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Europe Daily Bulletin No. 13351

16 February 2024
Contents Publication in full By article 16 / 30
Russian invasion of Ukraine / Ukraine
New assessment by EU and UN puts total cost of rebuilding Ukraine at over €400 billion
Brussels, 15/02/2024 (Agence Europe)

On Thursday 15 February, the World Bank, the Ukrainian government, the European Union and the United Nations published an update to their Rapid Damage and Needs Assessment (‘RDNA3’) report on the consequences of the war in Ukraine.

In this new version, the total cost of rebuilding the country has been revised upwards: at 31 December 2023, it stood at $486 billion (€452.8 billion) for the next decade, compared to $411 billion (€383 billion) estimated a year ago.

For 2024...

Contents

SECURITY - DEFENCE
NATO: Allies step up their military support for Ukraine
ECONOMY - FINANCE - BUSINESS
ECONOMY: growth in EU will be weaker than expected in 2024, but economic rebound still possible
ECONOMY: EU Council aims to validate agreement on revision of Stability Pact on 21 February
ECB: more data on anchoring of inflation path are needed to make a decision on key rates, says Christine Lagarde
TAXATION: MEPs want OECD agreement on corporate taxation taken into account in ‘BEFIT’ initiative
STATE AID: green light for third 'European Project of Common Interest’ to support deployment of ‘green’ hydrogen
COMPANIES: company law, EU Council ready to negotiate with European Parliament on text aimed at further digitising administrative processes
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL interview: coordination of social security systems – Belgian Presidency of EU Council must not prioritise “its national interests” says Gabriele Bischoff
EXTERNAL ACTION
WESTERN BALKANS: Edi Rama says that “it is now time for EU to realise that candidate countries from Western Balkans are in a situation where they deserve to be embraced”
SECTORAL POLICIES
RESEARCH: issue of long-term European financial support for research and innovation resurfaces in ministers’ discussions
DIGITAL: GDPR – European Parliament committee adopts ‘Lagodinsky’ report providing for standardisation of deadlines for handling complaints
COMPETITIVENESS: Member States to approve provisional agreement on Net-Zero Industry Act
ENERGY: European Commission launches a mid-term call for tenders for joint purchase of gas via AggregateEU to strengthen long-term energy security
HOME AFFAIRS: child pornography content online, Belgian Presidency of EU Council and European Parliament agree to extend interim measures until April 2026
CONSUMERS/ENVIRONMENT: MEPs agree on ‘substantiation and communication of companies’ green claims’ directive
Russian invasion of Ukraine
UKRAINE: new assessment by EU and UN puts total cost of rebuilding Ukraine at over €400 billion
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: CERV programme stands out as an effective tool for protecting and promoting EU values, according to Commission representatives
EDUCATION - YOUTH - CULTURE - SPORT
EDUCATION: European Schools System is an example of quality requiring adaptation, according to Andreas Beckmann
NEWS BRIEFS
HOME AFFAIRS: Commission grants financial aid to Estonia to support investigation into Balticconnector gas pipeline interruption
BUDGET: revision of Multiannual Financial Framework, EU Council about to submit approval request from European Parliament
CULTURE : Berlinale 2024, fifteen films supported by European Union competing for awards
DEFENCE: Ursula von der Leyen in favour of creating a European Defence Commissioner post
WOMEN’S RIGHTS: domestic violence and violence against women – MEPs approve compromise
ECONOMY: green light from EU Council for agreement with European Parliament on ‘Ukraine Facility’
ENVIRONMENT: revision of Air Quality Directives – final negotiations between European Parliament and EU Council on 20 February
ENVIRONMENT: EurEau concerned about European Commission’s decision to postpone adoption of Water Resilience Initiative
FINANCE: EMIR – EU Council approves agreement reached with European Parliament
DIGITAL: GDPR – EDPB considers a main establishment can only be deemed as such if it takes decisions on purposes of data processing
TRANSPORT: EU Council and European Parliament close to an agreement on ship-source pollution
CORRIGENDUM
MIGRATION: EU long-term resident status – date of next negotiation meeting between European Parliament and Belgian Presidency of EU Council not yet set