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Image header Agence Europe
Europe Daily Bulletin No. 13449
Contents Publication in full By article 20 / 28
ECONOMY - FINANCE - BUSINESS / State aid

Recapitalisation of SAS, European Commission approves modification of commitments made by Denmark and Sweden

On Tuesday 9 July, the European Commission announced that it had given the green light to a modification of the commitments submitted by Denmark and Sweden as part of the European Commission's decision of 29 November 2023 concerning the recapitalisation of Scandinavian Airlines System AB (SAS).

This recapitalisation, worth around €833 million (SEK 9.5 billion), was approved by the European Commission on 29 November 2023.

However, SAS, which was in difficulty, had not managed to turn...

Contents

SECTORAL POLICIES
COMPETITIVENESS: Hungarian Presidency of EU Council calls for massive support for automotive industry
AGRICULTURE: European Commission sets up High-Level Group for EU wine sector
AGRICULTURE: European Commission allocates €77 million in emergency aid to farmers in Austria, Czech Republic, Poland and Portugal
AGRICULTURE: EU Member States make suggestions to remedy difficulties in milk market
FISHERIES: European Commission submits proposals for new EU/Guinea-Bissau agreement
HEALTH: Moldova signs EU’s Joint Procurement Agreement in area of health
CLIMATE: over 30s in EU more aware of causes and consequences of climate change than younger people
RESEARCH: EU’s innovation performance is improving, but divides persist within Union
ENERGY: grids are “number one bottleneck” for expansion of renewable energies, according to WindEurope
ENERGY/TRADE: EBB calls on European Commission to take action and restore level playing field against Chinese biodiesel imports
MIGRATION: ninety-five NGOs oppose plans to externalise asylum procedures backed by some fifteen EU Member States
DIGITAL: adoption of European cybersecurity certification scheme remains uncertain
TOURISM: European Travel Commission considers restoration of air traffic between China and EU a priority
INSTITUTIONAL
EUROPEAN PARLIAMENT: political groups negotiate how to distribute positions of responsibility within European Parliament
S&D: social progress, investment capacity, defence, climate and defence of fundamental rights top of S&D Group’s priorities in European Parliament for 2024-2029
EP2024: Irishman Ciaran Mullooly joins Renew Europe group in European Parliament
ECONOMY - FINANCE - BUSINESS
ECONOMY: European Commission officially proposes opening excessive deficit procedures for seven EU countries
ECONOMY: Commission presents results of European Technical Support Instrument for reforms
STATE AID: European Commission to re-examine Slovak aid granted to NAJPI for creation of a silica sand extraction site
STATE AID: recapitalisation of SAS, European Commission approves modification of commitments made by Denmark and Sweden
FINANCE: European Securities and Markets Authority publishes its fifth report on resilience of central counterparties
NEWS BRIEFS
ENERGY: ACER calls for Swedish gas transmission tariffs to be aligned with requirements of Network Code
INTERNAL MARKET: European Commission consults on standards for certain construction products
NATO: Josep Borrell at Washington Summit on behalf of Ursula von der Leyen
RUSSIA: EU criticises two artists’ conviction for “justifying terrorism” with their play
MIDDLE EAST: Josep Borrell “appalled” by air strike targeting school in centre of Gaza Strip
CIVIL PROTECTION: Turkey’s participation in EU’s Civil Protection Mechanism has been updated in a new agreement
TRANSPORT: passenger traffic across entire European airport network increased by 19% between 2022 and 2023