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Europe Daily Bulletin No. 13481

13 September 2024
Contents Publication in full By article 5 / 26
ECONOMY - FINANCE - BUSINESS / Competition
In-depth investigation by European Commission into German State aid linked to sale of Nürburgring racetrack
Brussels, 12/09/2024 (Agence Europe)

On Thursday 12 September, the European Commission launched an in-depth investigation to determine whether the sale of the Nürburgring circuit complex in Germany to Capricorn Nürburgring Besitzgesellschaft GmbH (Capricorn) complies with EU rules on State aid.

The measure was found to comply with state aid rules in October 2014, but the Commission’s decision was annulled by the Court of Justice on 2 September 2021 (see EUROPE B12782A19).

Due to the insolvency of the public companies that...

Contents

ECONOMY - FINANCE - BUSINESS
Interview ECONOMY: “European Union lacks systemic doctrine”, says Aurore Lalucq
ECB: monetary institute cuts interest rate on deposit facility to 3.5%
ECOFIN: financing climate transition and macroeconomic impact of an ageing population on agenda of EU countries
TAXATION: Hungarian Presidency of EU Council proposes new avenues for energy taxation
COMPETITION: in-depth investigation by European Commission into German State aid linked to sale of Nürburgring racetrack
SECTORAL POLICIES
CLIMATE: before European Parliament’s Committee on Environment, Commission admits insufficient progress made and calls for stronger action
CLIMATE/ENERGY: together with United Nations, European Commission is encouraging “responsible” exploitation of minerals essential to energy transition
ENVIRONMENT: MEPs oppose Commission changes to maximum residue limits for certain pesticides
CONSUMERS: MEPs want geo-blocking regulation to be revised to open a discussion on details of audiovisual media
DIGITAL: MEPs say that in light of major platforms, DSA must move faster and do more
DIGITAL: after X and Meta, EU asks Google to stop using personal data of its European users for its AI model
ANIMAL HEALTH: MEPs call on European Commission to take action against bluetongue virus
AGRICULTURE : EU professionals want High Level Group on Wine to decide on ambitious measures
COMPETITIVENESS: Bruegel urges EU to increase circularity to boost competitiveness
JUSTICE: joint investigation team strengthens investigations into crimes committed in Ukraine
TRANSPORT: European shipowners and fuel producers launch clean maritime fuels platform
EXTERNAL ACTION
LEBANON: Josep Borrell calls on Lebanese leaders to work in country’s interests
CHINA: Chinese trade minister Wang Wentao in Brussels next week to negotiate tariffs
CHINA: EU and US commit to pursuing close coordination on China and Indo-Pacific region
EEA: European Commission announces agreements on EEA and Norwegian Financial Mechanisms for 2021–2028 have been signed
SOCIAL AFFAIRS
SOCIAL: Platform Work Directive paves way for new global EU instrument on algorithmic management at work, says ETUI
NEWS BRIEFS
RULE OF LAW: rule of law in Hungary: Greens/EFA MEP Tineke Strik is European Parliament’s new rapporteur
MIDDLE EAST: Josep Borrell outraged by death of UNRWA staff in Israeli strike on school
HEALTH: memorandum of understanding between European Heart Network and European Society of Cardiology
SOCIAL: posting of workers, three MEPs from The Left in European Parliament travel to Sweden to protest against Tesla’s practices
UKRAINE: Janez Lenarčič denounces death of three ICRC aid workers in Russian shelling in Donetsk