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Europe Daily Bulletin No. 13171

28 April 2023
Contents Publication in full By article 17 / 38
ECONOMY - FINANCE - BUSINESS / Euro
ECB notes effective transmission of its monetary policy in euro money market
Brussels, 27/04/2023 (Agence Europe)

On Wednesday, 26 April, the European Central Bank (ECB) published its Euro Money Market Study 2022, which details developments in this market between January 2021 and December 2022. One of the main indications from the study is the effective transmission of rate hikes decided by the Governing Council to this market, particularly to rates in the unsecured segment of money [market] transactions.

In particular, the study looked at the consecutive increases in the deposit facility...

Contents

SECTORAL POLICIES
PATENTS: European Commission presents a series of regulations to modernise patent environment
HEALTH: ‘medicines package’ could be more ambitious to prevent shortages, say MEPs
CLIMATE: for Hans Bruyninckx, success of European climate objectives depends on a strong social framework
INTERNAL MARKET/TRADE: European Parliament rapporteurs outline their future report on regulation against forced labour
HOME AFFAIRS: Member States continue to reflect on child pornography content online
BIODIVERSITY: Member States’ work progresses to make time frames more flexible regarding future Nature Restoration Regulation
ENVIRONMENT: compromise by Swedish Presidency of EU Council to refine reform of industrial emissions register
ENVIRONMENT: broad support from MEPs for ‘Burkhardt’ report in favour of binding rules for sustainable textiles
ENVIRONMENT: European Commission defends Virginijus Sinkevičius, accused by EPP of campaigning for Spanish Socialist Party
AGRICULTURE: EU must become food independent, say MEPs
MIGRATION: Jonas Grimheden gives mixed assessment of fundamental rights within Frontex
TRANSPORT: EU Council Presidency refines its proposal on deployment of intelligent transport systems
ECONOMY - FINANCE - BUSINESS
EUROGROUP: macroeconomic situation and banking sector resilience on ministerial agenda
ECOFIN: EU economy and finance ministers and central bank governors will discuss mobilisation of private capital to finance economy and reconstruction of Ukraine
FINANCE: European Commission drops ban on broker inducements as part of its future retail investment strategy
ECONOMY: Slovakia and Malta each submit revised national recovery plan with ‘REPowerEU’ chapter
EURO: ECB notes effective transmission of its monetary policy in euro money market
Russian invasion of Ukraine
JUSTICE: International Centre for Prosecution of Crime of Aggression will be operational by June, according to Myroslava Krasnoborova
NATO: Allies and NATO partners have delivered 1,550 armoured vehicles and 230 tanks to Ukraine, according to Mr Stoltenberg
UKRAINE: MEPs approve extension of suspension of import duties from Ukraine
CHINA: EU welcomes call between Presidents Zelensky and Xi
EXTERNAL ACTION
VENEZUELA: Josep Borrell does not rule out EU observing 2024 presidential elections
WESTERN BALKANS: in European Parliament committee, several MEPs argue for gradual integration to boost EU accession process
INSTITUTIONAL
BUDGET: MEPs adopt their position on financial regulation recast
BUDGET: European Commission has reservations about integrating 'Modernisation Fund' into EU budget
BUDGET: MEPs approve resolution to reduce impact of increased borrowing costs of European recovery instrument
SOCIAL AFFAIRS - EMPLOYMENT
Interview SOCIAL: coordination of social security rules, EU Council must not stubbornly pursue paths that will lead to “deadlock” with European Parliament, warns Gabriele Bischoff
EMPLOYMENT: people with disabilities excluded from quality employment, says European Disability Forum
COUNCIL OF EUROPE
ENVIRONMENT: Parliamentary Assembly of Council of Europe calls for political strategies to deal with natural disasters
EDUCATION - YOUTH - CULTURE - SPORT
SPORT: Swedish Presidency of EU Council wants to clarify rules on EU representation in World Anti-Doping Agency
COURT OF JUSTICE OF THE EU
JUSTICE: for Advocate General of Court of Justice of EU, controller can be held liable for unlawful disclosure of personal data
SPACE: Galileo programme, EU General Court rejectsOHB System’s appeal against award of transition satellite contract to Thales Alenia Space Italia and Airbus Defence & Space
NEWS BRIEFS
COHESION: Commissioner Elisa Ferreira in Réunion for region’s 40th anniversary celebrations
COMPETITION: European Commission raises aid ceilings for certain disadvantaged regions in Portugal
GULF: EU27 ambassadors approve appointment of Luigi di Maio as EU Special Representative
RESEARCH: Science Europe joins DORA declaration for better research evaluation
TRANSPORT: EU Council to endorse agreement on deployment of alternative fuel infrastructure
TRANSPORT: EU Council to endorse agreement on renewable and low-carbon fuels for maritime transport