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Image header Agence Europe
Europe Daily Bulletin No. 13526
Contents Publication in full By article 20 / 33
ECONOMY - FINANCE - BUSINESS / Banks

Claudia Buch warns against weakening EU banking prudential rules

On Monday 18 November, the Chair of the ECB’s Single Supervisory Mechanism (SSM), Claudia Buch, warned MEPs against weakening European prudential rules for the banking sector in order to achieve other political objectives, such as boosting European economic competitiveness or reducing the administrative burden.

“Regulation and supervision are a response to the risks” that have been identified, and we have seen just how damaging and costly banking crises can be, said Ms Buch during a...

Contents

Russian invasion of Ukraine
UKRAINE: EU extends sanctions against Iran for its support of Russia
EXTERNAL ACTION
MIDDLE EAST: European ministers fail to agree on measures against Israel
DEVELOPMENT: European Commission and South Africa launch a campaign to finance renewable energy in Africa
MOROCCO: too early to say what will happen to agreement on trade in agricultural products with Morocco, according to European Commission
SECURITY - DEFENCE
DEFENCE: EU approves further €20 million in support for Rwandan defence forces to combat terrorism in Cabo Delgado
SECTORAL POLICIES
AGRICULTURE: Ukrainian imports – several EU countries are concerned about possible destabilisation of European market
AGRICULTURE: several EU countries call for proper EU strategy on plant proteins
FISHERIES: Spain, France and Italy are seeking to freeze number of days at sea in Mediterranean for 2025 to ease restrictions
CLIMATE: COP29 – “We can and should have good result by end of week”, says Wopke Hoekstra
ENERGY: Spain, Lithuania and Austria deploying over €700 million in national funds as part of European Hydrogen Bank
ENERGY: Europe remains united in support for Austria, in response to Russian gas supply cuts, emphasises Ursula von der Leyen
TRANSPORT: European Commission wants aviation agreements with third countries to be ratified at EU and Member State level in parallel
CONSUMERS: MEPs call for better enforcement of fairness rules in digital sector before legislating again
HEALTH: EU must take urgent action against antimicrobial resistance, according to ECDC
INSTITUTIONAL
BUDGET: EU Council and European Parliament agree on 2025 budget
EUROPEAN PARLIAMENT: European Parliament Committee on Employment and Social Affairs will examine, on 21 November, issue of access to European Parliament by Amazon representatives
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: Member States continue to work on European directive on quality traineeships
EMPLOYMENT: skills shortages, demographics, gender equality... Member States will be asked to approve a whole series of conclusions on 2 December
ECONOMY - FINANCE - BUSINESS
ECONOMY/FINANCE/TAXATION: Mihály Varga presents to European Parliament several examples of progress made under Hungarian Presidency of EU Council
BANKS: Claudia Buch warns against weakening EU banking prudential rules
COUNCIL OF EUROPE
AZERBAIJAN: Council of Europe denounces attacks on freedom of expression in Azerbaijan and defends rights of Armenians in Nagorno-Karabakh
NEWS BRIEFS
TRADE: EU disagrees with latest Kimberley Process plenary on diamond trade
COMPETITION: unannounced inspections by European Commission in data centre construction sector
ECONOMY: EU Council gives green light to 3rd amendment to Italy’s post-Covid-19 recovery plan
ENERGY: Eurostat highlights a 2.6% decrease in greenhouse gas emissions in second quarter of 2024
MERCOSUR: 78 associations call on EU to rapidly conclude trade agreement with Mercosur
MOZAMBIQUE: EU urges restraint in face of post-election violence
DIGITAL: EU adopts a common position on application of international law to cyberspace
REGIONS: EU Council gives green light to €116 million in emergency aid for Germany and Italy following floods
SRI LANKA: EU welcomes holding of peaceful and transparent parliamentary elections
TRANSPORT: Council of EU adopts agreement with European Parliament on maritime safety package
TRANSPORT: European Transport Safety Council and municipality of Bologna among winners of Excellence in Road Safety Awards
PLANTS: EU Council ratifies new rules for setting up EU phytosanitary emergency team