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Image header Agence Europe
Europe Daily Bulletin No. 13394
Contents Publication in full By article 19 / 32
Russian invasion of Ukraine / Economy

Ukraine Facility, implementation of investment framework in line with EU standards

18/04/2024 (Agence Europe) – On Thursday 18 April, the European Commission announced the establishment of an investment framework that meets European Union standards and aims to leverage up to €40 billion in public and private investment for the reconstruction of Ukraine. Equipped with €9.3 billion (€7.8 billion for loan guarantees and €1.51 billion for blended finance), this package is one of the components of the Ukraine Facility, the instrument that will implement the EU’s macrofinancial assistance to Ukraine of €50 billion until 2027 (see EUROPE 13344/18). A dedicated steering board, which met for the first time on Thursday, will manage this investment framework. On Monday, the Commission proposed that the EU Council approve the Ukrainian reform and investment programme. To see the Ukraine programme: https://aeur.eu/f/bq9 (MB)

Contents

EUROPEAN COUNCIL
COMPETITIVENESS: EU27 agree on a language to move forward on Capital Markets Union
SECTORAL POLICIES
CONSUMERS: artificial intelligence and sustainable trade on agenda of informal meeting of European consumer ministers
MIGRATION: Bulgaria and Romania strengthen cross-border police cooperation
REGIONS: European CoR advocates comprehensive reform of cohesion policy to accelerate financial implementation
ENERGY: Kadri Simson stresses importance of a more predictable business environment for development of renewable energy projects
ENERGY: with gas stocks filled to 59% by winter’s end, there is sufficient capacity to meet future demand, according to ENTSOG
ENERGY: ACER consults on European market rules on allocating gas transmission capacity
CLIMATE: European Commission launches LIFE Calls for Proposals 2024 for projects with funding of €571 million
CYBERSECURITY: France appeals to Legal Service of Council of EU as part of discussions on European cybersecurity certification scheme
TRANSPORT: European airline and rail company representatives approve 'Letta' report
AGRICULTURE : new rules on genomic techniques threaten resilience of agriculture, warns European Committee of Regions
AGRICULTURE: Copa-Cogeca publishes its ‘manifesto’ for European elections in June
FOOD SAFETY: most farmed fish are free from parasites, according to an EFSA opinion
ECONOMY - FINANCE - BUSINESS
BANKS: MEPs adopt symbolic position on European Deposit Insurance Scheme proposal
ECB: if inflation continues on current path, rate cut could be considered in June, confirms Luis de Guindos
EXTERNAL ACTION
HUMANITARIAN AID: EU calls for increased flow of humanitarian aid to Middle East
Russian invasion of Ukraine
UKRAINE : Iryna Vereshchuk calls on EU to continue its humanitarian support for Ukraine
RESEARCH: European Commission tops up budget for Marie Skłodowska-Curie Actions for displaced Ukrainian researchers by €10 million
ECONOMY: Ukraine Facility, implementation of investment framework in line with EU standards
REGIONS: Committee of Regions calls on EU to give more support to Ukraine’s towns and regions
SOCIAL AFFAIRS
SOCIAL/EMPLOYMENT: European Commission launches €23 million call for proposals to combat long-term unemployment
SOCIAL: access to housing, European Commission publishes a toolkit to help decision-makers make better use of European funds
COUNCIL OF EUROPE
Interview HUMAN RIGHTS : according to Michael O’Flaherty, new Commissioner for Human Rights, a Russian victory would mark beginning of end of European values project
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
WOMEN’S RIGHTS: Magali Gay-Berthomieu and Silvia Brunello denounce lack of a targeted legal response to obstetric and gynaecological violence
EDUCATION - YOUTH - CULTURE - SPORT
YOUTH: Commission wants to make it easier for 18-30 year olds to move between European Union and United Kingdom
CULTURE: Creative Europe’s ‘Circulation of European Literary Works’ project supported 1,213 authors between 2021 and 2023
COURT OF JUSTICE OF THE EU
COMPETITION: Court of Justice rules former Czech statute of limitations incompatible with EU law
NEWS BRIEFS
HUMANITARIAN AID: EU launches air bridge to Haiti
FUTURE OF EU: Emmanuel Macron to give second ‘Sorbonne speech’ on 25 April
BOSNIA AND HERZEGOVINA: EU calls on Republika Srpska to reverse some of its legislative initiatives that it claims undermine country’s constitutional order
ECONOMY: Luxembourg’s updated draft 2024 budget may not be in line with EU Council guidelines, says Commission
MEDIA: Media Freedom Act officially published in EU Official Journal