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Europe Daily Bulletin No. 13420

31 May 2024
Contents Publication in full By article 31 / 40
NEWS BRIEFS / Banks
EU Council adopts ‘Basel III’ legislative package

30/05/2024 (Agence Europe) – On Thursday 30 May, the Council of the European Union formally adopted the legislative package to finalise the introduction in the EU of the so-called ‘Basel III’ prudential standards on banking (see EUROPE B13210A1). Introduced in stages between now and 2030, the legislative package includes an output floor for each entity in a banking group that uses an internal model to calculate their capital requirements in relation to the risks that they take. Other...

Contents

Russian invasion of Ukraine
ENERGY: European energy ministers continue their work on a definitive phase-out of Russian fossil fuels
SECTORAL POLICIES
ENERGY: EU Council gives final green light to withdrawal and modernisation of Energy Charter Treaty
ENERGY: Germany to abolish gas storage neutrality charge following appeals from Austria, Hungary, the Czech Republic and Slovakia
ENERGY: Germany and France agree on a joint action plan to exploit potential of flexible energy systems
ENERGY: Berlin, Vienna and Rome sign joint declaration of intent to accelerate establishment of hydrogen corridor connecting three countries
ENERGY: rapid deployment of clean technologies makes energy cheaper, according to new report from International Energy Agency
AGRICULTURE: European Commission clarifies support for farmers in event of exceptional weather events
HEALTH: medical devices, EU Council adopts new rules to help prevent shortages
HEALTH: European organisations call on EU to put an end to smoking
ENVIRONMENT: EU Council approves amendment to regulation banning use of mercury-based dental products
ENVIRONMENT: Commission announces winners of ‘Natura 2000’ Award for 2024
DIGITAL: European start-up associations call for greater integration of European single market to foster innovation
RESEARCH: EIC launches third edition of its corporate partnership programme
EXTERNAL ACTION
TRADE: EU27 attempt to find common line on trade policy
ISRAEL: on a trip to Israel, Mr Várhelyi meets Mr Netanyahu and Mr Gallant, both subject of requests for arrest warrants from ICC Prosecutor
HONG KONG: EU denounces conviction of 14 people in ‘Hong Kong 47’ case
SOCIAL AFFAIRS
Interview SOCIAL/EMPLOYMENT: Esther Lynch believes there are real risks for workers’ rights in getting close to far-right parties
INSTITUTIONAL
EU2024HU: future Hungarian Council Presidency’s priorities are migration, Ukraine, competitiveness, defence, and demography
EP2024
EP2024: Viktor Orbán reaffirms that he wants Fidesz MEPs to join ‘ECR’ group in European Parliament
ECONOMY - FINANCE - BUSINESS
MONEY LAUNDERING : EU Council adopts strengthened rules and approves creation of a European agency
TAXATION: implementation of minimum corporate taxation impedes discussions on ‘BEFIT’ initiative at EU Council
ECB: Christine Lagarde answers Paul Tang’s questions on climate concerns in context of monetary policy
FINANCE: insurance industry calls on European Union to prioritise implementation of Capital Markets Union
FINANCE: Europe’s stock exchange industry advocates five key reforms for more competitive EU capital market by 2030
COMPETITION: European Commission unconditionally approves KKR’s acquisition of NetCo for wholesale broadband access services
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: political participation of people with disabilities, European Union Agency for Fundamental Rights takes stock before elections
FUNDAMENTAL RIGHTS: European Disability Forum welcomes achievements of European Parliament’s Disability Intergroup
COURT OF JUSTICE OF THE EU
DIGITAL: Court of Justice of EU reaffirms principle of free movement of services in e-commerce
CONSUMERS: EU Court of Justice clarifies concept of ‘online order with obligation to pay’
NEWS BRIEFS
HOME AFFAIRS : in fight against corruption, European Commission launches a €3 million call for projects
BANKS: EU Council adopts ‘Basel III’ legislative package
ECB: ECB publishes list of members of digital euro Rulebook Development Group
TRADE: EU Council adopts tariff increases on certain Russian and Belarusian agricultural products
CONSUMERS: EU Council approves Right to Repair Directive
CULTURE: European Commission and Europa Nostra announce 26 winners of 2024 European Heritage Awards
EDUCATION: Erasmus+, European Commission launches a new initiative for faster and easier access to statistical data
COMPANIES: EFRAG publishes new technical explanations on sustainability reporting standards
HONDURAS: first bilateral consultations with EU
MIGRATION: EU Council approves a new agreement between Frontex and Serbia
CSDP: Rolf Holmboe’s term as head of EUAM Ukraine extended