login
login

Europe Daily Bulletin No. 13444

3 July 2024
Contents Publication in full By article 19 / 30
ECONOMY - FINANCE - BUSINESS / State aid
European Commission authorises €3 billion in Swedish aid to support carbon capture and storage industry
Brussels, 02/07/2024 (Agence Europe)

On Tuesday 2 July, the European Commission announced that it had authorised a Swedish scheme worth €3 billion (SEK 36 billion) to support and encourage the carbon capture and storage (CCS) industry.

Eligible companies will be selected through a competitive process. The first auction is scheduled for this year.  To take part, eligible companies will have to carry out an activity in Sweden that emits CO2 of biological origin and implement projects with a capture and storage capacity of...

Contents

INSTITUTIONAL
S&D: S&D Group in European Parliament calls for permanent investment capacity, funding for housing and taxation of large fortunes
EPP: security and defence, stopping illegal immigration and rule of law among 2024-2029 priorities of EPP Group in European Parliament
EUROPEAN PARLIAMENT 2024: Bas Eickhout reiterates possibility of conditional support from Green MEPs for Ms von der Leyen
EP2024: European Parliament’s conservative ECR group to hold constituent meeting in Sicily
SECTORAL POLICIES
ENVIRONMENT: European Commission authorises two genetically modified maize crops for food and feed use
ENVIRONMENT: CINEA agency claims record amount allocated to projects relating to implementation of ‘European Green Deal’ in 2023
CLIMATE: Jacques Delors Agora, Maroš Šefčovič calls on young Europeans to work together to build a sustainable and prosperous EU
ENERGY: ‘Global Gateway’, EU reiterates its support for Chile in developing its renewable hydrogen sector
ENERGY: Energy Infrastructure Forum, Member States are invited to consider renewable capacity for offshore hydrogen production
RESEARCH: preparations are advancing at EU Council to draw up conclusions on advanced materials
DIGITAL: Member States not meeting EU’s level of ambition for digital transformation
TRANSPORT: common safety methods and innovation will make rail sector safer and greener, says ERA
COMPETITIVENESS: Viktor Orbán wants to involve businesses more in creation of new rules
EXTERNAL ACTION
WESTERN BALKANS: European Commission announces an additional investment programme of €1.2 billion for infrastructure and businesses
DEVELOPMENT: faced with a world in “polycrisis”, Jutta Urpilainen reaffirms merits of ‘Global Gateway’ strategy
TRADE: Valdis Dombrovskis advocates targeted approach to economic security
ECONOMY - FINANCE - BUSINESS
FINANCE: revival of securitisation market, “main message is clear to everyone, but contours are rather vague”, says Francesco Tuzi
ECONOMY: green light from European Commission for revision of Polish and Cypriot recovery plans
STATE AID: European Commission authorises €3 billion in Swedish aid to support carbon capture and storage industry
STATE AID: European Commission authorises Bulgaria to provide public support of around €25.51 million to Bulgarian Posts
HUNGARIAN PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION
UKRAINE: in Kyiv, Viktor Orbán assures Volodymyr Zelensky of Hungary’s support
HOME AFFAIRS/MIGRATION: Hungarian Presidency of EU Council has set enlargement of Schengen area and fight against illegal immigration as its priorities
EDUCATION - YOUTH - CULTURE - SPORT
EDUCATION: European Education and Culture Executive Agency lists models within EU to promote digital development
EDUCATION: fourteen new European university alliances have been selected under Erasmus+ programme
COUNCIL OF EUROPE
FUNDAMENTAL RIGHTS: Commissioner for Human Rights warns of “ground lost” in defending rights of LGBTIQ people and pledges to stand by Roma
NEWS BRIEFS
STATE AID: green light for €158 million in Dutch aid for production of equipment linked to green transition
STATE AID: European Commission green-lights €45 million in Portuguese aid to promote transporting freight by rail
ENERGY: imports of energy products were down in first quarter of 2024, according to Eurostat
ENVIRONMENT: WWF identifies eleven European rivers in need of restoration and calls on Member States to act
EUROPEAN PARLIAMENT: Peter Liese supports splitting of European Parliament’s Committee on Environment, Public Health and Food Safety