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Image header Agence Europe
Europe Daily Bulletin No. 13105
Contents Publication in full By article 11 / 28
SECTORAL POLICIES / Energy

Market correction mechanism has not had a significant effect on financial and energy markets to date, according to ACER and ESMA

So far, the ‘market correction mechanism’ (MCM) to cap gas prices at EU level in certain circumstances has not had a significant impact (positive or negative) on financial and energy markets, say preliminary reports published, on Monday 23 January, by the European Agency for the Cooperation of Energy Regulators (ACER) and the European Securities and Markets Authority (ESMA).

Given that the entry into force of the EU Council Regulation (2022/2578) establishing the mechanism coincides with...

Contents

Russian invasion of Ukraine
UKRAINE: EU Member States further strengthen military support to Kyiv
JUSTICE: EU27 support establishment of an Interim Prosecutor’s Office on crime of aggression
MEDIA: after freezing of its bank accounts, Russian channel RT France announces its closure
STATE AID: green light for €50 million Italian support for Campania businesses in context of war in Ukraine
SECURITY - DEFENCE
CAUCASUS: EU Council establishes EUMA Armenia
EXTERNAL ACTION
IRAN: EU sanctions Minister of Sports and Islamic Revolutionary Guard Corps entities
SAHEL: EU wants to stay engaged and counter terrorist contagion to Gulf of Guinea coastal countries
MERCOSUR: MEPs want to know what is happening with EU-Mercosur trade agreement negotiations
INSTITUTIONAL
FUTURE OF EU: Franco-German tandem share objective of a Europe “in full control of its destiny”
SECTORAL POLICIES
ENERGY: European Commission launches public consultation on EU electricity market reform
ENERGY: market correction mechanism has not had a significant effect on financial and energy markets to date, according to ACER and ESMA
ENERGY: offshore wind, Member States’ combined targets double EU’s original 2030 ambition
DIGITAL: data, cybersecurity, research, European Commission presents its digital partnership with South Korea to European Parliament committee
AGRICULTURE: France and Germany commit to making progress on reducing pesticide use
HEALTH: Swedish Presidency of EU Council presents its health priorities to MEPs
HEALTH: no objections from European Commission to Ireland’s plan of labelling alcoholic beverages to warn of cancer risk
ECONOMY - FINANCE - BUSINESS
FINANCE: a compromise is emerging in European Parliament on revision of rules governing central securities depositories
EUROZONE: EU lawmakers will retain policy space to refine digital euro project, says Fabio Panetta
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: MEPs concerned about quality of traineeships offered by Member States
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
MEDIA: MEPs not convinced about independence of future European Board for Media Services
NEWS BRIEFS
HUMANITARIAN AID: Lake Chad Basin, EU mobilises €102.5 million for vulnerable populations
CAMEROON: EU strongly condemns murder of Cameroonian journalist Martinez Zogo
EDUCATION: European Commission calls for investment in quality education and future-oriented learning
ENERGY: share of renewable energy in EU’s energy mix fell in 2021, according to Eurostat
FISHERIES: EU Council endorses EU/Seychelles agreement on fisheries in Mayotte
HEALTH: European Commission launches initiative to develop access to cancer-related medical imaging data
HEALTH: eight new calls for European funding for health research projects
Kiosk
Kiosk: No. 075