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Europe Daily Bulletin No. 13446

5 July 2024
Contents Publication in full By article 10 / 29
ECONOMY - FINANCE - BUSINESS / Finance
Council of EU prepares for negotiations with European Parliament on retail investment strategy
Brussels, 04/07/2024 (Agence Europe)

As part of the forthcoming inter-institutional negotiations between the Council of the EU and the European Parliament (‘trilogue’), EU Member States are being asked to submit their comments on the proposed new rules on retail investor protection by Friday 16 August.

Although the EU Council adopted its negotiating mandate last June (see EUROPE B13430A14), the Hungarian Presidency is once again calling on the Member States to reach a future agreement with the European Parliament.

A...

Contents

EXTERNAL ACTION
CHINA: EU imposes provisional countervailing duties on Chinese electric vehicles
MIDDLE EAST: Josep Borrell condemns plans to legalise several outposts in West Bank
CYPRUS: European Commission assures of ongoing support for reunification of Cyprus
HUNGARIAN PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION
UKRAINE: no change in Hungary’s position on Ukraine, despite its role as President of EU Council
EP2024: Fidesz party is essential to restructuring of right-wing political spectrum of EPP Group in European Parliament, says János Bóka
INSTITUTIONAL
RENEW EUROPE: European defence, new European industrial pact and review of Treaties are Renew Europe Group priorities for 2024-2029 legislative period
S&D: social progress, housing, investment policies and new own resources—S&D group in European Parliament has almost finalised its priorities for 2024-2029
THE LEFT: 5 Star movement joins The Left Group in European Parliament
FRANCE: European progressive forces call on French voters to vote against far-right candidates
ECONOMY - FINANCE - BUSINESS
FINANCE: Council of EU prepares for negotiations with European Parliament on retail investment strategy
TAXATION: tax policy can remedy job shortage, but must be accompanied by other complementary policies, say European experts
COMPANIES/MONEY LAUNDERING: several international bodies representing accountants encourage professionals to assume their roles in combating corruption
SECTORAL POLICIES
DIGITAL: European Commission launches several calls worth €210 million for projects in cybersecurity sector
RESEARCH: Chips Joint Undertaking to provide €325 million for research and innovation projects
ENERGY: Hungarian Presidency of EU Council to ask Member States about incentives and obstacles to development of geothermal energy
ENERGY: wholesale electricity prices could fall by 40% with massive and effective development of renewable energy, according to BusinessEurope
TRANSPORT: European Committee of Regions calls for creation of a comprehensive data ecosystem in mobility and logistics
CLIMATE/ENERGY: Bruegel recommends a combination of subsidies, preferential loans and tax measures to finance energy renovation of buildings
CLIMATE: European Climate Foundation has supported over 700 partnerships for energy transition and climate justice by 2023
FISHERIES: Fisheries Control Agency provides training for third countries in Mediterranean region
ANIMAL HEALTH: reduction in rate of EU co-financing for veterinary programmes affecting disease surveillance, according to EU Council
ANIMAL HEALTH: cases of avian influenza declining in Europe, but vigilance still required, warns EFSA
COUNCIL OF EUROPE
SOCIAL: in Vilnius, a High-Level Conference aims to give new impetus to “European Social Charter”
COURT OF JUSTICE OF THE EU
CONSUMERS: transparency of ‘floor’ clauses in mortgage loans may be reviewed in context of collective action, rules CJEU
NEWS BRIEFS
AGRICULTURE: 150% increase in number of Cellular Agriculture Europe members
DEMOCRACY: launch of ‘Civil EU Presidency’ as alternative to Hungarian Presidency of EU Council
COMPANIES: SMEs are creating jobs despite inflation, according to European Commission
RESEARCH: negotiations between EU and Switzerland, Swiss research entities able to take part in ERC calls for projects for 2025
RESEARCH: European Commission releases details of Canada’s contribution to EU’s framework programme for research Horizon Europe