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Europe Daily Bulletin No. 13435
Contents Publication in full By article 5 / 34
INSTITUTIONAL / Budget

European Commission presents its draft 2025 budget and debates it in Parliament

On Wednesday 19 June, the European Commission presented its budget proposal for 2025, amounting to €199.7 billion in commitment appropriations. The budget proposed last year was €189.3 billion (see EUROPE B13196A13). 

This budget will be complemented by an estimated €72 billion of disbursements under NextGenerationEU, the EU’s post-pandemic instrument, financed from borrowing on the capital markets. 

This 2025 budget proposal is part of the 2021-2027 Multiannual Financial...

Contents

ECONOMY - FINANCE - BUSINESS
ECONOMY: European Commission suggests opening excessive deficit procedures against seven EU countries
BANKS: EU Council reaches agreement on new rules to strengthen bank crisis management
ECOFIN: VAT, fiscal policy and financial aid for Ukraine on agenda of EU countries
FINANCE: Council of European Union adopts negotiating position on reducing reporting requirements in financial sector
INSTITUTIONAL
BUDGET: European Commission presents its draft 2025 budget and debates it in Parliament
EP2024: elected Co-Presidents of Greens/EFA, Bas Eickhout and Terry Reintke, reassert determination to strengthen progressive majority in European Parliament
EP2024: conservative ECR group continues to grow and now has 83 members
SECTORAL POLICIES
ENVIRONMENT: EU Council adopts position on directive on priority substances to be monitored in water
HEALTH: pharmaceutical package and health union on agenda for EU Council on 21 June
TRANSPORT: Member States express concerns about impact of increased weight of heavy vehicles on their infrastructure
TRANSPORT: nine Member States call for action to ensure extension of EU Emissions Trading System to maritime sector is properly monitored
TRANSPORT: several Member States wish to include penalty point systems in directive on driving disqualifications
ENERGY: EU Council adopts the partial suspension of application of Energy Charter Treaty for Russian and Belarusian investors
ENERGY: ENTSO-G publishes its list of projects for TYNDP 2024, including majority of projects linked to development of hydrogen
ENERGY: ENTSO-E does not identify any major risk to security of electricity supply in Europe for summer 2024
RESEARCH: European Commission addresses challenges of R&I in ‘Spring Package’ of 2024 European Semester
SECURITY - DEFENCE - SPACE
SPACE: Slovenia to become European Space Agency’s 23rd member state
UKRAINE: EU and Ukraine expected to sign their security agreement “in near future”
EXTERNAL ACTION
ISRAEL: EU/Israel Association Council should be held under Hungarian Presidency of EU Council
MOZAMBIQUE: Jutta Urpilainen visits Mozambique to deepen EU-Mozambique partnership focusing on digital technology, sustainable development and security
TRADE: private sector united against controls on outward investments
COUNCIL OF EUROPE
FUNDAMENTAL RIGHTS: Council of Europe report examines how several European television channels reinforce anti-Roma prejudice
NEWS BRIEFS
HOME AFFAIRS: EU Council validates mandate to strengthen Europol’s role in fight against migrant smuggling networks
AGRICULTURE: Belgian Presidency of EU Council submits a compromise text on plant reproductive material
CITIZENSHIP: European Commission registers two new European Citizens’ Initiatives
EUROPEAN COMMISSION: appointment of two directors to directorate-general for statistics
CULTURE: European Commission launches public consultation to evaluate ‘European Capital of Culture’ initiative
DEVELOPMENT: Council of European Union approves 2024 annual report on EU’s development aid objectives
CUSTOMS: European Commission consults on customs equipment
JUSTICE: European Public Prosecutor's Office dismantles criminal organisation targeting funds from ‘Recovery and Resilience Facility’
EP2024: EPP group in European Parliament re-elects Manfred Weber as its leader
FISHERIES: European Commission proposing to update certain management rules for bluefin tuna stocks
CSDP: Rear Admiral Valentino Rinaldi appointed Commander of Operation EUNAVFOR MED IRINI
REGIONS: European Commission and OECD develop a new tool for enhanced cross-border governance