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Image header Agence Europe
Europe Daily Bulletin No. 13348
Contents Publication in full By article 10 / 28
Russian invasion of Ukraine / Economy

Imminent start to confiscation of frozen Russian public assets in EU

On Monday 12 February, the Council of the European Union adopted a decision clarifying the obligations of EU central securities depositories holding more than €1 million in assets of the Central Bank of Russia, in response to the Russian invasion of Ukraine (see EUROPE B13339A14).

These central depositories, especially the Belgian company Euroclear, will be required to sequester these Russian assets, mainly cash, as well as the profits they have generated.

The decision will come into...

Contents

EXTERNAL ACTION
MIDDLE EAST: support from European Union is critical, warns Philippe Lazzarini
MIDDLE EAST: Josep Borrell calls on United States to limit arms deliveries to Israel
FOREIGN AFFAIRS/DEVELOPMENT: financing EU’s external assistance 2024-2027, Development Ministers outline future strategic priorities
HUMANITARIAN AID: European Commission initially plans to mobilise €1.8 billion in 2024 in response to enormous humanitarian needs around world
INDONESIA: Jakarta takes EU anti-dumping tariffs on fatty acids to WTO
SECURITY - DEFENCE
CSDP: Aspides mission officially established
NATO: NATO cannot be an “à la carte alliance”, warns Josep Borrell
ECONOMY - FINANCE - BUSINESS
ECONOMY: revision of Stability Pact, MEPs secure an investment-friendly provision from EU Council
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: coordination of social security rules, European Parliament is to evaluate its latest options
Russian invasion of Ukraine
ECONOMY: imminent start to confiscation of frozen Russian public assets in EU
AGRICULTURE: Valdis Dombrovskis seeks to reassure MEPs that EU agriculture will be protected from Ukrainian imports
SECTORAL POLICIES
AGRICULTURE: David Clarinval confirms EU Council will stop work on pesticides and start work on simplifying CAP
AGRICULTURE: nineteen EU Member States in favour of proposal to derogate from EU set-aside rules in 2024
HOME AFFAIRS: interim legislation on child pornography content, European Parliament and Belgian Presidency of EU Council need more time to reach an agreement
TRANSPORT: Council of EU and European Parliament close to agreement on maritime accident investigations
TRANSPORT: exchange of road traffic offence information – issue of restricted areas holding up negotiations between Parliament and the EU Council
RESEARCH: Europeans and Britons celebrate UK’s association with Horizon Europe
ENERGY: “fully-fledged hydrogen economy with a developed decentralised demand is not yet in sight”, according to ACER
CLIMATE: in Liège, non-state actors call for adaptation to climate change to be made a key priority in European policy-making
INTERNAL MARKET: Europe’s GDP could grow by 9% with fully-fledged Single market, according to CEPS report
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
DEMOCRACY: Germany, France and Poland announce launch of a future detection and response mechanism to combat online disinformation
INSTITUTIONAL
BUDGET: MEPs debate resilience of EU budget in face of crises with members of various national parliaments
NEWS BRIEFS
COHESION: Mr Alves Cordeiro and Mr Di Rupo welcome agreement on reform of European fiscal rules
FINANCE: revision of EMIR regulation – compromises reached during negotiations between EU institutions sweep aside demands of European Parliament
MOLDOVA: European Commission consults on liberalisation of trade with Chisinau
RESEARCH: EIC launches SPIN4EIC to help its beneficiaries access public procurement markets
SOCIAL: digital platform workers, text of provisional agreement between European Parliament and EU Council sent to Member States
TRANSPORT: EU Council validates agreements with European Parliament on TEN-T network and on occasional passenger transport