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Image header Agence Europe
Europe Daily Bulletin No. 13184
Contents Publication in full By article 5 / 39
ECONOMY - FINANCE - BUSINESS / Economy

Inflation up slightly to 7% in euro area, but down to 8.1% in EU in April

On Wednesday 17 May, Eurostat largely confirmed its estimates of 2 May (see EUROPE B13173A17): annual inflation (Harmonised Index of Consumer Prices - HICP) in the euro area rose to 7% in April, from 6.9% in March.

In the EU, on the other hand, inflation appears to be falling: the annual HICP inflation rate was 8.1% in April. It was 8.3% in March.

Core inflation seems to have peaked or plateaued in the euro area. Growth in consumer prices excluding energy, food, alcohol and tobacco slowed...

Contents

Time off: Ascension Day
COUNCIL OF EUROPE
COUNCIL OF EUROPE: Council of Europe member states meeting in Reykjavik with Ukraine agree on a “strong and robust” Final Declaration
REGIONS: EU local and regional authorities want to play key role in implementing decisions of Council of Europe summit
ECONOMY - FINANCE - BUSINESS
CUSTOMS: European Commission proposes an in-depth reform
ECONOMY: inflation up slightly to 7% in euro area, but down to 8.1% in EU in April
MONEY LAUNDERING: Nigeria and South Africa added to EU list of high-risk third countries
COMPETITION: European Commission expresses reservations about Korean Air’s acquisition of Asiana in preliminary opinion
COMPETITION: fuel distribution in Slovenia, European Commission clears acquisition of OMV Slovenija by MOL, subject to conditions
EXTERNAL ACTION
FOREIGN AFFAIRS: Ukraine, Western Balkans and Horn of Africa on agenda of ‘Foreign Affairs’ Council on Monday 22 May
BOSNIA AND HERZEGOVINA: Olivér Várhelyi confident in role of EU-Bosnia and Herzegovina High-Level Political Forum in accelerating country’s accession to EU
MALI: EU calls on Mali to bring to justice those responsible for violence in Moura
INTELLECTUAL PROPERTY: China remains most worrying country on intellectual property rights according to European Commission report
SECURITY - DEFENCE - SPACE
DEFENCE: military support for Ukraine, increase in European Peace Facility and cooperation with NATO on table of European Defence Ministers
SECTORAL POLICIES
COMPETITIVENESS: ecodesign, long-term competitiveness, raw materials, research and space on agenda of internal market ministers
COMPETITIVENESS: 40% target for production of ‘net zero’ technologies does not make sense, according to Bruegel and I4CE
HEALTH: EU and US pledge to expand cooperation in fight against cancer and global pandemics
HEALTH: two world-class centres of health excellence will be created in Provence-Alpes-Côte d'Azur region
INTELLECTUAL PROPERTY: EU Member States are against extension of mandate of EUIPO Executive Director, at this stage
JUSTICE: EU Member States comment on European Parliament’s proposals on protection of environment through criminal law ahead of inter-institutional negotiations
ENERGY: EU ambassadors’ discussions on Renewable Energy Directive postponed
ENERGY: industry sector was mainly dependent on fossil fuels in 2021
CLIMATE: more than 272 million allowances to be placed in ETS market stability reserve for 2022
CLIMATE: according to Eurostat, GHG emissions from EU economic activity decreased by 4% between 2021 and last quarter of 2022
DIGITAL: GDPR poorly enforced against ‘Big Tech’, says Irish association
INSTITUTIONAL
BUDGET: European Parliament Committee on Budgetary Control finds persistent shortcomings in respect of rule of law in Hungary
EDUCATION - YOUTH - CULTURE - SPORT
EYCS: EU ministers reaffirm importance of an effective European education area and of promoting reading
COURT OF JUSTICE OF THE EU
CONSUMERS: a consumer who has withdrawn from an off-premises contract is exempt from any obligation to pay if they have not been informed of this right of withdrawal
JUSTICE: according to EU Court of Justice, a request for a preliminary ruling does not prevent referring court from continuing main proceedings in part
Russian invasion of Ukraine
STATE AID: European Commission approves extensions to Greek aid scheme for non-residential electricity consumers
NEWS BRIEFS
AGRICULTURE: European Commission approves registration of an Italian product as a PDO
CHINA: EU renews anti-dumping duty on certain Chinese steel plates
CLIMATE: Frans Timmermans to meet elected local officials in Poland on 18 May to discuss fair ‘European Green Deal’
FUNDAMENTAL RIGHTS: EU honours LGBTQI+ rights on International Day Against Homophobia
UNITED ARAB EMIRATES: EU and UAE are working to deepen their relationship
EMPLOYMENT: first meeting of EU-US ‘Talent for Growth’ task force
FINANCE: European Commission adopts draft Memorandum of Understanding to enhance EU/UK regulatory cooperation in financial services
MERCOSUR: Paraguayan President criticises EU environmental demands for EU/Mercosur agreement
EUROPEAN PARLIAMENT: EU27 agree to hold European Parliament elections from 6 to 9 June 2024
RESEARCH: European Commission to propose €122 million to strengthen and connect European innovation ecosystems