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Europe Daily Bulletin No. 13259

28 September 2023
Contents Publication in full By article 11 / 26
ECONOMY - FINANCE - BUSINESS / France
France maintains its target of reducing government deficit to 2.7% of GDP by 2027
Brussels, 27/09/2023 (Agence Europe)

On Wednesday 27 September, the French government presented its finance bill for 2024, which aims to reduce the deficit from 4.9% of national GDP in 2023 to 4.4% in 2024 in order to bring it back into line with the Stability and Growth Pact by 2027, i.e. to 2.7% of GDP.

Assuming GDP growth of 1.0% in 2023 and 1.4% in 2024, the French authorities are announcing a €16 billion reduction in public spending next year, of which €10 billion will come from the end of the tariff shield...

Contents

INSTITUTIONAL
FUTURE OF EU: European Commission reiterates its strategic autonomy priorities ahead of informal meeting of European leaders in Granada
EUROPEAN COMMISSION: four new directors appointed to several Directorates-General
SECTORAL POLICIES
DIGITAL: without effort on part of Member States, EU could miss out on objectives set out in political programme for Digital Decade
MIGRATION/HOME AFFAIRS: fate of ‘Crisis’ Regulation of ‘Pact on Migration and Asylum’ still hanging on a final buy-in from Berlin
ENERGY: improvements are needed in ENTSOG's draft cost-benefit analysis methodology for hydrogen infrastructure, according to ACER
TRANSPORT: rail traffic has increased between 2015 and 2019, according to European Commission
ENVIRONMENT/FOOD SAFETY: NGOs urge EU countries to vote against authorisation of glyphosate after new criminal complaint against Bayer in Austria
Russian invasion of Ukraine
UKRAINE: long-term effort to revive Ukrainian economy must start now, says Penny Pritzker
EXTERNAL ACTION
UNITED STATES: EU-US summit to be held in Washington on 20 October
ECONOMY - FINANCE - BUSINESS
MONEY LAUNDERING: some EU countries want to reconsider certain criteria for selecting seat for future AMLA
FRANCE: France maintains its target of reducing government deficit to 2.7% of GDP by 2027
ECB: MEPs from ECR and EPP groups call for a pause in digital euro project
TAXATION: digital transformation benefits compliance and reduces burdens on taxpayers, says OECD
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: EU Council examines access to housing for Roma communities
COURT OF JUSTICE OF THE EU
COMPETITION: general Court annuls a 2014 Commission decision holding that a Spanish tax scheme was contrary to EU law
COMPETITION: Valve and five video game publishers have infringed competition law, confirms General Court
NEWS BRIEFS
HOME AFFAIRS: European citizens in favour of digitising travel documents to facilitate travel within Schengen, according to Eurobarometer survey
AGRICULTURE: European Commission approves new Swedish geographical indication
BANKS: EU banks have “almost fully absorbed” impact of ‘Basel III' reform, according to European Banking Authority
ECB: Governing Council approves appointment of Piero Cipollone to Executive Board
ECONOMY: Latvia submits revised recovery plan including ‘REPowerEU’ chapter
FINANCE: European Commission launches a joint competence framework to improve financial education for children and youth
FINANCE: ‘DORA’, European supervisory authorities recommend development of an appropriate taxonomy for information technologies
GEORGIA: Olivér Várhelyi encourages Tbilisi to speed up reforms
JAPAN: 42 new geographical indications protected between EU and Japan
RESEARCH: EIT announces launch of SPECTRO, an advanced educational programme focusing on cybersecurity and robotics