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Europe Daily Bulletin No. 13064

17 November 2022
Contents Publication in full By article 10 / 32
SECTORAL POLICIES / Energy
European Commission outlines its proposal to cap gas prices
Brussels, 16/11/2022 (Agence Europe)

The European Commission sent Member States, on Tuesday 15 November, a document outlining its future legislative proposal for a cap on fossil gas prices.

Called the ‘market correction mechanism’, the envisaged instrument would consist of a cap on the settlement prices of energy derivatives traded on the Title Transfer Facility (TTF) - the price index established on the main European gas exchange in the Netherlands - starting from the 1st January 2023.

It would concern ‘front-month’...

Contents

Russian invasion of Ukraine
UKRAINE/RUSSIA: West plays appeasement card over deadly missile in Poland
RUSSIA: Josep Borrell outlines vision for future relations
ECONOMY: support from Member States for macrofinancial assistance to Ukraine for 2023
EXTERNAL ACTION
Interview TRADE: EU’s future ‘anti-coercion’ tool must be reactive, says Bernd Lange
TRADE: Member States adopt their negotiating mandate for EU’s ‘anti-coercion’ tool
AUSTRALIA: conclusion of free trade agreement is a priority for EU and Canberra
GEORGIA: Várhelyi calls for a national consensus on country’s European integration
SECTORAL POLICIES
HOME AFFAIRS: Schengen Area enlargement, Commission urges Member States to give entry tickets to Bulgaria, Romania and Croatia
MIGRATION: central Mediterranean, EU states still allowing themselves time to convene an extraordinary ministerial meeting
ENERGY: European Commission outlines its proposal to cap gas prices
ENERGY: EU co-legislators ready to hand over renewable hydrogen to Commission as they review ‘RED II’ directive
ENERGY: EU Member States struggle to agree on Energy Charter Treaty revision
SINGLE MARKET: Member States give green light to Czech Presidency compromise on geographical indications for craft and industrial products
FISHERIES: European Commission and France attempt to settle a dispute over control of tuna fishing
AGRICULTURE/FISHERIES: EU agriculture ministers to discuss fertilisers and forests on Monday 21 November
ENVIRONMENT: EU and Member States to invest €130 million in ‘green’ partnership with Paraguay
COHESION: Member States welcome flexibilisation of cohesion policy while insisting on its long-term objectives
DIGITAL: EU legislation on digital services comes into force
G20 SUMMIT
FOOD SECURITY/DEVELOPMENT : G20 determined to act urgently to prevent hunger and malnutrition in developing countries
CLIMATE/BIODIVERSITY: G20 stays the course of Paris Agreement and insists on additional funding, especially for developing countries
TAXATION/ECONOMY: G20 wants Pillar One of multinational tax reform to be agreed by July 2023
HEALTH: G20 supportive of legally binding WHO instrument for preparedness and response to future pandemics
SOCIAL AFFAIRS
SOCIAL: latest proposals from Czech Presidency of EU Council on Digital platform workers still lacking majority
ECONOMY - FINANCE - BUSINESS
COMPETITION: European Commission’s in-depth investigation into Booking’s proposed acquisition of eTraveli
ECONOMY: GDP growth estimated at 0.2% in euro area in third quarter of 2022
COURT OF JUSTICE OF THE EU
STATE AID: EU General Court clarifies procedure for declaring public aid is compatible with the internal market
NEWS BRIEFS
EUROPEAN COMMISSION: new Director-General for Directorate-General for Neighbourhood and Enlargement Negotiations
FUNDAMENTAL RIGHTS: European Commission launches network of Young Ambassadors on Holocaust Remembrance
COMPANIES: business confidence at an all-time low for 2023, says Eurochambres
INDUSTRY: Thierry Breton announces meeting, at beginning of December, of “Route35” working group.
RESEARCH: Commission awards Innovation Radar 2022 Prize to help most promising EU-funded innovations
TRANSPORT: Member States’ ambassadors to EU endorse provisional agreement on CO2 emission standards for new cars and vans