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Europe Daily Bulletin No. 13518

6 November 2024
Contents Publication in full By article 15 / 31
ECONOMY - FINANCE - BUSINESS / Finance
Most EU countries are developing national financial education strategies to complete Capital Markets Union
Brussels, 05/11/2024 (Agence Europe)

According to a working document of the EU Council’s ‘Financial Services Committee’ about the future of the Capital Markets Union (CMU), published on Monday 4 November on the sidelines of a Eurogroup meeting (see EUROPE B13517A6), most EU countries have a national financial education strategy for their citizens.

“All Member States have taken measures to improve financial literacy. The vast majority have, for instance, included the topic in their school curricula and developed...

Contents

COMMISSIONERS-DESIGNATE HEARINGS IN EUROPEAN PARLIAMENT
HOME AFFAIRS/MIGRATION: open to all innovative solutions on migration, Magnus Brunner avoids controversy by promising full respect for international law
JUSTICE/RULE OF LAW: Michael McGrath wins MEPs’ support despite higher consumer protection expectations
MEDITERRANEAN: Dubravka Šuica wants to focus on human capital in Mediterranean region and EU
ENVIRONMENT: torn between environmental protection and competitiveness, Jessika Roswall leaves many MEPs’ questions unanswered
ENERGY/HOUSING: Dan Jørgensen, speaking to MEPs, acknowledges that “we won’t achieve our objectives in Europe without nuclear power”
RESEARCH/INNOVATION: Ekaterina Zaharieva announces a ‘simplification shock’ for researchers and start-ups beginning in 2025
AGRICULTURE: European Commissioner-designate Christophe Hansen receives green light from MEPs after hearing
SECTORAL POLICIES
COMPETITIVENESS: draft Budapest Declaration cut back as negotiations progress
DIGITAL: Member States want to speed up EU’s investment in artificial intelligence to tackle technology gap
RESEARCH: European Research Council awards grants to 57 teams tackling major scientific challenges
ENERGY: EU Council calls for rapid implementation of EU regulatory framework to support emergence of European hydrogen ecosystem
HEALTH: several EU organisations call for a review of Tobacco Products Directive
ECONOMY - FINANCE - BUSINESS
TAXATION: EU Council agrees legislative package on value added tax in digital age
FINANCE/CLIMATE: European Union and its Member States contributed €28.6 billion to financing fight against climate change last year
FINANCE: most EU countries are developing national financial education strategies to complete Capital Markets Union
Russian invasion of Ukraine
UKRAINE: use of North Korean troops by Russia would be a dangerous expansion of conflict, warn EU and 10 countries
ECONOMY: Swedish SITE Institute highlights imbalances and dependencies of Russian war economy
ECONOMY: Hungary maintains veto on increasing duration of European sanctions against Bank of Russia
SECURITY - DEFENCE
DEFENCE: EU Council adopts €25 million in aid for Egypt and Republic of Congo under European Peace Facility
DEFENCE: Luc Frieden calls for European army
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: e-declaration for posted workers—European Trade Union Confederation concerned about approach based solely on cost reduction
NEWS BRIEFS
HUMANITARIAN AID: EU releases €5 million to help displaced people in Syria
INSURANCE: ‘Solvency II’ and IRRD, EU Council ratifies new rules for insurance sector
ECONOMY: green light from EU Council on revisions to Czech and Dutch post-Covid-19 recovery plans
ENERGY: ENTSO-E publishes interim report on incident that occurred on electricity network in South-East Europe last June
COMPANIES: twenty-seven business associations call for simpler implementation of due diligence directive
ENVIRONMENT: study commissioned by Greenpeace reveals that idea of making major oil companies pay for their climate damage is popular
JUSTICE: EU Council approves new regulation on transfer of criminal proceedings between Member States
UNITED KINGDOM: Rachel Reeves invited to Eurogroup meeting on 9 December
SOCIAL: Commission is proposing to provide €700,000 in support for 632 workers in Belgium who have been made redundant due to low skills
TRANSPORT: European cities commit to attractive, sustainable public transport