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Europe Daily Bulletin No. 13428

11 June 2024
Contents Publication in full By article 20 / 28
ECONOMY - FINANCE - BUSINESS / Ecb
Isabel Schnabel disputes monetary policy dominated by fiscal policy in euro area
Brussels, 10/06/2024 (Agence Europe)

In a speech to the Stiftung Geld und Währung on Friday 7 June, Isabel Schnabel, member of the Executive Board of the European Central Bank (ECB), argues that monetary policy has not been “dominated by fiscal policy” in the euro area. In doing so, she seeks to refute the assertions of some observers that monetary policy is subordinate to fiscal policy and geared towards improving financing conditions for the States.

On the contrary, according to Ms Schnabel, the determined action taken...

Contents

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EP2024: Alleanza Verdi e Sinistra candidate Ilaria Salis, deprived of her liberty in Hungary, becomes MEP
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EP2024: EPP, S&D and Renew Europe grand coalition retains its majority after elections of 9 June
EP2024: OSCE gives mixed assessment of European elections
EP2024: twenty-six national parties have yet to determine their political affiliation at European level
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DIGITAL: Meta taken to court in eleven EU countries for changing its privacy policy
DIGITAL: European Commission activates new digital system to combat climate change
CLIMATE: transparency in climate progress at heart of COP29 pre-discussions in Bonn
FISHERIES: European Commission submits proposals for new EU/Cape Verde fisheries agreement
TRANSPORT: negotiations on revised directive on weights and dimensions of road vehicles stall over safety issues at EU Council
TRANSPORT: European Union signs an aviation agreement with People’s Republic of Bangladesh
EXTERNAL ACTION
TRADE: unfair foreign subsidies, EU investigates takeover of a Czech telecoms operator by a company owned by United Arab Emirates
MIDDLE EAST: Josep Borrell welcomes release of Israeli hostages, but condemns number of deaths during rescue operation
HUMANITARIAN AID: European Union announces €150 million in humanitarian funding for Afghanistan
ECONOMY - FINANCE - BUSINESS
ECB: Isabel Schnabel disputes monetary policy dominated by fiscal policy in euro area
TAXATION: directive requiring country-by-country reporting should be strengthened, according to EU Tax Observatory
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NEWS BRIEFS
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FUNDAMENTAL RIGHTS: Helena Dalli leads European Union delegation to 17th United Nations Conference on Rights of Persons with Disabilities
SPACE: icy volcanoes discovered near equator of Mars
TAXATION: European Commission establishes new platform for tax good governance
CSDP: EU appoints two new force commanders for operations Atalanta and Aspides
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