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Europe Daily Bulletin No. 13480

12 September 2024
Contents Publication in full By article 10 / 26
ECONOMY - FINANCE - BUSINESS / Finance
Enrico Letta and Mario Draghi’s proposals require adjustments for small investors, says Better Finance
Brussels, 11/09/2024 (Agence Europe)

On Tuesday 10 September, the European federation of investors and users of financial services, Better Finance, called for greater regulatory clarity, consumer-focused digital innovation and enhanced investor protection to maximise the potential of the reports published by Enrico Letta (see EUROPE B13393A3) and Mario Draghi (see EUROPE B13478A1).

“The initiatives presented by Enrico Letta and Mario Draghi, alongside the EU’s Capital Markets Union (CMU) revival, represent significant...

Contents

SECTORAL POLICIES
interview CONSUMERS: Anna Cavazzini says that EU “produced historic legislation” during mandate that has just come to a close
ENERGY: report on state of Energy Union, “new impetus” needed to achieve target for deployment of renewable energies
CLIMATE: EU Council initiates discussions on joint Climate Club declaration on sidelines of COP29
ENVIRONMENT: MEP Christophe Clergeau supports new legal challenge by three associations to re-authorisation of glyphosate for 10 years
COMPETITIVENESS: technological neutrality promoted by Mario Draghi comes in for criticism
ECONOMY - FINANCE - BUSINESS
ECONOMY: NextGenerationEU recovery plan less green than it seems, says European Court of Auditors
EUROGROUP: macroeconomic situation, Stability Pact and financial aid to Ukraine on ministerial agenda
TAXATION: Germany and Croatia should benefit from derogations from common system of value added tax
TAXATION: windfall profit taxes could distance EU from Net Zero Goal by 2050, says Tax Foundation Europe
FINANCE: Enrico Letta and Mario Draghi’s proposals require adjustments for small investors, says Better Finance
EXTERNAL ACTION
CHINA: EU should review its intention to impose tariffs on Chinese electric vehicles, according to Pedro Sánchez
TRADE: BusinessEurope calls for a proactive trade agenda
WESTERN BALKANS: uncertainties surrounding Serbian “red lines” linked to Ohrid Agreements and Pristina-Belgrade dialogue
FOREIGN AFFAIRS: EUISS proposes ten ideas to reboot EU foreign policy
FOREIGN AFFAIRS: launch of European Union Diplomatic Academy
INSTITUTIONAL
EUROPEAN COMMISSION: ‘von der Leyen II’ Commission will have to defend “further integration of EU”, says European Parliament’s Renew Europe Group
CITIZENSHIP: European Commission registers two European Citizens’ Initiatives
COURT OF JUSTICE OF THE EU
EUROPEAN COURT OF AUDITORS: Court of Auditors decision requiring Karel Pinxten to repay €153,000 is largely justified, according to European General Court
EUROPEAN PARLIAMENT: General Court of European Union rules against Parliament for failing to protect parliamentary assistant
RUSSIA: General Court removes of Pavel Ezubov from EU sanctions list
RUSSIA: EU Council has right to introduce reporting and cooperation obligations to ensure effectiveness of measures to freeze funds
RUSSIA: General Court of EU confirms restrictive measures adopted against Russian finance company NSD
COUNCIL OF EUROPE
MIGRATION: Council of Europe calls for international harmonisation in fight against migrant smugglers, but insists on respect for human rights
NEWS BRIEFS
EUROPEAN COMMISSION: failure of Renew Europe group’s attempt to get European Parliament’s pro-European groups to adopt a declaration on gender equality
FISHERIES: EU Council authorises European Commission to negotiate a new fisheries protocol with Sao Tomé and Principe
FISHERIES: EU Council endorses acts on new EU/Guinea-Bissau agreement