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Image header Agence Europe
Europe Daily Bulletin No. 13341
Contents Publication in full By article 25 / 31
NEWS BRIEFS / Economy

Inflation estimated at 2.8% in January, and unemployment at 6.4% in December in euro area

01/02/2024 (Agence Europe) – The annual inflation rate in the euro area is estimated at 2.8% in January 2024, compared with 2.9% in December 2023, according to a flash estimate published by the Statistical Office of the European Union (Eurostat) on Thursday 1 February. Prices rose by 0.9% in Italy, 3.1% in Germany, 3.4% in France and 3.5% in Spain. In terms of the main components of inflation, food, alcohol and tobacco are expected to have the highest annual rate (5.7%), followed by services (4.0%), non-energy industrial goods (2.0%) and energy (-6.3%). At the end of December 2023, the seasonally-adjusted unemployment rate was 6.4% in the euro area (10.9 million people), stable compared to November, and 5.9% in the EU (12.9 million people), also stable over the same period. (MB)

Contents

EUROPEAN COUNCIL
BUDGET: EU27 agree on an extension of EU budget, including €50 billion in macro-financial aid to Ukraine
UKRAINE: European leaders reiterate their commitment to military support for Ukraine
MIDDLE EAST: Josep Borrell calls for continued support for UNRWA
AGRICULTURE: EU leaders call on European Commission to reduce administrative burden arising from CAP rules
MERCOSUR: European leaders continue to be divided over fate of EU-Mercosur agreement
ECONOMY - FINANCE - BUSINESS
PAYMENTS: MEPs fine-tune their position on revision of EU rules governing payment services
COMPANIES: Germany could refuse to vote in favour of European directive on due diligence
FINANCE: European Parliament-EU Council agreement on ‘Listing Act’ package aiming to facilitate listing small European companies on stock exchange
FINANCE: according to industry professionals, implementing legislation is main challenge for coming years
SECTORAL POLICIES
INTERNAL MARKET: provisional agreement between European Parliament and EU Council on Single Market Emergency Instrument
AGRICULTURE: David Clarinval is not giving up on proposal concerning use of pesticides
AGRICULTURE: European Committee of Regions calls for more effective crisis management tools
RESEARCH: Belgian Presidency of the EU Council focuses its work on making the most of research results
HEALTH: innovation in fight against cancer has increased by more than 70% since 2015, according to EPO
CLIMATE: European Committee of Regions encourages local action to tackle health threats posed by climate change
COMPETITIVENESS: investment in green technologies is still insufficient in EU, according to Cleantech for Europe
EXTERNAL ACTION
FOREIGN AFFAIRS: Ukraine, Middle East, Africa and Turkey on agenda of informal meeting of European foreign ministers
MYANMAR: three years after coup, EU condemns human rights violations committed by military regime
WEST AFRICA : EU hopes Mali, Burkina Faso and Niger will resume dialogue with ECOWAS
WTO: international business representatives call on WTO to prove its worth at 13th Ministerial Conference
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: digital platform workers, Belgian Presidency of EU Council and European Parliament draw up key principles for triggering presumption of salaried status
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: European Disability Forum calls on future MEPs to commit to “an inclusive future”
COURT OF JUSTICE OF THE EU
COMPETITION: Court of Justice of EU upholds fine imposed on Scania for participating in illegal cartel
INSTITUTIONAL
EP2024: Didier Reynders will not head Belgian liberals’ list for European elections, following Charles Michel’s U-turn
NEWS BRIEFS
ECONOMY: inflation estimated at 2.8% in January, and unemployment at 6.4% in December in euro area
ENERGY: ACER calls for improvements to new gas transmission tariffs proposed for Poland
DIGITAL: three weeks before presentation of future ‘connectivity’ package, Thierry Breton reassures telecoms sector about content of future text
DIGITAL: DSA, MEPs question Commission on lack of independence of authority designated by Hungary as Digital Services Coordinator
INTELLECTUAL PROPERTY: Directive on Copyright and Related Rights, European Audiovisual Observatory highlights lack of transparency in contractual relations
CIVIL PROTECTION: Ukraine, 140,000 tonnes of emergency aid in kind delivered by EU in 2 years
SOCIAL: detection of asbestos in buildings, Commission still intends to present a legislative initiative before end of parliamentary term