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Europe Daily Bulletin No. 13519

7 November 2024
Contents Publication in full By article 21 / 25
COURT OF JUSTICE OF THE EU / Competition
EU General Court confirms participation of Crédit Agricole and Crédit Suisse in cartel in sovereign bond sector
Brussels, 06/11/2024 (Agence Europe)

The Court of Justice of the European Union has dismissed the actions brought by the banks Crédit Agricole and Crédit Suisse seeking annulment of the European Commission’s finding of April 2021 imposing fines of €3.9 million and €11.9 million respectively on them for participating in a cartel between 2010 and 2015 (from January 2013 for Crédit Agricole) on the secondary market for suprasovereign, sovereign and government agency bonds denominated in dollars (“SSA bonds”) (see...

Contents

COMMISSIONERS-DESIGNATE HEARINGS IN EUROPEAN PARLIAMENT
FINANCE/BANKING: integration of European capital markets is not an agenda for financial deregulation, says Ms Albuquerque
FISHERIES: Commissioner-designate Costas Kadis to evaluate Common Fisheries Policy and create ‘European Oceans Pact’
HEALTH: Commissioner-designate Olivér Várhelyi struggles to reassure MEPs on women’s health and vaccine authorisations
DEFENCE/SPACE: to have peace, you have to prepare for war, says Commissioner-designate for Defence and Space, Andrius Kubilius
DEVELOPMENT: Jozef Síkela promises “strong Europe” that shows solidarity in its international partnerships
HUMANITARIAN AID/EQUALITY: Hadja Lahbib promises inclusive, cross-cutting strategy for equality, crisis management and humanitarian aid
ENVIRONMENT: MEPs confirm Jessika Roswall as Commissioner for Environment after a “disappointing” hearing and two meetings
ENERGY/HOUSING: Commissioner-designate Dan Jørgensen, praised for his preparedness at hearing, receives green light from MEPs
TRANSPORT: MEPs approve appointment of Apóstolos Tzitzikóstas as European Commissioner
MEDITERRANEAN: Dubravka Šuica confirmed thanks to votes of EPP, S&D, Renew Europe, ECR and Greens/EFA
INSTITUTIONAL
FUTURE OF EUROPE : in Budapest, leaders of European Political Community maintain their focus on war in Ukraine and migration challenges
EUROPEAN COUNCIL: outcome of US elections will occupy a large part of EU27 meeting in Budapest
EXTERNAL ACTION
UNITED STATES: European leaders congratulate Donald Trump on his election
Russian invasion of Ukraine
UKRAINE: Council of Europe lends ‘comprehensive’ support to Moldova in receiving people displaced by war in Ukraine
SECTORAL POLICIES
CONSUMERS/TOURISM: Presidency of EU Council proposes limiting transferability of vouchers under Package Travel Directive
ENVIRONMENT: EU Council formally adopts revision of directive on waste water treatment
ENERGY: EU “must harness the revolutionary power of fusion energy”, says Kadri Simson
CLIMATE/SOCIAL: European Environment Agency identifies key issues to ensure fair ‘green’ transition in EU
DIGITAL: EDPB approves first conclusions on proper implementation of EU-US Data Privacy Framework
HEALTH: first local transmissions of new mpox variant in UK, says WHO
COURT OF JUSTICE OF THE EU
COMPETITION: EU General Court confirms participation of Crédit Agricole and Crédit Suisse in cartel in sovereign bond sector
STATE AID: EU General Court dismisses a new appeal by Wizz Air against Romanian public aid to TAROM airline
ECONOMY - FINANCE - BUSINESS
COMPETITION: Corning may have abused position on global market for special type of glass, according to European Commission
NEWS BRIEFS
FINANCE/CLIMATE: share of green investments in portfolios of European insurers is increasing, according to EIOPA
FISHERIES: European Commission supplements its proposal on 2025 fishing quotas