want to work together for peace
TRADE: relationship with US will dominate trade ministers’ discussions in Prague
SECURITY - DEFENCE
DEFENCE: another round of PESCO projects expected to be adopted in May 2023
SECTORAL POLICIES
HOME AFFAIRS: European Commission wants to facilitate legal trade in firearms to fight organised crime
CONSUMERS: consumer credit agreements in digital age, European Parliament/EU Council negotiations make slow progress
SPACE: ‘secure connectivity’ constellation—co-legislators discuss budget issue
FISHERIES: protected areas in marine environment also benefit fishermen, according to a study presented to European Parliament
ANIMAL HEALTH: European Commission sets up EU reference centre responsible for endangered animal breeds
DIGITAL: ‘Data Act’, discussions in European Parliament committee on notice periods for changing data processing providers
ENERGY: EU Member States’ agreement over energy performance of buildings under fire
CLIMATE: European Economic and Social Committee calls for greater climate ambition ahead of COP27
ENERGY: pilot phase of ‘European Hydrogen Bank’ to start next year, says Frans Timmermans
TRANSPORT: Czech Presidency of EU Council probes Member States on their flexibility regarding certain aspects of ‘ReFuelEU Aviation’ dossier
INTERNAL MARKET: MEPs approve political agreement on regulation concerning European standardisation organisations’ decisions
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
DEMOCRACY: transparency and targeting of political advertising, Czech Presidency of EU Council clarifies some of text’s limitations
GENDER EQUALITY: medical requirements must be decoupled from legal gender recognition, argue experts at European Parliament
EU RESPONSE TO COVID-19
HEALTH: EU global health strategy due in late November is a major geopolitical issue, says Margarítis Schinás
INSTITUTIONAL
BUDGET: EU agencies must tighten rules to reduce risk of ‘revolving doors’, says European Court of Auditors
COURT OF JUSTICE OF THE EU
JUSTICE: Court of Justice of EU clarifies right to erasure of personal data
JUSTICE: national authorities to access specific personal data if it is the only way to investigate online copyright infringements
ENVIRONMENT: Advocate General of EU Court of Justice proposes annulling partial authorisation for use of chromium trioxide
HOME AFFAIRS: a European arrest warrant may not be executed if person concerned has been convicted in a trial in absentia, suggests Advocate General of Court of Justice of EU
NEWS BRIEFS
GENDER EQUALITY: Mediterranean countries commit to strengthening gender equality
CLIMATE: European Commission will present a strategy on carbon capture, utilisation and storage in 2023
MIGRATION: EU and North Macedonia sign new agreement on Frontex deployment
CSDP: European monitoring mission on border between Azerbaijan and Armenia begins
CSDP: Member States’ ambassadors approve future EUMAM Ukraine formation commanders
CORRIGENDUM
ECONOMY: ‘REPowerEU’ chapters of national recovery plans: clarification of exemption from ‘do no significant harm’ principle