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Image header Agence Europe
Europe Daily Bulletin No. 13112
Contents Publication in full By article 20 / 36
ECONOMY - FINANCE - BUSINESS / Economy

Euro area inflation estimated at 8.5% in January

Annual inflation in the euro area was 8.5% in January, down from 9.2% in December 2022, according to a flash estimate published by the Statistical Office of the European Union (Eurostat) on Wednesday 1 February.

Among the eighteen euro area countries for which data are available, it was highest in Latvia (21.6%), Estonia (18.8%) and Lithuania (18.4%), while it was lowest in Spain and Luxembourg (both 5.8%) and Cyprus (6.8%). Price increases amounted to 7.0% in France and 10.9% in Italy.

Contents

A GREEN DEAL INDUSTRIAL PLAN
INDUSTRY: European Commission wants to create conditions for EU to compete in global race towards ‘net-zero’ economy
ECONOMY: European Commission counting on reorientation of existing instruments to finance the Green Deal Industrial Plan
STATE AID: European Commission proposes rules to encourage investment in green technologies that risk being relocated
TRADE: trade at heart of EU’s industrial strategy, says European Commission
EXTERNAL ACTION
UKRAINE: EU leaders in Kyiv to show EU commitment
UNITED KINGDOM: Northern Ireland Protocol, no agreement yet between European Commission and UK government
EUROPEAN PARLIAMENT PLENARY
MIGRATION: just several days before EU summit, MEPs divided on how to respond to rising migration flows
SECTORAL POLICIES
ENERGY: nine Member States urge European Commission to include low-carbon hydrogen in Renewable Energy Directive
DIGITAL: DSA, European Commission publishes list of guidelines to help online platforms and search engines comply
HEALTH: European Commission and OECD provide new tools to tackle cancer inequalities in Europe
INDUSTRY: left and centre of European Parliament want to push idea of European sovereignty fund even further
AGRICULTURE: Paolo De Castro’s report on geographical indications could be adopted on 25 April in European Parliament Committee
AGRICULTURE: large number of EU ministers are calling for labelling origin of honey
FISHERIES: NGO Oceana calls for “gradual phasing out” of most energy-intensive and destructive fishing techniques
TRANSPORT: rural areas, externality, MEPs discuss transport emissions pricing in European Parliament Committee
TRANSPORT: European Parliament’s Transport Committee adopts draft resolution on developing European cycling strategy
CIRCULAR ECONOMY: EU Regulation on Ecodesign for Sustainable Products, public consultation launched on priority product categories
ECONOMY - FINANCE - BUSINESS
BANKS: European Banking Authority unveils its methodology for 2023 ‘stress tests’
TAXATION: OECD publishes a manual on multilateral mutual agreement procedures linked to tax certainty agenda
ECONOMY: euro area inflation estimated at 8.5% in January
INSTITUTIONAL
BUDGET: MEPs debate second basket of new own resources for EU
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
MEDIA: European Media Freedom Act, a promising tool, if strengthened
NEWS BRIEFS
HUMANITARIAN AID: EU mobilises €43 million in emergency aid for vulnerable people in Myanmar and Bangladesh
CLIMATE: revision of ETS, Interinstitutional Agreement submitted to Member States for approval on 8 February
DEFENCE: General André Erich Denk becomes Deputy Chief Executive of EDA
HUMAN RIGHTS: Udo Bullmann nominated as S&D candidate for Chair of Parliament Sub-Committee on Human Rights
ENERGY: EU plans to sign joint declaration with US to strengthen their energy cooperation
ENERGY: entry into force of regulation on ‘market correction mechanism’
FINANCE: European Supervisory Authorities consult on system for exchange of information relevant to fit and proper assessments
TAXATION: María José Garde elected Chair of EU Council’s ‘Code of Conduct’ Group
MULTILINGUALISM: Sweden must do more to protect minority languages, says Council of Europe
CSDP: EUMAM Ukraine doubles its training target to 30,000 troops
HEALTH: no change in EU Council to European Commission’s proposal on medical devices
HEALTH: DURABLE laboratory network will strengthen European capacity to combat health threats
TRANSPORT: updating stability requirements for passenger ships, Interinstitutional Agreement approved in European Parliament Committee
TRANSPORT: sales of electric vehicles increased by 28% in EU in 2022