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Europe Daily Bulletin No. 13430

13 June 2024
Contents Publication in full By article 12 / 26
ECONOMY - FINANCE - BUSINESS / Banks
Belgian Presidency of EU Council seeks to foster agreement on ‘CMDI’ proposal to strengthen banking crisis management
Brussels, 12/06/2024 (Agence Europe)

Ahead of the Ecofin Council on 21 June, the Belgian Presidency of the Council of the European Union is working hard to reach a political agreement in principle on the CMDI legislative package aimed at strengthening the European framework for banking crisis management (see EUROPE B13400A1).

It has circulated compromise proposals, of which Agence Europe has received a copy, notably on the way in which national bank deposit guarantee schemes (DGS) could intervene to help finance the resolution...

Contents

EXTERNAL ACTION
CHINA: EU confirms it will impose provisional countervailing duties on Chinese electric vehicles
GEORGIA: EU deplores growing number of acts of intimidation, threats and attacks against civil society
SECTORAL POLICIES
MIGRATION: European Commission submits to Member States action plan to make Pact on Migration and Asylum operational in 2026
CLIMATE: on eve of Bonn Conference close, negotiations on climate financing and support for developing countries falter
FOOD SAFETY: EU Member States approve ban on Bisphenol A in food contact materials
ENVIRONMENT: Belgian Presidency of EU Council sounds out Member States on possibility of adopting nature restoration regulation
AGRICULTURE : an overview of new MEPs who will influence common agricultural policy
AGRICULTURE : EMB calls on new MEPs to put an end to social and economic exclusion of farmers
FISHERIES: European Commission consults on effectiveness of funding programmes for fisheries and maritime activities
TRANSPORT: EU Council about to adopt negotiating position on European Maritime Safety Agency
TRANSPORT: certain Member States would like Regulation on driving disqualifications to be included in revised Directive on driving licences
ECONOMY - FINANCE - BUSINESS
BANKS: Belgian Presidency of EU Council seeks to foster agreement on ‘CMDI’ proposal to strengthen banking crisis management
ECB: international status of euro, world’s second most important currency, remains stable, but should not be taken for granted, stresses ECB
FINANCE: Council of European Union adopts its negotiating position on Retail Investment Package
FINANCE/CLIMATE: investment in energy transition must be combined with fiscal policy, according to European experts
SECURITY - DEFENCE - SPACE
NATO: Hungary not to take part in Alliance’s efforts to support Ukraine
Russian invasion of Ukraine
UKRAINE: Mr Borrell calls for Summit on Peace to be a “first step to a fair peace”
EP2024
EP2024: after a first post-election meeting, European Greens define their priorities in face of rise of far right
EP2024: ALDE party ready to assume leadership of Renew Europe group in European Parliament
EP2024: EPP Group would increase to 189 members, 13 more than in outgoing European Parliament
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: EU’s Joint Research Centre identifies binding, empathetic, inclusive and transparent policies as drivers of equality
INSTITUTIONAL
EUROPEAN COMMISSION : appointment of new Directors to three General Directorates
NEWS BRIEFS
CIVIL PROTECTION: first intervention of EU protection mechanism in Cyprus forest fires
RESEARCH: objective of European Joint Undertaking EuroHPC soon to be expanded to help start-ups in AI sector
RESEARCH: EU Member States and Canada are in process of finalising formalisation and provisional application of Canada’s participation in Horizon Europe
HEALTH: according to WHO, tobacco, ultra-processed foods, fossil fuels and alcohol are responsible for 2.7 million deaths a year in Europe