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Image header Agence Europe
Europe Daily Bulletin No. 13569
Contents Publication in full By article 16 / 33
ECONOMY - FINANCE - BUSINESS / Ecb

Monetary institute continues to lower its main key rates

On Thursday 30 January, the Governing Council decided to lower the three key interest rates of the European Central Bank (ECB) by a further 25 basis points, for the fifth time since June 2024 (see EUROPE B13544A10).

From Wednesday 5 February, the deposit facility rates, the main refinancing operations and the marginal lending facility will be lowered to 2.75, 2.90 and 3.15% respectively.

Citing a “unanimous” decision, ECB President Christine Lagarde indicated that the Governing...

Contents

SECTORAL POLICIES
MIGRATION: at their meeting in Warsaw, EU home affairs ministers have still not managed to give substance to concept of ‘return hubs’
MIGRATION: in Warsaw, EU27 home affairs ministers continue discussions on early application of ‘Pact on Migration and Asylum’
HOME AFFAIRS: EU home affairs ministers set out expectations for new internal security strategy for EU
HOME AFFAIRS: Germany’s interior minister criticises CDU–AfD alliance on migration and border controls
TRANSPORT/INDUSTRY : European Commission prepares Action Plan to protect European automotive sector
TRANSPORT/INDUSTRY: fuel producers are asking Europe’s political decision-makers to recognise their sector as essential and strategic
AGRICULTURE : EU/Mercosur agreement, European Commission always puts farmers “at top of its priorities”, says Maroš Šefčovič
ENERGY: European Commission allocates €1.2 billion to 41 cross-border energy infrastructure projects
ENERGY: renewable energy sector welcomes European Commission’s ‘Competitiveness Compass’
ENVIRONMENT : negotiations between EU Council and European Parliament on regulation on prevention of losses of plastic pellets have begun
JUSTICE: to meet Commission’s objective of increasing competitiveness, Michael McGrath is banking on “independent and effective legal systems”
DIGITAL : Polish Presidency of EU Council believes European technological leap forward is possible, provided “massive investment” happens soon
DIGITAL : large group of associations, companies and developers denounce European Commission’s inaction in face of abuses by gatekeepers
HEALTH: EuroHealthNet calls for EU measures to reduce consumption of ultra-processed food
HEALTH: medicine shortages persisted in EU in 2024, according to PGEU
ECONOMY - FINANCE - BUSINESS
ECB: monetary institute continues to lower its main key rates
EIB: reduction in environmental reporting is compatible with ‘European Green Deal’ objectives, says Nadia Calviño
ECONOMY: ‘Reform and Growth Facility’ for Moldova - MEPs want to increase proportion of grants and pre-financing
EXTERNAL ACTION
DRC: “This is a matter of credibility of the EU” - diplomat Johan Borgstam calls for coherent European response to Rwanda
TERRORISM: EU extends autonomous sanctions linked to terrorism
UNRWA: 30 MEPs call on António Guterres to end UN agency operations
Russian invasion of Ukraine
ENERGY: European Commission denies any link between discussions on ending transit agreement and peace agreement in Ukraine
SECURITY - DEFENCE - SPACE
DEFENCE: European defence funds - Commission adopts 5th annual work programme
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
DEMOCRACY: transparency of interest representation activities—MEPs open debate before draft report is presented
COURT OF JUSTICE OF THE EU
CONSUMERS: Court of Justice criticises Italian legislation governing unfair commercial practices
COUNCIL OF EUROPE
GEORGIA: Georgian delegation withdraws from Council of Europe’s Parliamentary Assembly who had called for new elections
COUNCIL OF EUROPE: Council of Europe’s Parliamentary Assembly supports convention for protection of profession of lawyer but warns about spyware
INSTITUTIONAL
EUROPEAN COMMISSION : Elisabetta Belloni appointed diplomatic advisor to Ursula von der Leyen
NEWS BRIEFS
ECONOMY: euro area GDP stagnated in Q4 2024
ENVIRONMENT : second European Parliament/EU Council negotiating session on revision of Food and Textile Waste Directive scheduled for 18 February
SPACE: ESA’s first lunar lander to be built by consortium led by Thales Alenia Space
TAXATION: María José Garde re-elected Chair of Code of Conduct Group at EU Council
CSDP: EU extends its EUMA Armenia mission by two years