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Europe Daily Bulletin No. 13411

17 May 2024
Contents Publication in full By article 13 / 24
ECONOMY - FINANCE - BUSINESS / Finance
Christian Noyer suggests making rapid progress with most willing EU countries on Capital Markets Union
Paris, 16/05/2024 (Agence Europe)

On Thursday 16 May, the honorary governor of the Banque de France, Christian Noyer, suggested that it would be in Europe’s interest for several “major countries” in the European Union to join forces to implement his recommendations on the Capital Markets Union (CMU) project in the event of a deadlock between the EU27.

“The others will be reluctant to stay outside”, he added on Thursday, at a conference in Paris during which he detailed the measures proposed by his committee, set...

Contents

SECTORAL POLICIES
DIGITAL: European Commission opens formal proceedings against Meta under DSA
COMPETITIVENESS: act on critical raw materials will not be enough to achieve objectives set by EU, according to several manufacturers
MIGRATION: fifteen Member States call on European Commission to examine new solutions to prevent migrants from arriving in EU
MIGRATION: European Commission says no opt-out clause for Netherlands on asylum or migration policies
CONSUMERS: following numerous complaints, European Commission is forcing Viagogo to review platform’s transparency policy
CLIMATE/ENVIRONMENT: Committee of Regions calls for greater cooperation between local authorities, national governments and international organisations
TRANSPORT: European Commission inaugurates new border crossing point between Ukraine and Moldova
ENERGY: number of players in energy sector welcome proposal for new network code to meet demand
SECURITY - DEFENCE
DEFENCE: EU to invest €1,031 million in 54 defence projects through European Defence Fund
NATO: according to General Cavoli, Russia does not have capability to do a major breakthrough
EXTERNAL ACTION
GEORGIA: Charles Michel tries to help Georgians end crisis
SERBIA/KOSOVO: EU regrets failure of negotiations on transactions in Serbian dinars in Kosovo
ECONOMY - FINANCE - BUSINESS
FINANCE: Christian Noyer suggests making rapid progress with most willing EU countries on Capital Markets Union
TAXATION: EU needs an “excess profits” tax, according to a study by The Left in European Parliament
INSTITUTIONAL
NETHERLANDS: Renew Europe group in the European Parliament denounced after announcement by liberal VVD party of coalition with far-right PVV party
COURT OF JUSTICE OF THE EU
SOCIAL: family allowances, EU Court of Justice finds Luxembourg indirectly discriminated against frontier workers
CONSUMERS: rights of air passengers, EU Court of Justice clarifies concept of ‘extraordinary circumstance’
NEWS BRIEFS
CHINA: EU opens two new anti-dumping investigations into Chinese products
CULTURE: 70th anniversary of Hague Convention for Protection of Cultural Property in Event of Armed Conflict, European Commission reaffirms its commitment
ECONOMY: Luxembourg presents a revised recovery plan containing a ‘REPowerEU’ chapter
GENDER EQUALITY: CNRS, Universitat Rovira i Virgili and Technological University of Shannon are winners of ‘Gender Equality Champions Award 2023’
FINANCE: ESMA publishes new guidelines on fund names using ESG or sustainability terms
EP2024: ECR Group in European Parliament will not be taking part in electoral debate on 23 May
RESEARCH: European Patent Office unveils 12 finalists for its European Inventor Award 2024