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Europe Daily Bulletin No. 13133

3 March 2023
Contents Publication in full By article 17 / 32
ECONOMY - FINANCE - BUSINESS / Taxation
Proposed ‘DEBRA’ directive continues to divide MEPs
Brussels, 02/03/2023 (Agence Europe)

On Wednesday 1 March, MEPs in the Committee on Economic and Monetary Affairs (ECON) examined amendments to the proposed ‘DEBRA’ (‘debt-equity reduction allowance’) directive on a deductible tax incentive for debt. The division between the EPP and Renew Europe groups, which are in favour, and the Greens/EFA and The Left groups persists (see EUROPE B13098A15).

The European Commission’s proposal aims to facilitate access to finance for businesses to become more resilient by...

Contents

SECTORAL POLICIES
COMPETITIVENESS: coalition of Member States against relaxation of State aid rules is becoming increasingly vocal
CONSUMERS: future ‘Financial Services at a Distance’ Directive, EU Council adopts its position
DIGITAL: data collection and sharing for short-term rental accommodation, EU Council adopts position for negotiations with Parliament
FOOD SAFETY: European Parliament committee hopes to vote on controversial pesticide proposal on 18 July
FISHERIES: Swedish Presidency of EU Council suggests concessions to European Parliament on control system
SEA: EU announces commitments worth €816.5 million to protect oceans
CLIMATE: European Parliament Committee on Environment notes importance of agriculture and forestry in achieving carbon neutrality
TRANSPORT: MEPs take stock of differences between Parliament and EU Council in ‘FuelEU Maritime’ negotiations
ENERGY: 22 Member States have expressed interest in joint gas procurement, aggregating gas demand to over 17 billion m³
ENERGY: common European standards key to deploying hydrogen technologies, according to European Commission and European Clean Hydrogen Alliance
HOME AFFAIRS: terrorism and crime, MEPs question usefulness of collecting more personal data from air passengers
JUSTICE: European Public Prosecutor’s Office ordered freezing of €359.1 million in 2022
EXTERNAL ACTION
DEMOCRACY: US and EU must work together to counter Russian and Chinese disinformation
NEAR EAST: independent international commission of inquiry calls for Israeli accountability
Russian invasion of Ukraine
FUNDAMENTAL RIGHTS: language barrier as blocking factor for integration of Ukrainian refugees in EU
ECONOMY - FINANCE - BUSINESS
FINANCE: MEPs set out their position on revision of rules governing central securities depositories
TAXATION: proposed ‘DEBRA’ directive continues to divide MEPs
BANKS: Single Resolution Board will develop a strategic plan for 2024-2028 period
STATE AID: European Commission extends in-depth investigation into German plans for early closure of lignite-fired power plants
INSTITUTIONAL
BUDGET: EU Court of Auditors criticises “piecemeal approach” of EU financial landscape
COURT OF JUSTICE OF THE EU
EMPLOYMENT: daily rest is in addition to weekly rest, says Court of Justice of European Union
POLAND: CJEU advocate general doubts independence of mechanism allowing Polish judge to continue to hold office beyond retirement age
ENVIRONMENT: Poland condemned for failing to comply with EU Birds and Habitats Directives
SOCIAL AFFAIRS
SOCIAL: European social partners in construction sector want to make progress on a European interconnection of national ‘social identity cards’
NEWS BRIEFS
DEFENCE: EU approves €110 million support for Somalia
ECONOMY: euro area inflation estimated at 8.5% in February
ECONOMY: Bundesbank records first loss in over four decades
ENVIRONMENT: banned pesticides, NGOs call on Belgium to respect EU Court of Justice ruling
INDUSTRY: MEPs approve provisional agreement on ‘machinery and equipment’ regulation
DIGITAL: DSA, European Commission sets new fee rules for online platforms and search engines
DIGITAL: Sokol report on accelerating digitalisation of public services adopted in European Parliament committee
RESEARCH: European SUGA consortium will ensure operationalisation of EIT’s Knowledge and Innovation Community Culture & Creativity by 2024