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Europe Daily Bulletin No. 13424

6 June 2024
Contents Publication in full By article 21 / 28
COURT OF JUSTICE OF THE EU / Banks
EU General Court dismisses action for damages against ECB acting as single banking supervisor
Brussels, 05/06/2024 (Agence Europe)

In a judgment handed down on Wednesday 5 June (Case T-134/21), the General Court of the European Union rejected an investment company’s claim for damages for alleged unlawful conduct in the supervision of Banca Carige by the European Central Bank (ECB), acting as the single supervisor within the euro area.

In Italy, the investment company Malacalza is asking the General Court to order the European Union to pay it more than €870 million in compensation for the damage it allegedly...

Contents

ECONOMY - FINANCE - BUSINESS
EUROGROUP: leveraging profits generated by frozen Russian assets, European finance ministers ready to consider a G7 solution
FINANCE/BANKING/INSURANCE: European supervisory authorities identify ways of tackling greenwashing more effectively
SECTORAL POLICIES
CLIMATE: EU Member States to clarify their position on 2040 climate target at ‘Environment’ Council on 17 June
ENERGY: more than 200 stakeholders call on European Commission to adopt a strategy and action plan to develop geothermal energy
HOME AFFAIRS: Belgian Presidency of EU Council does not foresee immediate breakthrough in removal of child sexual abuse materials
HOME AFFAIRS: fight against illegal content, five new organisations join EU Internet Forum
TRANSPORT: EU Council to adopt its negotiating position on revision of River Information Services
TRANSPORT: despite seven compromise proposals, negotiations on combined transport have not been concluded at EU Council
FISHERIES: EU, Japan and United States called upon to put in place effective tools to combat illegal fishing
FISHERIES: Europêche welcomes Ursula von der Leyen’s announcement of appointment of full-time Fisheries Commissioner
ANIMAL HEALTH: European Commission confirms that preparatory work on banning cages is underway
ANIMAL HEALTH: EU criticises Hungarian authorities’ failure to control avian influenza epidemic
SOCIAL AFFAIRS
SOCIAL/EMPLOYMENT: European Works Councils, Member States give green light to latest compromise from Belgian Presidency of EU Council
SOCIAL/EMPLOYMENT: quality traineeships, EU countries invited to approve a progress report on 20 June
EXTERNAL ACTION
ENLARGEMENT: twelve Member States call for accession negotiations with Ukraine and Moldova to be officially launched by end of June
MIDDLE EAST: EU gives full support to Joe Biden’s plan
CHINA: Nuctech takes European Commission to court over foreign subsidy investigation
DEVELOPMENT: European Commission announces contributions of EU countries to eleventh European Development Fund
INSTITUTIONAL
RULE OF LAW: rule of law in Hungary – Gwendoline Delbos-Corfield regrets European Union’s ‘fiasco’
COURT OF JUSTICE OF THE EU
ECONOMY/RULE OF LAW: General Court of EU dismisses appeals against measures relating to independence of judiciary contained in Polish recovery plan
BANKS: EU General Court dismisses action for damages against ECB acting as single banking supervisor
NEWS BRIEFS
CLIMATE: May 2024 marks 12th consecutive month with record temperatures, according to Copernicus
TRADE: European Commission proposes to extend steel safeguard until 2026
ENERGY: EU households in 2022 consumed lowest energy amounts since 2016 according to Eurostat
SPACE: Ariane 6 launch targeted for 9 July
ISRAEL: High Representative has officially invited the Israeli Foreign Minister to an Association Council meeting
MIDDLE EAST: EU concerned about rising tensions on Israel-Lebanon border
HEALTH: European Economic and Social Committee calls for increased cancer prevention