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Europe Daily Bulletin No. 13448

9 July 2024
Contents Publication in full By article 11 / 23
HUNGARIAN PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION / Finance/banking
Hungarian Presidency of EU Council aims to complete several key financial services reforms
Brussels, 08/07/2024 (Agence Europe)

In its programme for the Presidency of the Council of the European Union, Hungary has made competitiveness its main priority (see EUROPE B13440A30). In the area of financial services, a number of matters relating to the Capital Markets Union (CMU), the Banking Union and investment will be on the table of the European finance ministers in the second half of 2024.

Hungary intends to ensure that the financial rules provide “a clear response to the challenges of our time” and considers that...

Contents

INSTITUTIONAL
THE PATRIOTS: chaired by Frenchman Jordan Bardella, new ‘Patriots for Europe’ group becomes third largest force in European Parliament
EU COUNCIL: following Viktor Orbán’s ‘mission for peace’, Member States expected to discuss role of EU Council Presidency
EUROPEAN COMMISSION: Sweden nominates Jessika Roswall for post of European Commissioner
SECURITY - DEFENCE
NATO: Allies to discuss their own protection, support for Ukraine and strengthening partnerships at Washington Summit
CSDP: since February, Operation Aspides has accompanied more than 170 vessels in Red Sea
SECTORAL POLICIES
COHESION: EU checks on cohesion policy spending inadequate, says EU Court of Auditors
COMPETITIVENESS: automotive industry, artificial intelligence and Single market are on agenda for EU Industry Ministers on 8 July
MIGRATION: Commission launches ‘Talent Partnership’ with Bangladesh for legal labour migration
ENERGY: European Commission selects four cross-border renewable energy projects in five EU countries for preparatory studies
HUNGARIAN PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION
ECONOMY: Hungarian Presidency of EU Council expected to focus on implementation of reformed Stability Pact and continuation of financial aid to Ukraine
FINANCE/BANKING: Hungarian Presidency of EU Council aims to complete several key financial services reforms
HU24EU: Viktor Orbán has no mandate from EU to advance relations with Organization of Turkic States, says Josep Borrell
ECONOMY - FINANCE - BUSINESS
STATE AID: European Commission to examine in detail €6 billion German restructuring measure for Lufthansa
STATE AID: European Commission approves a series of Italian public support measures for maritime carrier Caremar
FINANCE/CLIMATE: ESMA proposes measures to support corporate sustainability reporting
EXTERNAL ACTION
DJIBOUTI: Josep Borrell hails Djibouti’s “mediating role” in Horn of Africa
NEWS BRIEFS
AGRICULTURE: European Commission approves two new geographical indications
CLIMATE: June 2024 is 12th consecutive month to reach 1.5°C above pre-industrial levels
CUSTOMS: new rules on A.TR movement certificates for EU-Turkey cooperation come into force
ECONOMY: European Commission to pay Moldova €72.5 million
TRANSPORT: EASA updates Safety Information Bulletin on global navigation satellite system outages and alterations
TURKEY: EU/Turkey high-level trade dialogue held for first time
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