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Image header Agence Europe
Europe Daily Bulletin No. 13398
Contents Publication in full By article 39 / 49
EUROPEAN PARLIAMENT PLENARY / Banks

Parliament adopts position on ‘CMDI’ package to strengthen banking crisis management

24/04/2024 (Agence Europe) – On Wednesday 24 April, the European Parliament adopted by a large majority its position on the ‘CMDI’ legislative package (BRRD directive: 335 in favour, 224 against, 70 abstentions; SRM regulation: 352 votes in favour, 213 against, 67 abstentions; DGS directive: 385 votes in favour, 180 against, 56 abstentions) aimed at strengthening banking crisis management, adopting unchanged the position of the Committee on Economic and Monetary Affairs (ECON) (see EUROPE 13376/21). It approves the extension of the scope of bank resolution to medium-sized banks, by mobilising national bank deposit guarantee schemes to provide bridge financing for bank resolution. Links to the approved texts: https://aeur.eu/f/bxc (BRRD3); https://aeur.eu/f/bxb (SRM3); https://aeur.eu/f/bxa (DGS) (MB)

Contents

MEDIA: Agence Europe’s podcast Le quart d’heurope lays out challenges facing 2024–2029 EU legislature
EXTERNAL ACTION
CHINA: EU tackles restrictions on access to Chinese public procurement contracts
TURKEY: European Court of Auditors unable to prove effectiveness and usefulness of Facility for Refugees
SECTORAL POLICIES
HEALTH: European Commission announces launch of Critical Medicines Alliance to prevent shortages
DIGITAL: TikTok announces suspension of its ‘TikTok Lite’ rewards programme following investigation launched by Commission
RESEARCH: European Commission and Singapore agree to examine terms and conditions of Singapore’s association with Horizon Europe
EP2024
EUROPEAN PARLIAMENT 2024: ECR party adopts its manifesto for European elections, deciding not to present ‘Spitzenkandidat’
EUROPEAN PARLIAMENT PLENARY
CLIMATE: denounced by European Greens, European Parliament’s right wing defends annihilating European Green Deal and advocates finding a “balance”
ENERGY: overwhelming support in European Parliament for withdrawal from Energy Charter Treaty
ECONOMY: call for European Parliament to confiscate frozen Russian assets in EU
MIDDLE EAST: MEPs call on EU to take a firmer line with Iran
EGYPT: some MEPs continue to criticise global partnership between EU and Egypt
ENLARGEMENT: European Parliament celebrates 20 years since ten Member States joined EU
COMPANIES: Corporate Due Diligence Directive, European Parliament validates provisional agreement
DIGITAL: European Parliament ratifies Cyber Solidarity Act
SOCIAL: MEPs overwhelmingly confirm agreement reached with EU Council on digital platform workers
WOMEN’S RIGHTS: combating domestic violence and violence against women, directive approved by European Parliament and Member States
FUNDAMENTAL RIGHTS: European Disability and Parking Cards, European Parliament approves directive and its extension to third-country nationals
AGRICULTURE : MEPs approve changes to certain Common Agricultural Policy rules
AGRICULTURE : MEPs approve their position on plant reproductive material rules
AGRICULTURE : European Parliament confirms its first-reading position on new genomic techniques
AGRICULTURE : MEPs approve new rules for setting up EU plant health emergency team
ENVIRONMENT: European Parliament votes in favour of stricter limits for several atmospheric pollutants by 2030
ENVIRONMENT: European Parliament approves interinstitutional agreement on ‘Packaging and Packaging Waste’ regulation
COMPANIES: European Parliament in favour of improving transparency of environmental, social and governance ratings
HOME AFFAIRS: MEPs reluctantly approve reform of Schengen Borders Code
INTERNAL MARKET: European Parliament validates provisional agreement on Internal Market Emergency and Resilience Act (‘IMERA’)
DIGITAL: latest translated version of ‘AI Act’ approved by MEPs
ENERGY: European Parliament approves delegated act adding raw materials to list for production of biogas and biofuels
WESTERN BALKANS: European Parliament validates interinstitutional agreement on €6 billion growth plan
HAITI: Janez Lenarčič urges Haitian political forces to form transitional government
HEALTH: European Parliament validates interinstitutional agreement on European Health Data Space
HEALTH: European Parliament ratifies compromise text on quality and safety standards for substances of human origin
TRANSPORT: European Parliament approves updated TEN-T network guidelines
TRANSPORT: European Parliament approves improved cooperation between Member States to punish dangerous foreign drivers
FINANCE: European Parliament calls for greater transparency and better supervision of benchmark indices
FINANCE: EMIR, European Parliament approves agreement reached with EU Council
FINANCE: Listing Act, European Parliament approves agreement reached with EU Council
BANKS: Parliament adopts position on ‘CMDI’ package to strengthen banking crisis management
BANKS: Parliament green lights appointment of Germany’s Karen Braun-Munziger to ‘Single Resolution Board’
EUROPEAN PARLIAMENT: MEPs approve principle of compulsory training for elected representatives to prevent conflict and harassment in workplace
COURT OF JUSTICE OF THE EU
TRANSPARENCY: EU General Court partially annuls decision by Frontex refusing request for access to documents
INSTITUTIONAL
BUDGET: European Commission raises €8 billion in its 4th syndicated transaction of 2024
ECONOMY - FINANCE - BUSINESS
ECB: according to Mr Cipollone, a digital euro combined with ECB’s retail payment strategy will make it possible to meet challenges in payments sector
SECURITY - DEFENCE - SPACE
SPACE: launch of new EU Space Information Sharing and Analysis Centre
DEFENCE: in 2023, European Defence Agency managed over 90 cooperative projects and programmes
NEWS BRIEFS
ECONOMY: European Commission disburses €1.5 billion in macrofinancial assistance to Ukraine
INTERNAL MARKET: access to regulated professions and proportionality, European Commission refers Czech Republic to EU Court of Justice
INTERNAL MARKET: Commission refers Greece to EU Court of Justice for incorrect application of EU rules on late payments